banking regulation

House Hearing on CFPB Blasts Agency’s Structure and Claims Regulatory Overreach
House Hearing on CFPB Blasts Agency’s Structure and Claims Regulatory Overreach
March 26, 2025  |  CFPB

Critics of the Consumer Financial Protection Bureau (CFPB) said Wednesday (March 26) at a Capitol Hill hearing that the agency needs a restructuring, and has...

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FDIC Wants to Lessen Scrutiny Into Banking Mega-Mergers
FDIC Wants to Lessen Scrutiny Into Banking Mega-Mergers
March 04, 2025  |  Bank Regulation

The FDIC wants to roll back a policy that had increased oversight into large bank mergers. The proposal unveiled by the Federal Deposit Insurance Corp....

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Robinhood CEO Vlad Tenev Says Government Regulation Good for Business
Robinhood CEO Vlad Tenev Says Government Regulation Good for Business
February 25, 2025  |  Regulation

Robinhood Markets CEO Vlad Tenev reportedly said Tuesday (Feb. 25) that government regulation is good for the company’s business. Speaking with Bloomberg Television, Tenev added that the Robinhood knows...

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Banking Sector Vet Rodney Hood Named Acting OCC Head
Banking Sector Vet Rodney Hood Named Acting OCC Head
February 09, 2025  |  Bank Regulation

One of America’s main financial regulators has a new acting director. Treasury Secretary Scott Bessent announced Friday (Feb. 7) his plans to appoint Rodney Hood...

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FDIC Gives BlackRock New Deadline to Resolve Banking Oversight Questions
FDIC Gives BlackRock New Deadline to Resolve Banking Oversight Questions
January 12, 2025  |  Bank Regulation

Asset manager BlackRock is reportedly facing a new deadline over its investments in government-backed banks. The company had missed a Jan. 10 deadline issued by...

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Bank of England Aims to Loosen Rules for Lenders and Insurers
Bank of England Aims to Loosen Rules for Lenders and Insurers
January 08, 2025  |  Bank Regulation

The Bank of England has reportedly announced plans to relax rules for banks and insurers. Sam Woods, chief executive of the central bank’s Prudential Regulation...

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Fed Banking Chief Michael Barr Announces Departure Ahead of Trump Arrival
Fed Banking Chief Michael Barr Announces Departure Ahead of Trump Arrival
January 06, 2025  |  Personnel

The Federal Reserve’s top banking regulator plans to step down in late February. Michael Barr, the central bank’s vice chair for supervision, is due to...

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NY Hopes to Offset Trump’s ‘Aggressive Regulatory Reduction’
NY Hopes to Offset Trump’s ‘Aggressive Regulatory Reduction’
December 26, 2024  |  Bank Regulation

New York is reportedly tightening its financial scrutiny as Donald Trump returns to office.  With the incoming President Trump planning to roll back financial regulations,...

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Trump Considering ‘Pretty Significant’ Changes to CFPB
Trump Considering ‘Pretty Significant’ Changes to CFPB
November 24, 2024  |  CFPB

President-elect Donald Trump and congressional Republicans are reportedly considering sweeping changes to the Consumer Financial Protection Bureau (CFPB). The GOP hopes to curtail the powers...

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