News
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No Master Account for Crypto
A federal appeals court has ruled that the Federal Reserve is not obligated to grant a…
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Media Reports that Fed Could Substantially Reduce Bank Supervision Staff
The Federal Reserve will reduce its bank supervision staff by 30% by the end of next…
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Hearing on Travis Hill’s Nomination
Last week, FDIC Acting Chairman Travis Hill appeared before the Senate Banking Committee for his nomination…
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Court Blocks 1033 Rulemaking
A federal court has issued an order preventing the CFPB from enforcing its rule on financial…
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Senator Tillis Proposes Legislation to Limit ‘De-Banking’
Senator Thom Tillis has released a discussion draft of proposed legislation to address alleged de-banking by…
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Banking Commission Activity
The North Carolina State Banking Commission met on Wednesday, October 29th, for a regularly scheduled meeting.…
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National Trade Groups Oppose Credit Card Fees and Interest Cap
A proposed bill to establish a nationwide cap on fees and interest on credit cards and…
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CFPB Rescinds Rules
The CFPB has rescinded a rule requiring certain nonbanks subject to final public orders obtained or…
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OCC Proposes to Rescind Recovery Planning Guidelines
The OCC is requesting comment on a proposal to rescind its recovery planning guidelines for certain…