Michael Barr is stepping down from his position as Federal Reserve Board Vice Chair for Supervision, the Federal Reserve Board announced on Monday. Barr will leave that post effective Feb. 28. The ...
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The Consumer Financial Protection Bureau (CFPB) took legal action against a mortgage company over alleged illegal practices related to financing manufactured homes. The CFPB sued Vanderbilt Mortgag...
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The U.S. Department of the Treasury and the Federal Housing Finance Agency (FHFA) have amended the preferred stock purchase agreements (PSPAs) between Treasury and Fannie Mae and Freddie Mac. The a...
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The Small Business Administration recently announced the addition of four lending institutions to the small business lending network. SBA Administrator Isabel Casillas Guzman said the SBA had gran...
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President Joe Biden on Friday blitzed Nippon Steel Corp.’s proposed $14.9 billion bid to buy Pittsburgh-based US Steel Corp., calling the potential acquisition a threat to national security that cou...
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New York State’s cannabis industry recently hit a huge milestone, surpassing more than $1 billion in retail sales, announced Gov. Kathy Hochul. “Earlier this year, my administration took critic...
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The Atlanta Federal Reserve recently promoted Michael Williams to senior vice president and head of Operations for Federal Reserve Financial Services (FRFS). Previously, Williams was vice president...
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The board of the National Credit Union Administration (NCUA) approved an investment pilot program on Monday that would allow complex federal credit unions to invest in a series of non-registered inves...
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The California Department of Insurance (CDI) on Monday released the final Net Cost of Reinsurance in Ratemaking Regulation, which requires insurance companies for the first time to increase coverage i...
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Republican members of the U.S. Senate Banking, Housing, and Urban Affairs Committee worked together during the current Congress to promote economic opportunity and capital formation, put more American...
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