Regulation and compliance
Regulation
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Large banks are increasingly taking stands on social issues like gun rights and climate change. Some see this as a troubling development.
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Even with the FDIC actively encouraging groups to start banks, challenges like raising capital and low interest rates make it tough.
October 9 -
Certain topics have dominated in the Democrats’ prior face-offs, but issues like regulatory relief have the potential to highlight crucial differences between the candidates.
October 8 -
The reforms will result in significant changes to the proprietary trading ban first proposed by former Federal Reserve Chairman Paul Volcker and mandated in the Dodd-Frank Act.
October 8 -
The two Democrats waded into a court battle over the president's ability to fire a director of the Consumer Financial Protection Bureau.
October 8 -
The state's Democratic-controlled Legislature has enacted laws establishing data privacy rights, giving municipalities the ability to set up public banks, and requiring standardized disclosures on small-business loans, among other issues. Lawmakers elsewhere are taking notice.
October 8 -
One bill would tax credit unions in the Sunflower State with at least $100 million in assets.
October 8 -
The banking trade group is asking for an en banc rehearing of its field-of-membership challenge before all 17 judges of the D.C. Court of Appeals.
October 8 -
The challenge with cash is its nature makes it hard to transition away from it. On the other end of the scale, digital-only businesses may never accept cash, meaning they may always exclude the cash-based consumer.
October 8 -
The industry had welcomed the Consumer Financial Protection Bureau plan allowing debt collectors to use electronic communication, but some worry about the effect of a court decision concerning email correspondence.
October 7 -
Regulators should consider online lending and a list of what loans qualify for CRA credit in any revamp of the outdated law.
October 7 -
Allowing the mortgage giants to retain profits resolves a short-term capital shortfall, but how much capital they would need after exiting conservatorship is still the bigger question.
October 4 -
Eight credit union professionals will make up the Consumer Financial Protection Bureau's CU advisory board.
October 4 -
As Banking Committee Chairman Mike Crapo works on legislation enabling banks to serve cannabis businesses, one area of focus is combating risks tied to “legacy cash” that has accumulated in the marijuana industry.
October 4 -
While 79% of mortgages nationwide were for primary residences, 92% of credit union mortgage loans fall into that category.
October 4 -
FDIC Chairman Jelena McWilliams reaches out to tech pros to bring fresh ideas to the agency.
October 4 -
The company was the only no-show at the gathering of Facebook’s payments partners; HSBC was fined $650,000 for violating swaps risk management rules.
October 4 -
Frustrated after being overlooked by mainstream financial institutions, organizers of the proposed Pagan Federal Credit Union are hoping to be chartered by the end of the year.
October 4 -
Readers react to a regulator's promise to reduce regulation that hinders innovation, Sen. Elizabeth Warren's plan to impose heavier taxes on lobbying groups, Freddie Mac's exploration into AI and more.
October 3 -
McCrady, the driving force behind the Pittsburgh bank's $500 million investment in early childhood education and development, is the Community Impact honoree selected as part of the Most Powerful Women program.
October 3




















