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After others have hinted the three bank regulators may part ways on a Community Reinvestment Act proposal, Federal Reserve Chairman Jerome Powell told lawmakers a “common answer” is the ideal outcome.
November 13 -
The three federal bank regulators usually try to issue rules jointly, but Comptroller of the Currency Joseph Otting on Tuesday pointed to areas where the agencies may move on separate paths.
November 12 -
Many in the industry have cheered regulators’ interest in improving the supervisory rating system, but they may shy from commenting publicly about their experiences in a confidential process.
November 11 -
A proposal to revise how the agency calculates the restrictions for less than well-capitalized banks relies on faulty methodology and ignores competition from fintechs and credit unions, according to the industry.
November 7 -
Regulators globally are using "tech sprints" to test new anti-money-laundering solutions. More can be done, but it's a good start.
November 4Alliance for Innovative Regulation -
It's time to establish a fintech commission.
November 1 -
Regulators globally are using "tech sprints" to test new anti-money-laundering solutions. More can be done, but it's a good start.
October 28Alliance for Innovative Regulation -
It's time to establish a fintech commission.
October 25 -
The Rakuten application has opened another front in the battle over nonfinancial companies' ownership of banks.
October 24 -
The chairman acknowledged the timetable is "ambitious."
October 21