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CFPB, DOJ issue reminder on servicemember auto finance protections
The Consumer Financial Protection Bureau and Justice Department issued a joint letter reminding auto finance companies of their responsibility to recognize legal protections for military families...
Fed: Stablecoin growth poses structural vulnerabilities
The value of outstanding stablecoins grew roughly fivefold last year, the Federal Reserve said in its 2021 annual report.
FDIC issues fact sheet, advisory on crypto deposit insurance claims
The FDIC published a fact sheet to consumers and an advisory to financial institutions on FDIC deposit insurance and crypto companies.
Senate spending deal excludes ICBA-opposed policies
The Senate budget reconciliation deal announced this week by Senate Majority Leader Chuck Schumer (D-N.Y.) and Sen. Joe Manchin (D-W.Va.) excludes several proposed tax provisions strongly opposed...