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The measure would reduce access to credit among junior service members, opening the door to payday lenders.
December 21
The Association of Military Banks of America -
The National Credit Union Administration must justify its sharply higher operating budget for next year.
December 20
National Association of Federally-Insured Credit Unions -
Investors are learning the hard way, again, that highflying new financial products, with little or no regulatory oversight, tend to crash.
December 19 -
The National Credit Union Administration can no longer examine third-party vendors and service providers. That leaves the industry vulnerable to cybercriminals and other bad actors.
December 16
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The FHFA should focus on the facts as it ponders the future of the Federal Home Loan Bank System.
December 14
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Sens. Elizabeth Warren, D-Mass., and Pat Toomey, R-Pa., have joined forces to subject regional Fed banks to heightened public scrutiny. How long the coalition lasts depends on what that new scrutiny reveals.
December 13
American Banker -
The agency is needlessly raising banks' costs at a time of severe economic uncertainty.
December 12
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Rushing to create a central bank digital currency that is not permissionless and private would be dangerous to core American principles, according to a Minnesota Republican.
December 9
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China and other countries are already working on their own central bank digital currency. Creating an American CBDC would ensure the dollar's place as a global reserve currency, a Connecticut Democrat writes.
December 9
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A former Federal Reserve official argues that current rules allow banks to begin trading in crypto assets with virtually no oversight.
December 7