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Friday, May 9th, 2025

Home » Archives for September 2017 » Page 5

Federal Reserve announces leadership for Community Depository Institutions Advisory Council

By Douglas Clark  |   September 5, 2017   |   Federal

The Federal Reserve Board recently announced Gilda M. Nogueira will serve as Community Depository Institutions Advisory Council (CDIAC) president in 2018 while Christopher D. Maher will serve as vice ...

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Texas judge strikes down Labor Department’s overtime rule

By Dave Kovaleski  |   September 5, 2017   |   Featured

A federal judge in Texas ruled against last week the Department of Labor’s overtime regulation, which would have extended overtime benefits to more workers. Texas District Court Judge Amos Mazza...

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Florida senators seek agriculture protections in NAFTA negotiations

By Dave Kovaleski  |   September 5, 2017   |   Federal

Sens. Marco Rubio (R-FL) and Bill Nelson (D-FL) recently urged the U.S. trade representative to propose measures to protect Florida agriculture from unfair trade practices in the next round of North A...

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Labor Department proposes to extend full implementation of fiduciary rule by 18 months

By Dave Kovaleski  |   September 1, 2017   |   Federal

The Department of Labor (DOL) proposed to extend the implementation of its fiduciary rule for retirement advisors by a year and a half. The rule went into effect June 9, but only in a transition ph...

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Public Company Accounting Oversight Board publishes inspection brief of audit firms

By Dave Kovaleski  |   September 1, 2017   |   Federal

The Public Company Accounting Oversight Board (PCAOB) published information this week about its ongoing 2017 inspections of auditors of public companies and other issuers. The staff inspection brie...

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CFPB sets annual adjustments for consumer credit transactions

By Dave Kovaleski  |   September 1, 2017   |   Federal

The Consumer Financial Protection Bureau (CFPB) announced its annual adjustments to the dollar amounts related to certain consumer credit transactions in 2018. The adjustments are done under the T...

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ICBA urges regulatory flexibility in helping banks assist customers in hurricane-affected communities

By Dave Kovaleski  |   September 1, 2017   |   Featured

The Independent Community Bankers of America (ICBA) is urging federal regulators to provide regulatory flexibility to help community banks restore services in hurricane-affected areas more quickly in ...

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Rep. Hensarling seeks answers from CFPB’s Cordray on payday loan rule

By Dave Kovaleski  |   September 1, 2017   |   Federal

Responding to reports that the Consumer Financial Protection Bureau’s (CFPB) final payday loan rule will be narrower in its coverage than originally proposed, Rep. Jeb Hensarling (R-TX) is questioni...

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Cannabis Banking

  • New York State hits $1B in cannabis retail sales
  • AICPA makes recommendations to IRS on cannabis businesses in advance of marijuana reclassification
  • CTrust launches credit scoring platform for cannabis businesses
  • Senators push for legal cannabis businesses to have SBA access
  • Delaware to consider bill protecting financial businesses serving legal marijuana industry

Digital Currency

  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Sen. Thune to expedite vote on GENIUS Act stablecoins bill
  • Federal Reserve Board withdraws crypto-asset bank guidance
  • PGI Global founder charged in crypto fraud scheme
  • SEC Crypto Task Force to hold crypto custody roundtable

Most Read Last 7 Days

  • Lawmakers urge reconsideration of Capital One-Discover merger
  • Reps. Smucker, Davids introduce bill to reduce student loan burden
  • Sens. Gallego, McCormick sponsor legislation to boost affordable housing supply
  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • CFPB says it will not prioritize buy now, pay later enforcement
  • Huntington National Bank opens first branch in the Carolinas
  • Credit Suisse hit with $510M fine for IRS violations
  • Tariffs have begun harming small businesses, according to Senate committee report
  • Stephen Luparello named chairman of OCC
  • Legislation reintroduced to revert 1099-K threshold level to $20,000 for gig workers

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