On Tuesday, U.S. Sen. Jeanne Shaheen (D-NH) questioned the Small Business Administration’s (SBA) decision to approve a Small Business Lending Company license for a lender seeking to sell. In a le...
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On Monday, the Federal Deposit Insurance Corporation (FDIC) Board of Directors approved the appointment of E. Marshall Gentry to the position of chief financial officer. Gentry will also serve as ...
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The Federal Reserve Board is now accepting applications from individuals who wish to be considered for membership in its Community Advisory Council (CAC). The CAC, formed in 2015, advises the board...
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Intercontinental Exchange released its April 2024 ICE Mortgage Monitor Report this week, which provides an analysis of rates in the current high interest rate environment. Specifically, the ICE Res...
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Guidance was issued this week on a program that provides tax credits for solar and wind projects in low-income communities. The Low-Income Communities Bonus Credit Program, created by the Inflation...
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The Commodity Futures Trading Commission (CFTC) filed a civil enforcement action against a group of companies that operate a centralized digital asset exchange under the name KuCoin. The CFTC filed...
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In its latest economic forecast, the American Bankers Association’s Economic Advisory Committee said the United States is on the path toward a soft landing. The committee, composed of 16 chief ec...
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The U.S. Justice Department’s investigation into international commodities trading companies has resulted in 20 convictions of individuals, total fines, forfeitures, and penalties of more than $1.7 ...
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On Wednesday, the Consumer Financial Protection Bureau (CFPB) warned that false claims about the cost or speed of sending international money transfers can violate federal law. The CFPB said some ...
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The trading revenue from U.S. commercial banks and savings associations totaled $11.6 billion in the fourth quarter of 2023, according to the Office of the Comptroller of the Currency (OCC). The O...
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