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There is no way to know exactly what the market will look like in 2023 or 2024 when FedNow debuts. We're working on a solution that can help our customers right away, says Luanne Cundiff, president and CEO of First State Bank of St. Charles in Missouri.
September 30
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Simone Grimes had alleged former FHFA Director Mel Watt made inappropriate advances toward her and she was paid less than the man who had previously held her position.
September 27 -
Charles Scharf’s most immediate priorities will be mending fences with regulators and getting the bank out from under a Fed-imposed asset cap. But he also must come up with strategies for spurring revenue growth and reining in expenses.
September 27 -
The three federal banking agencies moved to raise the threshold for residential transactions that require an appraisal from $250,000 to $400,000.
September 27 -
The Fed’s top regulatory official said how agencies adjust their supervisory approach may prove just as important as their rulemaking efforts.
September 27 -
Rep. Denver Riggleman, R-Va., explains why he has introduced legislation requiring greater transparency over the Federal Reserve’s forthcoming payment system.
September 27
Virginia -
A research paper says the president’s constant criticisms are driving Fed policy, directly or indirectly; the huge demand by banks for cash may be the result of tougher regulations.
September 27 -
Chairman Rodney Hood has pledged to put forth a rule on CU-bank purchases before the end of the year. It's likely to lead to another clash with bankers.
September 27 -
Readers sound off on climate change, the Federal Reserve's incoming real-time payments system, efforts for gender pay equity and more.
September 26 -
New plans for a ballot initiative in November 2020 threaten to overturn concessions that financial institutions, tech firms and other companies have won from state lawmakers.
September 26









