Regulatory actions and programs

‘Elections have consequences’: Mulvaney’s plans for the CFPB

12/04/17

How will Mick Mulvaney reshape the consumer watchdog agency? American Banker Editor-in-Chief Rob Blackwell shares his inside-the-Beltway take on the CFPB’s future.

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Otting takes reins from Noreika at OCC

11/27/17

The former bank CEO is widely expected to continue the recent push to implement a more industry-friendly agenda.

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Guidance subject to Hill review could go back decades, lawmaker says

11/07/17

Rep. Blaine Luetkemeyer is calling on bank regulators to draw up a list of guidance going back 20 years to determine whether it should be submitted under the Congressional Review Act.

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What should replace cash? Let the market decide

06/08/17

Physical cash is likely to have utility for years to come. If it passes away, better the death blow comes from superior commercial payment systems than government edict.

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GOP plan to scrap agency guidance takes step forward

05/23/17

The Government Accountability Office has agreed to a request by a GOP lawmaker to examine whether congress can reject regulators' guidance.

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Treasury exits largest Tarp investment

05/10/17

The agency sold nearly 10.3 million shares in First BanCorp in San Juan, Puerto Rico, for $57.7 million.

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Wells Fargo's 10-year goal: $60B in loans to black homeowners

02/28/17

The bank says it will push the rest of the industry to follow its lead and step up lobbying for policies that increase minority homeownership.

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How to boost revenue despite a reg order

01/25/17

Many banks are weighed down with orders tied to the Bank Secrecy Act and anti-money-laundering laws. Others are dealing with low Community Reinvestment Act ratings. Bank M&A and branching are typically off the table until such issues are addressed, but that doesn't mean all growth opportunities are gone. Here are some ways constrained banks might be able to add revenue while working through their regulatory challenges.

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As Trump takes power, fiduciary advocates renew defense of rule

01/20/17

"There is an added sense of urgency now," says Barbara Roper, director of investor protection at the Consumer Federation of America.

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