Regulation and compliance
- Banking
Could the Fed have stopped Silicon Valley Bank from selling hedges?
Critics say the Fed, Silicon Valley Bank’s primary federal regulator, should have intervened to prevent the bank from selling its…
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Fed accountability bill reemerges in the aftermath of bank failures
A bipartisan group of senators are introducing a bill that would subject regional Federal Reserve Banks to Freedom of Information…
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Biden calls for tougher bank rules, but omits calls for legislation
President Joe Biden Thursday called on banking regulators to use their existing authority to toughen capital and liquidity rules for…
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CFPB finalizes data-reporting rule for small-business lenders
“Having the data set is very, very powerful,” CFPB Director Rohit Chopra says. “By merely asking for the data it…
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Democrats focus on capital rules after bank failures
WASHINGTON — Democratic lawmakers and officials are beginning to zero in on capital rules as needed adjustments to banking regulatory…
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Wells Fargo fined $98 million for helping foreign bank skirt sanctions
The Federal Reserve and Treasury Department fined Wells Fargo a total of nearly $98 million Thursday as part of a…
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OCC’s Hsu: fairness as important to bank health as safety and soundness
Acting Comptroller of the Currency Michael J. Hsu called on the industry to put the priority of fairness in banking…
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Janet Yellen says bank deregulation may have gone too far
(Bloomberg) –Treasury Secretary Janet Yellen warned that deregulatory efforts that watered down some post-2008 financial reforms might have gone too…
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Former FDIC Chair McWilliams warns against unlimited deposit insurance
Former Federal Deposit Insurance Corp. chair Jelena McWilliams said Wednesday that calls for raising the deposit insurance level above $250,000…
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Hearing pries details from regulators on SVB-Signature failures
Federal Reserve vice chair for supervision Michael Barr, left, and Martin Gruenberg, chairman of the Federal Deposit Insurance Corp.,…
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