Politics and policy
Politics and policy
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New regulations involving cryptocurrency and the results of key elections will impact the industry's success this year.
February 14 -
Mastercard, Visa and American Express are reportedly preparing to add merchant codes to identify firearm purchases, forcing the networks to straddle a hot-button issue in an election year.
February 12 -
Policymakers should ignore the legislative calendar and draft a proposal that will stand up to bipartisan scrutiny, even if it takes time.
February 9 -
Treasury Secretary Janet Yellen didn't directly address the turmoil at New York Community Bank, and said that while some smaller institutions could be hit by a changing commercial real estate market, she doesn't anticipate these mortgages will become a systemic risk.
February 8 -
Jeremy Kress, a law professor at the University of Michigan, filed a petition for rulemaking to two bank regulators, asking them to adopt an unaffiliated director standard for larger banks to address conflicts of interest between banks and their holding companies.
February 8 -
The bureau is threatening to change its stance and classify EWA programs as loans. This is unwise and will harm consumers.
February 8 -
Banks historically have been averse to challenging their regulators in court, but a suit over the recently finalized Community Reinvestment Act implementation rules is a signal that the times have changed.
February 7 -
"Some difference of views has emerged" between the Dutch banking regulator and two U.S. counterparts — the OCC and FDIC, bunq told American Banker.
February 7 -
The Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency Tuesday issued the first in a series of requests for comment on all aspects of the regulatory apparatus as part of a required decennial review.
February 6 -
Treasury Secretary Janet Yellen repeatedly demurred when invited to expound on the Basel III capital proposal, but didn't hold back her criticisms of the Securities and Exchange Commission's safeguarding rule and its consequences for banks' custody businesses.
February 6