Regulation and compliance
Regulation
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In "Limitless," the journalist Jeanna Smialek explores how the Federal Reserve has gone beyond its more traditional monetary policymaking to a more activist role of addressing societal problems.
February 20 -
The Wyoming-base crypto bank accused the Federal Reserve Board of working with the White House to block its access to the central bank's services.
February 17 -
Federal Reserve Gov. Michelle Bowman told a group of Tennessee bankers that the review is warranted but says many banks already have plenty of capital. She also touched on ESG, transparency and central bank digital currencies.
February 17 -
Amid the clamor over the agency's new beneficial ownership database, banks want FinCEN to withdraw the rule.
February 17 -
The idea that banks might be unmanageably large ignores the fact that the U.S. is full of well-managed firms that are far bigger than even the largest banks.
February 17 -
Cleveland Fed president says the central bank is still raising rates to a level that's high enough to bring inflation down to the target.
February 16 -
The departure of the Federal Reserve's No. 2 could have a profound impact on who steers its policymaking efforts on several key issues, including revamping the Community Reinvestment Act and FedNow.
February 15 -
The five-year, $50 billion agreement with community groups includes a pledge to open 25 branches in marginalized communities. TD is seeking regulatory approval for its acquisition of Memphis, Tennessee-based First Horizon.
February 15 -
The Securities and Exchange Commission has proposed an expansion of its "qualified custodian" requirements to cover a range of assets, including virtual currencies. The planned changes to those long-standing rules might hit the crypto industry particularly hard.
February 15 -
The Federal Deposit Insurance Corp. told a group of cryptocurrency platforms to stop making false claims that their crypto assets are insured.
February 15 -
Sen. Elizabeth Warren, D-Mass., specifically called out acting Comptroller of the Currency Michael Hsu, saying that he "needs to learn how to say no to anticompetitive bank mergers."
February 15 -
A federal judge in California ordered the high-cost lender CashCall to pay $134 million in restitution and a hefty fine for collecting unjust gains from consumers. He had previously ordered no restitution but was reversed by the Ninth Circuit Court of Appeals.
February 14 -
The Philadelphia Fed president was slightly more upbeat about the latest inflation data than some of his counterparts.
February 14 -
The Federal Housing Finance Agency may have gotten more than it bargained for in its review of the Home Loan banks, but there is little doubt that the effort will result in significant structural change.
February 14 -
Senate Banking panel ranking member Sen. Tim Scott, R-S.C., called on Securities and Exchange Commission Chairman Gary Gensler to appear before the committee.
February 14 -
Providers such as Klarna, Clearpay and PayPal will be required to give consumers key information about their loans and issue credit that is affordable, while users will have the right to take complaints to the Financial Ombudsman Service.
February 14 -
Federal Home Loan banks aren't doing enough to address the shortage of affordable housing in the U.S., FHFA Director Sandra Thompson says. Some of their members are instead using advances to manage liquidity and perhaps engaging in crypto-related and other activities that put the Deposit Insurance Fund at risk, she says.
February 13 -
The American Bankers Association, Credit Union National Association and other industry advocates say the current July 1 deadline threatens the safety and soundness of banking sector.
February 13 -
As Trafigura Group's metal traders were partying in London at last year's LME Week jamboree, Citigroup was taking a step that would end up shaking their world.
February 13 -
In a speech on the central bank's regulatory agenda for the year, Federal Reserve Board Gov. Michelle Bowman said the merger-and-acquisition review process could benefit from added transparency.
February 13






















