A group of U.S. Congress members urged the Federal Housing Finance Agency to direct Fannie Mae and Freddie Mac (the Enterprises) to establish a clearer process to report maintenance, safety and other ...
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The Federal Reserve Board will seek public comment on changes to improve the transparency of its bank stress tests and reduce the volatility of capital buffer requirements. The stress tests evaluat...
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Two pieces of legislation were introduced earlier this month that address credit union. The Expanding Financial Access for Underserved Communities Act would help provide financial access to America...
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The Consumer Financial Protection Bureau (CFPB) recently sued Bank of America, JPMorgan Chase, Wells Fargo and Early Warning Services, a financial technology and consumer reporting company co-owned by...
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The Financial Industry Regulatory Authority (FINRA0 has ordered three financial firms to pay more than $8.2 million in restitution to customers. FINRA found that the three companies -- Edward Jones...
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U.S. Sens. Sherrod Brown (D-OH) and Jack Reed (D-RI) raised concerns with the Federal Reserve about the growing risks posed by the private credit market. In a letter to Federal Reserve Chair Jerom...
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Companies across America would have the ability to contribute to the Health Savings Accounts (HSAs) of independent contractors without making them full-time employees under legislation being drafted b...
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North Dakota Department of Financial Institutions Commissioner Lise Kruse was appointed by the Conference of State Bank Supervisors to serve on the Financial Stability Oversight Council (FSOC). Kru...
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A bipartisan bill introduced on Dec. 19 in Washington, D.C., aims to streamline processes, reduce cost-burdens for rural homeowners and small developers, and provide affordable housing incentives in A...
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The U.S. Department of the Treasury released a report that offers recommendations based on the feedback from a request for information (RFI) on the Uses, Opportunities, and Risks of Artificial Intelli...
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