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Fed increases access to Main Street Lending Program

Fed increases access to Main Street Lending Program The Federal Reserve Board reduced the minimum loan size for its Main Street Lending Program from $250,000 to $100,000 and adjusted fees to...

Nov 02, 2020
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Article

CFPB issues debt-collection rule with ICBA-advocated change

CFPB issues debt-collection rule with ICBA-advocated change The Consumer Financial Protection Bureau issued a final rule to implement the Fair Debt Collection Practices Act, which restricts debt...

Nov 02, 2020
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Article
Compliance Compliance

Agencies propose regulation on supervisory guidance

Agencies propose regulation on supervisory guidance Federal financial regulators invited comment on a proposal outlining and confirming the agencies’ use of supervisory guidance for regulated...

Oct 30, 2020
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Article
Regulatory Relief

Checks decline at faster pace as alternative payments grow: Fed

Checks decline at faster pace as alternative payments grow: Fed The Federal Reserve Board said the number of checks issued from 2015 to 2018 declined by 8.2 percent per year, a faster pace than the...

Oct 30, 2020
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Article
Federal Reserve