Policymaking

Postal banking isn’t the fix for financial inclusion

06/13/19

Despite renewed calls from Democrats looking to USPS to offer banking services, policymakers should instead consider reforms that would permit private-sector firms like Walmart and Amazon to offer a wider array of financial products.

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HUD down-payment policy harms first-time buyers

06/11/19

The agency’s new guidance would limit some nonprofits’ ability to help borrowers pay their down payments, leading to higher home costs.

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Making bank complaint data more useful

06/10/19

The information the Consumer Financial Protection Bureau collects about customer problems can be valuable, but analysts need to move past the headline numbers.

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Credit union shopping spree funded by taxpayers

06/07/19

As credit unions buy up community banks, policymakers should take another look at ending the industry’s tax exemption and regulatory breaks.

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Federal Reserve terminates London Whale enforcement action

06/06/19

After more than six years, the Fed is ending its order requiring greater risk controls at the bank, following an estimated $6 billion in trading losses in 2012 that stemmed from a single trader.

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Bank Policy Institute names new general counsel

06/04/19

The trade organization is promoting deputy general counsel John Court to succeed Jeremy Newell in July.

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Is a leveraged lending crisis imminent? Depends who you ask

06/04/19

Lawmakers waded into a growing debate about the threat posed by corporate credit risk.

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CFPB scheduled exams for debt collectors outside its jurisdiction: IG

06/04/19

The watchdog said the CFPB had trouble determining if some medical debt collectors were subject to its oversight, yet the exams were canceled before their start dates.

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First failed bank since 2017 will leave FDIC with hefty price tag

05/31/19

Regulators closed The Enloe State Bank in Texas late Friday, marking the first failure in 17 months and the first in the Lone Star State in over five years.

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Don’t hand Fannie, Freddie over to the Fed

05/31/19

There's been chatter about whether the government-sponsored enterprises should be considered systemically important. But supporters must consider that such a designation would put the Fed in charge of their supervision, a step that would do more harm than good.

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