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How the FDIC, the Federal Reserve and other regulators are working to keep banks in compliance through 2024.
March 20 -
The top five banks have combined construction loans of more than $72 billion.
March 20 -
For the second straight year, Goldman Sachs shareholders have filed a proposal calling for more details on racial and gender pay gaps. The request comes as the investment banking giant faces scrutiny over its lack of high-ranking women leaders.
March 19 -
American Bankers Association CEO Rob Nichols argued Tuesday that the trade group had no choice but to sue federal agencies that "overstepped" their authority. Former Trump-appointed regulators expressed support for the industry's increased willingness to take its overseers to court.
March 19 -
A trio of Republican Congressmen stated they will investigate how the program got fast-tracked by the Biden Administration.
March 19 -
Rep. Tom Emmer, R-Minn., majority whip of the U.S. House, says Financial Services Committee Chairman Patrick McHenry's digital market structure bill could be ready for a vote in the full chamber.
March 19 -
Industry veterans are wary of prospective borrowers who can't pay for agents, and of compensation guidelines clashing with government mortgage lending programs.
March 19 -
Banks are proceeding with caution as a new generation of AI tools arises.
March 19 -
Judicial review of bad rulemaking is a right that all regulated industries enjoy. But some industries avail themselves more than others, and the ones that rely on it the most tend to get worse policies. Banks should take notice.
March 19American Banker -
A Texas judge ordered the U.S. Chamber of Commerce to explain why it sued the Consumer Financial Protection Bureau in Texas to halt the bureau's $8 credit card late fee rule after the bureau filed a motion accusing the trade group of "forum shopping."
March 19