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Rohit Chopra: FDIC Should Review More Changes in Bank Control
PYMNTS.com· 3 days agoThe Federal Deposit Insurance Corp. (FDIC) should change its rules to ensure that it reviews any...
US regulator pauses plans to scrutinize asset manager stakes in banks
MSN News· 3 days agoBy Pete Schroeder WASHINGTON (Reuters) -A top U.S. bank regulator on Thursday shelved a vote to...
FDIC tables asset manager proposal
Banking Dive via Yahoo Finance· 3 days agoMcKernan, with support from FDIC Vice Chairman Travis Hill, proposed that the regulator set up and run a compliance...
CFPB Hits Back on Trade Groups Challenge to Small Business Lending Rule (Section 1071) | JD Supra
JD Supra· 6 days agoOn April 12, 2024, the Consumer Financial Protection Bureau (CFPB) and its director Rohit Chopra asked U.S. District Judge Randy Crane to grant summary ...
CFPB Head Wary of Big Credit Card Mergers
PYMNTS.com· 5 days agoAmerica’s leading consumer finance watchdog is skeptical about giant mergers between credit card companies. Consumer Financial Protection Bureau (CFPB)...
‘Down to the Wire’: Savers Have Just Days to Lock in I Bond Rates Before They Fall
The State· 2 days agoExperts say the government savings bonds still offer attractive rates for long-term savers, especially if the goal is to beat soaring prices. Right now, I bonds boast a 5.27% interest rate, ...
CFPB Targets Mortgage Servicer 'Junk Fees'
PYMNTS.com· 4 days agoThe CFPB is targeting “junk fees” by mortgage servicers, the companies responsible for processing mortgage payments.
Mark Zuckerberg Says Threads ‘Growing Well’ With 150 Million Users
PYMNTS.com· 3 days agoThreads now has more than 150 million monthly active users. The Meta-owned text-based social media...
Don't Bank on It: FDIC Board Withdraws Asset Manager Bank Control Proposals
The National Law Review· 2 days agoTwo proposals regarding oversight of the control of banks by asset managers were withdrawn at the 25...
Dive Deposits: Moynihan, Pick are refashioning the buttoned-up earnings call, with words
Banking Dive via Yahoo Finance· 5 days ago“Our ability to acquire Credit Suisse underscores that the regulatory framework was not the...