Regulation and compliance
Regulation
-
The White House now has just one key bank regulatory post unfilled, but it didn't get to this point easily.
December 29 -
The Wyoming-chartered digital asset bank is mounting a court challenge over how the Federal Reserve issues master accounts to applicants. Whatever happens, the suit will have broad consequences for the central bank and the banking industry.
December 29 -
After a slow start, the Federal Reserve got its efforts to combat runaway inflation up to speed quickly, implementing tightening monetary policy at the fastest rate seen in decades. Here's a hike by hike breakdown.
December 28 -
Among U.S. financial regulators, Chopra is the one who bankers fear the most. His agency is expected to battle with the financial industry in 2023 on topics ranging from discrimination to fees and the bureau's funding mechanism.
December 28 -
The U.S. Virgin Islands is suing JPMorgan Chase for "turning a blind eye" to former client Jeffrey Epstein's sex-trafficking on his private island there.
December 28 -
Two long-awaited developments — the Consumer Financial Protection Bureau's data access proposal and the Federal Reserve's faster payments network debut — are slated for next year. The combined effect on consumer banking might be more consequential than we now know.
December 27 -
The U.S. should look abroad for innovative solutions to the problem of assessing the creditworthiness of borrowers with little formal credit history.
December 26 -
Consumer advocates urged a district court to dismiss a lawsuit against the Consumer Financial Protection Bureau, alleging that discrimination is an "unfair," practice under the Dodd-Frank Act.
December 23 -
The Internal Revenue Service is postponing for a year its requirement for e-commerce platforms, including Venmo, PayPal, Cash App and Etsy, to send tax forms to customers who have transactions of more than $600.
December 23 -
The Paycheck Protection Program proved successful in providing small-business owners with funds to keep workers employed — but it was also a magnet for criminals. Here is a rundown of fraud probes, prosecutions and potential long-term consequences for commercial lending.
December 23 -
The National Credit Union Administration will soon name a director for its Office of Financial Technology and Access, which Hood — a board member and former chairman of the agency — created. He explains in an interview why the office's work is a priority.
December 23 -
SNAP recipients need easy and reliable access to their account balances and transaction histories. The Consumer Financial Protection Bureau ought to clear the way and let that happen.
December 23 -
After years of deliberation and controversy, 2022 will be remembered as the year the global financial system replaced the Libor interest rate benchmark, the last vestiges of which sunset in 2023.
December 22 -
Sam Bankman-Fried was released on a $250 million bail package after making his first U.S. court appearance to face fraud charges over the collapse of FTX, the cryptocurrency exchange he co-founded.
December 22 -
Early Warning Services' bank-owned peer-to-peer payment service reached eye-popping growth milestones in 2022. But scams targeting Zelle users also soared, drawing lawmaker scrutiny and forcing Zelle to consider reimbursing victims.
December 22 -
JPMorgan Chase is upping its climate ambitions, announcing a slew of new emissions reductions targets for its financing to carbon-intensive businesses, including airlines and cement manufacturers.
December 22 -
The National Credit Union Administration must extend a program allowing credit unions to offer long-term loans for residential solar power installations.
December 22 -
The confirmation of Martin Gruenberg to chair the Federal Deposit Insurance Corp. is the final chapter of the political fracas surrounding former chair Jelena McWilliams' departure. But it also means he could be outvoted if a Republican takes the presidency in 2024.
December 21 -
The measure would reduce access to credit among junior service members, opening the door to payday lenders.
December 21 -
The Treasury Department's top official for financial markets and stability expressed little urgency over the federal government's need to prepare for the potential launch of a digital U.S. dollar.
December 21






















