Consumer Protection and Safety and Soundness Perspective of Credit Union Regulation - The Consumer Finance Podcast
March 3, 2025 - The Treasury Department will not enforce any penalties or fines associated with the beneficial ownership information reporting rule under the existing regulatory deadlines, and will not enforce any penalties...more
January 14, 2025- Federal Deposit Insurance Corporation Chair Martin Gruenberg gave a speech entitled “Three Financial Crises and Lessons for the Future,” at the Brookings Institution....more
December 10, 2024 - The United States Department of the Treasury is announcing the disbursement of $20 billion for the benefit of Ukraine, as part of the $50 billion G7 Extraordinary Revenue Acceleration (ERA) Loans...more
October 2, 2024- The Federal Deposit Insurance Corporation, the Federal Reserve Board, the National Credit Union Administration, the Office of the Comptroller of the Currency, and state financial regulators, issued a...more
September 19, 2024- The Federal Reserve Bank of New York’s Open Market Trading Desk issued a statement announcing it intends to conduct a small value term repo operation with Primary Dealers....more
August 9, 2024 - The U.S. Department of the Treasury, Federal Reserve Board, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, Securities and Exchange Commission, Commodity Futures Trading...more
July 10, 2024 - The U.S. House Committee on Financial Services held a hearing entitled, “The Federal Reserve’s Semi-Annual Monetary Policy Report.” The Committee heard testimony from The Honorable Jerome H. Powell,...more
April 3, 2024- Federal Reserve Board Chair Jerome H. Powell gave opening remarks at the Stanford Business, Government, and Society Forum at Stanford Graduate School of Business, Stanford, California....more
February 6, 2024- The U.S. House Committee on Financial Services held a hearing entitled, "The Annual Report of the Financial Stability Oversight Council." The Committee heard testimony from Secretary of the Treasury Janet...more
January 22, 2024- The Federal Reserve Board announced that it will extend until May 12, 2024, the comment period on its interchange fee proposal. January 22, 2024- The Federal Reserve Board announced five new members...more
January 19, 2024- The U.S. Department of the Treasury released Treasury International Capital (TIC) data for November 2023. The next release, which will report on data for December 2023, is scheduled for February 15, 2024....more
December 7, 2023- U.S. Senate Committee on Banking, Housing, and Urban Affairs Ranking Member Tim Scott (R-S.C.) and Banking Committee Republicans are calling on Federal Deposit Insurance Corporation Chairman Martin...more
November 16, 2023- The Financial Crimes Enforcement Network (FinCEN) has updated its Beneficial Ownership Information FAQs to include new questions about the reporting process, reporting companies, beneficial owners,...more
October 12, 2023- The Consumer Financial Protection Bureau and Justice Department issued a joint statement that reminds financial institutions that all credit applicants are protected from discrimination on the basis of...more
September 12, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "Oversight of the U.S. Securities and Exchange Commission."...more
July 27, 2023- The Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency are requesting comment on a proposal to increase the strength and...more
July 5, 2023- The U.S. House Committee on Financial Services announced the following hearing: "Protecting Investor Interests: Examining Environmental and Social Policy in Financial Regulation"...more
July 5, 2023- The Board of Governors of the Federal Reserve System (Federal Reserve) released the minutes of the Federal Open Market Committee meeting that was held on June 13–14, 2023....more
Federal Reserve Board- Results of 2023 bank Stress Test Released- The Board of Governors of the Federal Reserve Board (Federal Reserve) released the results of its annual stress test, documenting that the nation's...more
June 22, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "The Semiannual Monetary Policy Report to the Congress." June 22, 2023- The U.S. House Committee on Financial...more
June 8, 2023- U.S. House Financial Services Committee Chairman Patrick McHenry (NC-10), along with National Security, Illicit Finance, and International Financial Institutions Subcommittee Chairman Blaine Luetkemeyer (MO-03),...more
May 25, 2023- The U.S. House Committee on Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions held a hearing entitled, "International Financial Institutions in an...more
May 5, 2023- The Board of Governors of the Federal Reserve System (Federal Reserve) published a paper entitled, "A Financial Stress Index for a Small Open Economy: The Australian Case."...more
March 30, 2023- The Consumer Financial Protection Bureau (CFPB) has finalized a rule required by Congress to increase transparency in small business lending, promote economic development, and combat unlawful discrimination....more
December 15, 2022- The New York State Department of Financial Services released Guidance to banking organizations regulated by the NYDFS that wish to engage in virtual currency-related activities....more