U.S. Reps. Blaine Luetkemeyer (R-MO) and Brad Sherman (D-CA) recently forwarded correspondence to the Federal Housing Finance Agency (FHFA) Director Sandra Thompson, noting concerns regarding the pote...
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The Commodity Futures Trading Commission (CFTC) imposed over $2.5 billion in enforcement penalties in fiscal year 2022, according to its annual report. The penalties were assessed through either r...
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A group of Republican lawmakers introduced legislation this week that mandates that a fiduciary of a retirement plan must act solely in the financial and pecuniary interest of the participants and ben...
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Small Business Administration (SBA) officials have outlined the agenda for the first Small Business Cyber Summit, a virtual forum slated for Oct. 26, 2022, amid National Cybersecurity Awareness Month....
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Freddie Mac will roll out a new innovation to mortgage lenders nationwide through Freddie Mac’s automated underwriting system, Loan Product Advisor (LPA), starting Nov. 6. The innovation facilita...
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The Federal Deposit Insurance Corporation (FDIC) board of directors approved the publication of an Advance Notice of Proposed Rulemaking (ANPR) for requirements for large banks should they fail. Sp...
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The Independent Community Bankers of America (ICBA) and its affiliated state associations are urging the Federal Housing Finance Agency to align its capital rules with those of the federal banking age...
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Credit card company Mastercard introduced a new program this week that allows financial institutions to bring secure crypto trading capabilities and services to their customers. The program, called C...
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Blumberg Capital's 2022 AI survey examining consumer behavior and attitudes on artificial intelligence (AI) maintains there is a generally positive perception of how AI can improve experiences across ...
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U.S. Sen. Elizabeth Warren (D-MA) reached out to the CEO of Wells Fargo with new information that indicates that Wells Fargo customers are reporting fraud and scams on the money transfer platform Zell...
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