The Federal Deposit Insurance Corporation (FDIC) has extended by 45 days the public comment period for proposed changes to regulations regarding the FDIC’s official sign and its official advertising...
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The Pew Charitable Trusts maintains large banks have pivoted toward offering small installment loans or lines of credit to checking account customers with low or no credit scores. Officials indicat...
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The Federal Reserve Board issued a policy statement last week that says uninsured banks supervised by the board will be subject to the same limitations on activities as insured banks and national bank...
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The private investment industry advocacy organization American Investment Council (AIC) and PitchBook recently released a report espousing the benefits of private equity’s (PE) role in supporting va...
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U.S. Sens. Chuck Grassley (R-IA) and Maria Cantwell (D-WA) are sponsoring two bills that seek to hold pharmacy benefit managers (PBMs) accountable for opaque and often deceptive practices that contrib...
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The American Bankers Association’s latest Credit Conditions Index says that bank economists expect credit conditions to soften over the next six months. This comes as the economy is expected to s...
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During its first open meeting of 2023, the National Credit Union Administration (NCUA) Board extended the 18-percent federal credit union loan interest rate ceiling and approved the Annual Performance...
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U.S. Sens. Tim Scott (R-SC) and Ben Cardin (D-MD) recently introduced the Small Business Tax Fairness and Compliance Simplification Act (S. 45), which seeks to establish small business tax code parity...
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U.S. Securities and Exchange Commission (SEC) officials have detailed a proposed rule the agency indicated would address securitization market conflicts of interest. The proposal, originally introd...
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Among the many provisions signed into law as part of the recent federal government funding package was legislation from U.S. Sens. Susan Collins (R-ME) and Mark Warner (D-VA) that will increase access...
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