Policymaking

'A bunch of disrespectful windbags': Comments of the week

05/16/19

Readers consider a Senate Banking Committee investigation into Facebook's use of consumer data, weigh the value of the CFPB's complaints database, debate legislation that would require big bank executives to testify before Congress annually and more.

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Dimon, other CEOs would testify each year under Democratic bill

05/15/19

Draft legislation to make annual testimony mandatory for the chiefs of the largest banks was added to the agenda of a House Financial Services Committee hearing set for Thursday.

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Fed should step aside on real-time payments

05/15/19

The private sector will be able to provide more efficient and innovative technologies for the industry.

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Is Senate Banking’s Facebook inquiry the start of something big?

05/13/19

Lawmakers are taking a closer look at the company’s data collection practices and its work on cryptocurrency payments, raising the possibility of more action down the line.

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FHFA announces senior staff appointments

05/13/19

The Federal Housing Finance Agency has named three senior advisers for policy, economics and communications.

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It's a mistake to dismiss CFPB's complaint database

05/13/19

Financial institutions have often criticized the agency’s publication of consumer complaints. But the information provided can offer executives important insights into looming problems that might not yet have come to light.

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'The hypocrisy is unbelievable': Comments of the week

05/09/19

Readers weigh in on Wells Fargo's latest efforts to mollify regulators, debate the value of a "mini CFPB" in California, consider proposed changes to the Community Reinvestment Act and more.

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FDIC announces new finance chief

05/09/19

Chief Financial Officer Steve App will be succeeded by Bret Edwards, who is now head of the FDIC's division of resolutions and receiverships.

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NCUA’s appraisal plan ignores lessons of last crisis

05/09/19

The credit union regulator’s proposal to raise the threshold for home-sale appraisals to $1 million could introduce more risk into the financial system, particularly if bank regulators follow suit.

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Critics say HUD bid to restrict down payment programs skirts law

05/06/19

Two nonprofits threatened by the effort say the Department of Housing and Urban Development tried to avoid scrutiny last month when it announced the new policy outside the formal rulemaking process.

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