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CFPB targets credit card interest, fees in latest report

The Consumer Financial Protection Bureau said total outstanding credit card debt eclipsed $1 trillion last year for the first time since the CFPB began collecting this data.

Oct 26, 2023
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Article
Compliance

Regulators approve Community Reinvestment Act final rule

Federal regulators issued an interagency final rule to reform Community Reinvestment Act regulations.

Oct 25, 2023
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Article
Compliance Community Reinvestment Act (CRA)

Fed meeting today on revising debit interchange fee cap

The Federal Reserve Board is scheduled to meet at 1 p.m. (Eastern time) today on proposed revisions to the agency’s debit interchange fee cap.

Oct 25, 2023
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Article

Agencies acting today on CRA, climate rulemakings

Federal agencies today are set to act on Community Reinvestment Act reform and climate risk.

Oct 24, 2023
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Article
Federal Deposit Insurance Corporation (FDIC)