The Consumer Financial Protection Bureau (CFPB) finalized a rule this week that facilitates the transition away from the LIBOR interest rate index for consumer financial products. The new rule est...
Read More
U.S. Reps. Maxine Waters (D-CA), chairwoman of the House Financial Services Committee, and Joyce Beatty (D-OH), chair of the Subcommittee on Diversity and Inclusion, released a report on diversity and...
Read More
U.S. Reps. Scott Franklin (R-FL) and James Comer (R-KY) are looking for an update from the Justice Department on its efforts to pursue COVID-19 relief stolen by transnational and state-sponsored organ...
Read More
The Office of the Comptroller of the Currency (OCC) has released findings from a report examining the COVID-19 pandemic's impact on the federal banking industry. The OCC's Semiannual Risk Perspecti...
Read More
U.S. Sen. Elizabeth Warren (D-MA) joined U.S. Reps. Joaquin Castro (D-TX), David Cicilline (D-RI), Pramila Jayapal (D-WA), and 29 colleagues in sending the letter to U.S. Attorney General Merrick B. G...
Read More
The Securities and Exchange Commission (SEC) named Ernesto Lanza as its acting director of the Office of Municipal Securities (OMS). Lanza replaces Rebecca Olsen, who was named deputy chief for th...
Read More
The National Association of Federally-Insured Credit Unions (NAFCU) is urging the Federal Housing Finance Agency (FHFA) to assist the government-sponsored enterprises (GSEs) in increasing opportunitie...
Read More
In advance of a June 6-7, 2022, meeting, the Office of the Comptroller of the Currency (OCC) has indicated the agency is soliciting climate risk academic papers and research information. The submis...
Read More
The Securities and Exchange Commission (SEC) last week adopted rules finalizing amendments regarding implementation of submission and disclosure requirements in the Holding Foreign Companies Accountab...
Read More
National Association of Federally-Insured Credit Unions (NAFCU) officials expressed concerns to Senate leaders about the proposed Internal Revenue Service (IRS) reporting requirements. The proposed...
Read More