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CFPB: Credit report furnishers must investigate disputes
The Consumer Financial Protection Bureau said the Fair Credit Reporting Act requires credit report furnishers to investigate potential inaccuracies in consumer credit reports.
FinCEN underestimating burden of info-sharing requests: ICBA
The Financial Crimes Enforcement Network underestimates the regulatory burden of information sharing requests between banks and law enforcement under the USA PATRIOT Act, ICBA told the agency.
Farm Credit System reports favorable results despite headwinds
The Farm Credit Administration reported that tight labor markets, rising interest rates, a strong dollar, high energy prices, and drought conditions are creating uncertainty in rural economies and...
FDIC Second-Quarter Deposit Data Show Proposed Assessment Rate Hike Not Needed
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the FDIC’s latest Quarterly Banking Profile.