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The biggest impact may be to focus the administration’s efforts on selecting a nominee to succeed Director Mel Watt, whose term ends in January.
August 7 -
The bureau wants to encourage more innovation without the threat of enforcement, but observers say regulators also need a testing ground to prove they can regulate fintech.
August 6 -
The passage of the Credit Union Membership Access Act was landmark legislation for the movement, and its impact is still being felt 20 years after it was signed into law.
August 6
America's Credit Unions -
With Blankfein retiring, the JPM chief will be the last crisis-era big bank CEO still in charge; earnings and big payouts are boosting bank equity prices.
August 6 -
Some of the tightest contests in the midterm elections may have big implications for the future of banking policy.
August 5 -
Sherrod Brown of Ohio and Cory Booker of New Jersey unveiled a bill to ban overdraft fees on debit card transactions and ATM withdrawals — a move that could negatively impact a major credit union revenue stream.
August 3 -
If President Trump’s tariffs on steel and other products stay in place long, big U.S. importers would be hurt and pass on the pain to their midsize and small-business suppliers — which are the bread and butter of commercial lending.
August 3 -
Sherrod Brown of Ohio and Cory Booker of New Jersey unveiled a bill to ban overdraft fees on debit card transactions and ATM withdrawals.
August 3 -
A new law exempts small lenders from expanded mortgage data reporting, but regulators are signaling that banks and credit unions no longer have to collect the data either.
August 3 -
The regulator’s move comes as Congress is considering legislation that would offer credit unions an even lengthier delay.
August 2 -
Echoing House members, five Republican senators called on the Federal Reserve Board to rethink its surcharge in order to eliminate “excessive” capital requirements.
August 2 -
A new law exempts small lenders from expanded mortgage data reporting, but regulators are signaling that banks no longer have to collect the data either.
August 2 -
Credit union trade groups are lauding the Senate's move to provide $250 million for the Treasury Department's Community Development Financial Institutions fund.
August 2 -
Kate Childress will run government affairs, communications and member engagement for the newly formed Bank Policy Institute.
August 2 -
The Senate recess is postponing the committee's vote as Democrats press Kathy Kraninger on involvement with zero-tolerance immigration policy at OMB.
August 1 -
The Federal Reserve’s forthcoming rules for banks with assets of $100 billion-$250 billion hinge on their perceived risk to the financial system.
August 1 -
Treasury, OCC want to make it easier to compete with banks; the two banks will sell notes and other products through a broker network.
August 1 -
Jamie Dimon and Lloyd Blankfein remain prominent public figures, but many other crisis-era CEOs have kept low profiles over the past decade.
July 31 -
Kraninger, a senior official at the Office of Management and Budget, has been heavily criticized by Democrats on the panel over her ties to the administration's family-separation policy at the border.
July 31 -
The decision, unveiled just hours after the Treasury Department endorsed the charter concept, means some fintech firms could soon be regulated more like banks.
July 31























