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Federal Reserve Chair Jerome Powell reaffirmed his agency’s skepticism of a Community Reinvestment Act plan proposed by other regulators, and said the Fed has an important role to ensure banks “are resilient against the longer-term risks from climate change.”
February 11
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Tech sprints that bring regulators together with bank officials, data scientists and software companies originated in the U.K. and have crossed the pond into the U.S.
February 11
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The presidential hopeful wants to mirror a German policy that allows employees of large corporations to vote for board members. Here’s why that won’t fly in the U.S.
February 11
Financial Services Authority -
Four Chinese military members charged with stealing data of 150 million Americans; fintech can use deposit insurance, a step toward a full bank charter.
February 11
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The administration proposed to end the housing trust funds now financed by Fannie Mae and Freddie Mac, and to subject numerous agencies to the congressional appropriations process, among other things.
February 10
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The agency released two new manual supplements and other materials to help nonbanks and its own staff better understand application procedures.
February 10
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The conclusion of President Trump's impeachment trial last week means both chambers of Congress are back to regular business.
February 10
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It was Varo's second try with the Federal Deposit Insurance Corp., but it has now moved within a few steps of obtaining what has eluded fintech firms of late: a green light from banking regulators.
February 10
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Payday lenders have long used bank partnerships and similar means to circumvent state interest rate caps. Lawmakers should stop such practices now.
February 10
Colorado -
The BofA CEO’s $26.5 million salary was about the same as in 2018; investors hoping for quick riches still fall for cryptocurrency-based Ponzi schemes.
February 10
