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The federal banking regulators have proposed allowing more directors and management officials to serve at more than one institution in an effort to provide relief to community banks.
December 20 -
Banks hoping to make working with the cannabis industry easier saw a positive sign this week when Congress removed the prohibition on a less potent substance.
December 19 -
Kathy Kraninger's first official action as head of the Consumer Financial Protection Bureau is to reverse course on acting chief Mick Mulvaney's effort to rename it the Bureau of Consumer Financial Protection, which consumer groups and others had sharply criticized as confusing and costly.
December 19 -
The move is sure to draw criticism from bankers because it would allow credit unions to compete for backing from private investors.
December 19 -
Fabrice Coles, who was the CBC's executive director, will work on consumer and fintech policy issues at the Bank Policy Institute.
December 18 -
The agency rolled out nearly a dozen policy changes, proposals and requests for comment, including an advance notice of proposed rulemaking on brokered funding.
December 18 -
The move is sure to draw criticism from bankers because it would allow credit unions to compete for backing from private investors.
December 18 -
A proposal allowing more lenders to skip outside appraisals could remove a hurdle to quick closings, but appraisers say they could be collateral damage.
December 17 -
As Congress moves closer to its Dec. 21 deadline to keep the government funded, the outlook for more financial services regulatory relief continues to worsen.
December 14 -
The alternative is waiting for state and federal regulators to take steps that could disrupt the flow of capital and put some firms out of business.
December 14Money360