U.S. Sen. Pat Toomey (R-PA) introduced a bill that would change the structure of the federal reserve banking system. The Federal Reserve Accountability Act would make the presidents of Fed regional...
Read More
U.S. Rep. Maxine Waters (D-CA) is urging the Federal Trade Commission (FTC) to conduct a robust review of the proposed acquisition of Black Knight, a data and analytics company, by the Intercontinenta...
Read More
The Consumer Financial Protection Bureau (CFPB) noted a survey examining household financial health pointed to a decline after several years of increased savings. The CFPB indicated the Making Ends...
Read More
A Joint Economic Committee (JEC) Democrats report maintains older Americans contribute an estimated 40 percent of the national economic output despite making up 35 percent of the population. Offici...
Read More
Iowa Attorney General Tom Miller and the Iowa Division of Banking have detailed an Assurance of Discontinuance agreement with Ogden, Utah-based Transportation Alliance Bank. The agreement stems fro...
Read More
The U.S. District Court for the Central District of California entered a consent order for permanent injunction, monetary sanctions, and equitable relief against Monex Deposit Company, Monex Credit Co...
Read More
U.S. Sen. Dan Sullivan (R-AK), a member of the Senate Committee on Veterans’ Affairs, recently commended colleagues for passing the Improving Access to the VA Home Loan Act of 2022 (H.R. 7735), whic...
Read More
Consumer Financial Protection Bureau (CFPB) officials have detailed an enforcement order against Wells Fargo Bank for mismanagement of auto loans, mortgages, and deposit accounts. The agency indi...
Read More
The Federal Reserve Board and the Federal Deposit Insurance Corporation released the updated asset-size thresholds to define certain banks under the Community Reinvestment Act (CRA). Specifically, ...
Read More
A group of lawmakers recently forwarded correspondence to some tax preparation companies and tech forms outlining concerns companies allegedly have been secretly transmitting individual taxpayers’ s...
Read More