The Federal Financial Institutions Examination Council released an update on a project that identifies ways to improve the safety and soundness of financial institutions examination processes, mainly ...
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The Federal Housing Finance Agency (FHFA) House Price Index (HPI) revealed 2018 third-quarter new house prices increased 1.3 percent and house prices rose 6.3 percent from the third quarter of 2017 to...
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U.S. Rep. Kevin Brady (R-TX) introduced a bill this week that includes measures that will impact retirement and other savings accounts. The legislative package – called the Retirement, Savings, a...
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American Council of Life Insurers (ACLI) officials are praising key retirement security provisions recently introduced in tax legislation. “The retirement security provisions offer lawmakers the ...
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In the latest edition of the Office of the Comptroller of the Currency’s (OCC) Community Developments Investments newsletter, OCC officials discuss how national banks and savings associations can he...
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Michelle Bowman was recently sworn to duty as a member of the Federal Reserve Board of Governors, becoming the board's first governor to fill a spot designated for someone with community banking exper...
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The dollar thresholds that will apply for determining exempt consumer credit and lease transactions in 2019 have been set by the Federal Reserve Board and the Consumer Financial Protection Bureau (CFP...
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Measurability and comparability of non-financial performance remain the biggest hurdles to ESG (environmental, social, and governance) investment growth, according to a recently released BNY Mellon re...
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The Consumer Bankers Association (CBA) supports the Office of the Comptroller of Currency’s (OCC) proposed rules on ways to modernize the Community Reinvestment Act (CRA). The CRA was initially ...
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The Federal Deposit Insurance Corporation (FDIC) has issued a proposed residential real estate guideline raising the threshold for transactions requiring an appraisal to $400,000. Officials said th...
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Democrats on the House Financial Services Committee supports the Office of the Comptroller of the Currency’s (OCC) plan to modernize the Community Reinvestment Act (CRA) but urges caution in doing s...
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A recent report released by PricewaterhouseCoopers and The World Bank Group maintains taxing bodies should increase technology use to reduce the tax compliance burdens on taxpayers. Officials said ...
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Top officials from the Property Casualty Insurers Association of America (PCI) says tariffs could have a negative impact on the automobile insurance industry. David Snyder, vice president, policy, ...
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WASHINGTON, D.C. – Congressman Michael McCaul (TX-10), Chairman of the House Homeland Security Committee and a senior member of the House Foreign Affairs Committee, and Congressman David Schweikert ...
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A bill introduced in the U.S. Senate last week aims to restore myRA, a retirement savings program that was eliminated by the Trump Administration. The myRA program was established in 2014 to create...
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A survey released by the American Bankers Association found that most American consumers have positive views of their bank’s mobile app or online banking features. Specifically, 93 percent of Am...
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A group of domestic and European insurance regulatory entities met recently to continue discussions on cybersecurity, cyber insurance, use of big data and intra-group transactions. The National Ass...
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Industry leaders recently formed a new organization, the U.S. Faster Payments Council (FPC), to foster the development of a better payment system in the country. The FPC will be focused on private-...
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The Business Roundtable recently provided an update concerning the progression of guidelines for consumer data privacy. Officials said the Business Roundtable, comprised of CEOs of leading companie...
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The American Bankers Association (ABA) recently unveiled a training program designed to aid service personnel in making the transition to banking. Officials said “Transitioning Careers – Basic ...
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