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A service for political professionals · Saturday, December 21, 2024 · 770,872,027 Articles · 3+ Million Readers
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  • Published on Dec 20, 2024

    Daily Financial Regulation Update -- Friday December 20

    Federal Agencies U.S. Department of the Treasury Treasury Releases Report on the Uses, Opportunities, and Risks of Artificial Intelligence in Financial Services December 19, 2024 The U.S. Department of the Treasury released a report following the issuance …

    Source: JD Supra - Label Pending
  • Published on Dec 20, 2024

    Exclusive: Deposit-insurance reform picks up steam with Waters bill

    Representative Maxine Waters, a Democrat from California and chairwoman of the House Financial Services Committee, speaks during a hearing with Tim Sloan, president and chief executive officer of Wells Fargo & Co., not pictured, in Washington, D.C., U. …

    Source: American Banker - New York - Neutral
  • Published on Dec 20, 2024

    Inside the growing, bipartisan demand for CEO accountability

    WASHINGTON — The Federal Deposit Insurance Corp. board took an uncommonly uncontroversial step this week by voting unanimously to consider legal action against former senior executives of Silicon Valley Bank for alleged negligence that led to the bank' …

    Source: American Banker - New York - Neutral
  • Published on Dec 18, 2024

    FDIC Authorizes Potential Legal Action Against Former SVB Executives

    The Federal Deposit Insurance Corporation (FDIC) board of directors reportedly votedunanimously to authorize potential legal action against six former officers and 11 former directors of Silicon Valley Bank (SVB). This authorization was approved by both …

    Source: PYMNTS.com - Massachusetts - Neutral
  • Published on Dec 20, 2024

    How Trump's Favorite Law Could Roll Back Recent Financial Regulations

    The Congressional Review Act (“CRA”) is an interesting law that we really only think about when there is a change of party affiliation of an incoming President. Effectively, the CRA allows Congress to overturn rules that have been put into place during the …

    Source: Lexology - Neutral
  • Published on Dec 18, 2024

    FDIC weighs lawsuit against ex-SVB execs

    Dive Brief: The Federal Deposit Insurance Corp. is considering taking legal action against six former officers and 11 former directors of Silicon Valley Bank, the agency said Tuesday. FDIC Chairman Martin Gruenberg voiced support for the move in a …

    Source: Banking Dive - Label Pending
  • Published on Dec 18, 2024

    FDIC considers lawsuit against ex-SVB executives

    Federal Deposit Insurance Corp. Chair Martin GruenbergBloomberg News The Federal Deposit Insurance Corp. board voted Tuesday to explore a lawsuit against six former officers and eleven unnamed former directors of Silicon Valley Bank for mismanagement that …

    Source: American Banker - New York - Neutral
  • Published on Dec 19, 2024

    Daily Financial Regulation Update -- Thursday December 19

    Major Developments Federal Reserve Board Federal Reserve issues FOMC statement December 18, 2024 The Federal Open Markets Committee decided to lower the target range for the federal funds rate by 1/4 percentage point to 4-1/4 to 4-1/2 percent. …

    Source: JD Supra - Label Pending
  • Published on Dec 19, 2024

    Forbes BLK 50 2024

    From Left: Todd McDonald, Asahi Pompey, Don Peebles. BY DANIEL BROWN, JAMEL TOPPIN, JAVIER IGNACIO, FOR FORBES The inaugural list of the most powerful, impactful and wealthiest Black Americans. In 2009, Forbes ranked the Wealthiest Black Americans and the …

    Source: Forbes - Neutral
  • Published on Dec 19, 2024

    Former BaaS bank cited again by regulators

    A Franklin, Tennessee community bank has been cited by federal regulators for the second time this year. Lineage Bank and its holding company, Lineage Financial Network, entered into a written agreement with the Federal Reserve Board this week, agreeing to …

    Source: American Banker - New York - Neutral
  • Published on Dec 19, 2024

    More than a third of employees at US bank regulator report harassment, watchdog says

    (Reuters) -More than a third of employees surveyed at the U.S. Federal Deposit Insurance Corporation reported experiencing or witnessing workplace harassment, the agency's watchdog reported on Thursday. The findings by the FDIC's Office of …

    Source: The Gazette - Colorado - Neutral
  • Published on Dec 19, 2024

    Today In Culture, Thursday, December 19, 2024: Naomi Beckwith To Direct Documenta | E2 Site Demolition | “Ghostlight” By ...

    Get Chicago & Midwest culture news sent to your inbox every weekday morning. Subscribe to Newcity Today here. ART Naomi Beckwith Named Documenta 2027 Artistic Director Naomi Beckwith, “the deputy director and chief curator of the Solomon R. Guggenheim …

    Source: Newcity - Illinois - Neutral
  • Published on Dec 19, 2024

    Daily Financial Regulation Update -- Wednesday December 18

    Congress U.S. House of Representatives Committee on Financial Services Representatives Send Letters to Administration Regarding Recent Rulemakings December 17, 2024 The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the …

    Source: JD Supra - Label Pending
  • Published on Dec 19, 2024

    Daily Financial Regulation Update -- Tuesday December 17

    Major Developments Office of the Comptroller of the Currency OCC Reports on Key Risks in Federal Banking System December 16, 2024 The Office of the Comptroller of the Currency (OCC) set forth the key issues facing the federal banking system in its …

    Source: JD Supra - Label Pending
  • Published on Dec 18, 2024

    Ripple launches stablecoin; Tether invests in EU lifeboats

    Homepage > News > Business > Ripple launches stablecoin; Tether invests in EU lifeboats Ripple Labs’ new stablecoin is officially a thing, while Tether is investing in companies that can clear the compliance hurdles Tether finds so insurmountable. …

    Source: Coingeek - Neutral
  • Published on Dec 17, 2024

    US bank regulator considering legal action against former SVB executives

    By Pete Schroeder WASHINGTON (Reuters) - The chairman of a leading U.S. banking regulator said Tuesday his agency is considering legal action against six former officers and eleven former directors of Silicon Valley Bank. Federal Deposit Insurance …

    Source: Yahoo Finance - Label Pending
  • Published on Dec 17, 2024

    6 Takeaways from Big Banks’ Final 2024 Analyst Sessions

    After a tumultuous year, the investment community had one last shot at banking leaders before the country goes into holiday mode. Here is a sampling of what the leaders of seven major banks had to say during the 2024 Goldman Sachs U.S. Financial Services …

    Source: The Financial Brand - Neutral
  • Published on Dec 17, 2024

    Stablecoin Adoption: Ripple USD Launches Globally with Focus On Utility, Compliance

    Ripple, the provider of digital asset infrastructure for financial institutions,  announced that Ripple USD (RLUSD) will be available on global exchanges starting, December 17, 2024. RLUSD is described as an “enterprise-grade,” USD-denominated stablecoin …

    Source: Crowdfund Insider - Neutral
  • Published on Dec 17, 2024

    House Republicans warn banking agencies to pause rulemakings

    Representative French Hill, a Republican from Arkansas and vice chair of the House Financial Services Committee, speaks during a hearing in Washington, DC, US, on Tuesday, June 13, 2023. The Treasury secretary is casting international financial …

    Source: American Banker - New York - Neutral

12 days 07:11:34

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