Federal Reserve

Regulators finalize rule streamlining call reports for smaller banks

06/17/19

The new regulation mandated by Congress expands eligibility for a simplified reporting form to financial institutions with $5 billion of assets.

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Fed essential to ensuring equal access in real-time payments

06/17/19

Public-sector development of a speedier settlement service, to operate alongside the one being developed by The Clearing House, is crucial for seeing that institutions of all sizes are able to take advantage of this technology.

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Google and PayPal explored OCC’s fintech charter, then walked away

06/16/19

Dozens of companies, including Google and PayPal, met with OCC officials last year in part to discuss obtaining a new fintech charter, but many ultimately decided not to pursue it, according to sources. Here's why.

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Trump slams Fed's Powell saying ‘I disagree with him entirely’

06/14/19

President Trump sharply criticized Jerome Powell in an interview aired Friday, blaming the Federal Reserve chairman for raising interest rates.

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Fed publishes report on what bankers want from CRA reform

06/13/19

The central bank gathered feedback in nearly 30 roundtable discussions about regulators' efforts to modernize the 1977 law.

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Agencies are close to finishing Volcker Rule changes: FDIC's McWilliams

06/12/19

The head of the Federal Deposit Insurance Corp. previously had said regulators were weighing numerous options for addressing criticism of their 2018 proposal.

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Warren, Jones press regulators on fintech lending discrimination

06/12/19

Sens. Elizabeth Warren, D-Mass., and Doug Jones, D-Ala., cited research that found algorithmic lending can lead to higher interest rates for minority borrowers.

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6 policy responses to leveraged lending fears

06/06/19

Options include legislation to study the risk of leveraged loans, more aggressive action by the Financial Stability Oversight Council and additional capital buffers. Policymakers may also choose to do nothing.

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Federal Reserve terminates London Whale enforcement action

06/06/19

After more than six years, the Fed is ending its order requiring greater risk controls at the bank, following an estimated $6 billion in trading losses in 2012 that stemmed from a single trader.

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Senators urge brighter Fed spotlight on Deutsche Bank AML practices

06/06/19

The seven Democrats sought details on the Fed's response to allegations the bank suppressed suspicious activity reports on businesses tied to President Trump and Jared Kushner.

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