Bankruptcy Blogs

Fed's Brainard sees solid economy, backs change to monetary policy

11/26/19

In the Fed's quest to bring inflation back to its 2% target, Gov. Brainard recommended pursuing a policy she called “flexible inflation averaging.”

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HUD asks for input on policies that may limit affordable housing

11/26/19

The Department of Housing and Urban Development is seeking public feedback on federal, state and local laws and regulations that may inhibit affordable housing or constrain the supply of housing.

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Supreme Court to hear CFPB constitutionality case in March

11/26/19

The high court scheduled oral arguments on March 3 in the lawsuit dealing with a president's ability to fire the head of the Consumer Financial Protection Bureau.

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Industry's 3Q strong despite ‘nonrecurring events’ at 3 banks: FDIC

11/26/19

Profits dipped 7% from a year earlier but banks still earned nearly $60 billion, the agency said in its Quarterly Banking Profile.

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Sens. Warren, Brown ramp up attacks on Apple Card over bias claims

11/26/19

Democratic Senators Elizabeth Warren and Sherrod Brown want the Consumer Financial Protection Bureau to examine allegations of bias against women who applied for an Apple credit card underwritten by Goldman Sachs.

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How faster payments can connect 'islands of processing' between banks

11/26/19

Interoperability has become a top priority in the minds of those advancing faster payments.

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Citigroup hit with record U.K. fine for incorrect reporting

11/26/19

The Bank of England fined Citi $57 million for failing to properly report capital and liquidity levels at its European investment bank and other global operations.

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Why small businesses need regulators' proposed 'Madden' fix

11/26/19

Bank regulators are considering a bypass to the 2015 court ruling governing loan sales that would ultimately offer more credit options to entrepreneurs.

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N.Y. Fed close to filling market ops spots; Subprime auto-backeds rev up

11/26/19

The Bank is poised to pick two people to handle Simon Potter’s former job; Securities backed by subprime U.S. car loans are “going gangbusters.”

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9 big items on regulators’ to-do list (including CRA reform)

11/25/19

A proposal to modernize the Community Reinvestment Act could be just a snippet of what regulators try to accomplish as they wrap up 2019.

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