Financial regulations

GAO finds Obama-era Fed guidance should have been issued as rules

10/23/19

The Government Accountability Office determined that three Obama-era letters from the central bank related to large-bank supervision should have been submitted for congressional review.

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How JPMorgan Chase is helping ex-cons land jobs

10/21/19

The nation's largest bank is hiring former prisoners for entry-level jobs and funding a policy center whose mission will be to help adults with criminal histories reenter the workforce.

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Don’t mess with rules curbing derivatives risk

10/18/19

A regulatory proposal to ease the initial margin buffer on certain derivatives trading could be harmful to the economy.

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Why reforming Fannie and Freddie is so hard to do

10/16/19

As the administration gears up to end a decade of government control of Fannie and Freddie, are there any good options?

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Has banking become too political?

10/09/19

Large banks are increasingly taking stands on social issues like gun rights and climate change. Some see this as a troubling development.

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Ruling cuts short debt collectors’ victory lap over CFPB proposal

10/07/19

The industry had welcomed the Consumer Financial Protection Bureau plan allowing debt collectors to use electronic communication, but some worry about the effect of a court decision concerning email correspondence.

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Regulators finalize rule expanding exemption for home appraisals

09/27/19

The three federal banking agencies moved to raise the threshold for residential transactions that require an appraisal from $250,000 to $400,000.

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California data privacy compromise in peril

09/26/19

New plans for a ballot initiative in November 2020 threaten to overturn concessions that financial institutions, tech firms and other companies have won from state lawmakers.

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Financial abuse of elders is getting worse

09/25/19

Elder financial exploitation is a vast and growing problem in the U.S., and one that presents difficult policy challenges for law enforcement and banks.

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Do big credit unions act too much like banks?

09/18/19

From expanding their membership to buying naming rights for major stadiums, big credit unions are taking unfair advantage of their tax exemption, bankers and industry observers argue.

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