Financial regulations

Michigan de novo receives FDIC approval to open

10/04/18

MiCommunity Bancorp would be the first bank to open in Michigan in 10 years.

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Fed 'listens' to assess impact of rural branch closings

10/04/18

The central bank’s top regulatory official discussed how the Fed is using listening sessions in isolated communities to understand the effect of losing the one bank in town.

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High-cost bank loans a step in the wrong direction

10/03/18

Banks are being encouraged to offer smaller loans as an alternative to payday products, but their high interest rates can still put consumers in debt.

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Why regulators need to take another look at bank capital

09/28/18

The banking agencies are right to review capital requirements for banks of all sizes to ensure the rules are efficient and clear.

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OCC should improve CRA, not gut it

09/27/18

The agency has suggested several steps in its notice on reforming the law that could actually harm, not help, underserved communities.

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Inside Warren’s latest criticism of CFPB’s Mulvaney

09/27/18

American Banker's Kate Berry discusses recent events at the Consumer Financial Protection Bureau.

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Consumer group calls for CFPB fair lending official's ouster

09/27/18

A liberal advocacy group says a Trump political appointee at the CFPB must resign after the Washington Post reported the official once called most hate crimes hoaxes.

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California Gov. Brown should sign new bill to protect small businesses

09/25/18

The legislation would help small-business owners better evaluate financing options by requiring updated disclosures.

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Fed to repeal originator licensing rules now governed by CFPB

09/21/18

The central bank said the proposal is intended to eliminate duplication of rules for entities covered by the Secure and Fair Enforcement for Mortgage Licensing Act of 2008.

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'This Grand Canyon of tax loopholes': Comments of the week

09/21/18

Readers react to the Office of the Comptroller of the Currency's fintech charter, respond to another bank outage, opine on the impact of regulation and more.

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