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The regulator is expected to finalize a rule this week allowing credit unions to issue subordinated debt to outside institutional investors. That's bad public policy, the American Bankers Association writes.
December 16American Bankers Association -
Hauptman said dealing with the economic fallout from the coronavirus was a top priority for the agency, along with aligning incentives and expanding the use of technology in the industry.
December 14 -
The credit union regulator's monthly meeting will cover the agency's budget proposal and subordinated debt, among other items, along with taking another shot at an overdraft proposal that was rejected earlier this year.
December 11 -
Board member Todd Harper was concerned that the credit union regulator was not adequately preparing for the impact of prolonged economic turmoil and could be caught "flat-footed" as it was heading into the last crisis.
December 2 -
The confirmation ensures Republicans will hold the majority vote at the credit union regulator until at least 2023.
December 2 -
The reduction marks the third time in three years the agency has cut annual fees for national banks.
December 1 -
Jobs will be harder to find for graduates, and there are new underwriting platforms that can better predict students' future income in their chosen field.
December 1Climb Credit -
The credit union regulator's budget briefing could produce fireworks, but possible Senate action could make the result of an eventual budget vote a foregone conclusion.
November 30 -
Global regulators are considering a universal stress test for climate change that requires lenders to use a 30-year horizon, a difficult and speculative projection of the energy industry that could harm bank financials.
November 30 -
Default risks soar in minority neighborhoods during challenging economic times because, data shows, homes there are overpriced relative to incomes. Zoning and other changes could make loans more affordable by boosting housing stock and driving down prices.
November 25American Enterprise Institute’s Housing Center