News
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CFPB Cybersecurity Issues
The CFPB’s procedures for securing its information systems have deteriorated in recent months, according to a…
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Bill to Reopen the Federal Government Has Additional Implications
The bill to reopen the federal government – HR 5371 – provides appropriations for most federal…
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NCBA Seeks to Close Stablecoin Interest Payments Loophole
The NCBA has joined with state bankers associations nationwide to urge the U.S. Treasury Department to…
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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.…