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The six bills championed by Democrats aim to reduce consumer burdens and provide opportunities for borrowers to rehabilitate their credit, but the legislation has garnered no Republican support.
January 28 -
To guard against headwinds in the agricultural sector, the Federal Deposit Insurance Corp. recommended that institutions consider the “overall financial status” of farm loan borrowers.
January 28 -
The group, which serves community development credit unions, filed a brief suggesting that changing the bureau to a bipartisan commission could have an adverse impact on smaller institutions.
January 28 -
Comptroller of the Currency Joseph Otting upset some House Democrats when he was a no-show at a previous oversight hearing. They will now get a chance to question him about the future of the Community Reinvestment Act.
January 28 -
The recent Dodd-Frank rollbacks for smaller banks could encourage risk-taking that leads to a systemic issue.
January 28 -
The regulators plan to drop the 3% limit on bank investments in venture capital funds; Visa invests in another fintech startup.
January 28 -
An outside paper identifies the statutes, regulations and other bureaucratic realities complicating the banking agencies’ efforts to oversee and benefit from rapidly changing technology.
January 27 -
The pot banking bill is a long shot after recent criticism by the Senate Banking chairman, but some groups are trying a new argument in a last-ditch effort to sway lawmakers.
January 27 -
The Senate is busy with President Trump's impeachment trial but policymakers and legislators elsewhere have several credit union-related issues to content with in the coming days.
January 27 -
The pot banking bill is a long shot after recent criticism by the Senate Banking chairman, but bankers are trying a new argument in a last-ditch effort to sway lawmakers.
January 26