Jelena McWilliams

Remaking the FDIC by ripping up the rules

10/01/18

Jelena McWilliams knows the value of the FDIC’s role in a way most other Americans do not. Now she's in charge as it grapples with difficult questions and sets out to reshape the industry.

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Lawmakers seek more covered funds exclusions as part of Volcker changes

10/01/18

Seven Republican senators urged regulators on Monday to consider additional changes to the Volcker Rule's "covered funds" definition.

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Small lenders more likely to use 'relationship' factors: FDIC survey

10/01/18

The agency found that banks with less than $10 billion in assets were more prone than larger lenders to go beyond using standard criteria in evaluating borrowers.

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FDIC proposal would ease regs on certain deposits

09/13/18

The proposal, required by the regulatory relief package that Congress passed in May, would exempt the healthiest banks from having to count reciprocal deposits as brokered deposits.

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Senate banking panel postpones hearing on reg relief implementation

09/11/18

The Senate Banking Committee said it is postponing a hearing on the implementation of regulatory relief for "logistical reasons."

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In reg relief just as with Dodd-Frank, spotlight's trained on Fed

09/10/18

The central bank, which received broad authority after the crisis to supervise big banks, is expected to get more attention from lawmakers over its discretion to ease banks’ burden.

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FDIC veterans promoted to key leadership roles

09/04/18

The appointments are on top of other recent personnel changes under Chairman Jelena McWilliams, who took the reins of the agency in June.

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Regulators extend comment period for Volcker Rule changes

09/04/18

The agencies had proposed revisions designed to make compliance less complex, but banks have expressed concern that the plan could have the opposite effect.

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6 takeaways as FDIC reports another record earnings quarter

08/23/18

A huge chunk of the profit increase in the second quarter was due to a lower tax rate, but rising net interest margins and loan growth signal that institutions continue to derive revenue from their loan book.

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Agencies open to extending Volcker comment period: FDIC chair

08/23/18

A top regulator has signaled that the banking agencies are receptive to extending the comment deadline, after banks raised concerns about a proposed revision to the ban on proprietary trading.

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