Law and regulation

With Mark McWatters out, what’s next for NCUA?

11/24/20

The biggest questions following the former chairman's resignation aren't about regulation but whether the agency can recapture a spirit of bipartisanship and collaboration.

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Week ahead: Changes at NCUA, recession fears worsen

11/23/20

It remains unclear how Mark McWatters's departure will impact the credit union regulator, and there is growing evidence that the country could face a "double-dip recession."

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Mark McWatters resigns from NCUA board

11/20/20

The former chairman butted heads with colleagues over the agency’s budget this week, and the Senate is expected to vote to confirm a successor early next month.

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NCUA considering outside help to boost diversity survey participation

11/19/20

The credit union regulator's November board meeting covered a variety of issues, including the voluntary self-assessment, disagreements on the budget proposal and the possibility of new insurance premiums in 2021.

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Week ahead: Budget proposal, diversity on tap for NCUA board meeting

11/16/20

Credit unions will have their first opportunity to hear from the federal regulator about its recently released budget proposal and also get an update on the agency's diversity self-assessment.

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Biden adds bank critics to transition team; will Biden get any Fed picks?

11/11/20

The group includes many advocates for stricter bank regulation from the Obama administration; the president-elect may have as many as three open seats on the central bank or as few as none.

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NCUA's Hood to Senate panel: Extend CARES Act provisions for credit unions

11/10/20

The chairman of the National Credit Union Administration said during his limited time in a Senate Banking Committee hearing that he hoped changes to the agency's Central Liquidity Facility would last for the duration of the pandemic.

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Week ahead: Credit unions lay out lame-duck priorities

11/09/20

The industry is calling for lawmakers to extend changes to NCUA's Central Liquidity Facility and more before Congress adjourns.

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Ex-CFTC chief Gensler and banker advising Biden on Wall Street

11/09/20

Former Commodity Futures Trading Commission Chairman Gary Gensler and KeyBank NA executive Don Graves have been tapped to examine financial regulators as part of Joe Biden’s presidential transition, according to a person familiar with the matter.

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CFPB investigating Regions’ overdraft practices

11/06/20

The bank disclosed in a regulatory filing that it is in the process of responding to a civil subpoena from the Consumer Financial Protection Bureau. It is the latest bank to come under regulatory scrutiny for the fees charged to consumers who overdraw their accounts.

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