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Published on Nov 20, 2024

FDIC extends recordkeeping rule comment period

The Federal Deposit Insurance Corp. has extended the public comment period for its proposed rule on recordkeeping for banks’ third-party accounts by 45 days, the agency said Monday. The proposal, published in September, aims to address risks associated …

Source: Banking Dive - Label Pending
Published on Nov 20, 2024

FDIC Releases Survey on Unbanked

Get the top stories of the day around the DMV. The Federal Deposit Insurance Corporation (FDIC) released the 2023 FDIC National Survey of Unbanked and Underbanked Households that revealed millions of households in the U.S. lacked a bank or a credit union …

Source: The Washington Informer - Left-wing
Published on Nov 20, 2024

FDIC Extends Comment Period for Proposed Rule on Recordkeeping for Third-Party Deposits

In a previous post, we discussed the Federal Deposit Insurance Corporation’s (FDIC) notice of proposed rulemaking aimed at enhancing recordkeeping for bank deposits received from fintech and other third-party, non-bank companies. The proposed rule …

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

FDIC extends comment period for rule on recordkeeping for custodial accounts by 45 days

The Federal Deposit Insurance Corporation (FDIC) is extending the public comment period for its proposed rule on recordkeeping for custodial accounts by 45 days. © Shutterstock On Sept. 17, the FDIC proposed a rule that would strengthen recordkeeping for …

Source: Financial Regulation News - Washington D.C. - Neutral
Published on Nov 20, 2024

Santander UK sets aside £295mn for car finance probe; FDIC chair Gruenberg to step down in January

Santander UK has provisioned £295mn to address potential costs stemming from an industry-wide investigation into car finance commissions, following an October Court of Appeal ruling that deemed it unlawful for car dealers to receive commissions from banks …

Source: The Banker - Neutral
Published on Nov 20, 2024

FDIC chair, ‘architect of Operation Chokepoint 2.0’ Martin Gruenberg to resign Jan. 19

Martin Gruenberg, the chair of the Federal Deposit Insurance Corporation and alleged “architect of Operation Chokepoint 2.0,” has reportedly announced he’ll retire on Jan. 19 — a day before Donald Trump is inaugurated as president. Reuters reported on Nov. …

Source: Coin Telegraph - Neutral
Published on Nov 19, 2024

FDIC Chairman Martin Gruenberg to Resign in January

Federal Deposit Insurance Corp. (FDIC) Chairman Martin Gruenberg will step down from that post and from his seat on the board of directors the day before the inauguration of President-elect Donald Trump. Gruenberg told President Joe Biden Tuesday (Nov. 19) …

Source: PYMNTS.com - Massachusetts - Neutral
Published on Nov 19, 2024

FDIC chair to resign as Trump-win thaws crypto scrutiny

Government actions tied to a sweeping anti-crypto operation are rapidly unraveling weeks before Republican President Donald Trump takes office. Martin Gruenberg, chair of the U.S. Federal Deposit Insurance Corporation, announced plans to step down from his …

Source: crypto.news - Neutral
Published on 03:45 GMT

Gou Admits to Stealing $95K from Knox County Victim

Dongyi Guo is shown being escorted into the Knox County courthouse on March 26, 2024, by KC Sheriff Carl Knoche. Photo by Echo Menges ST. LOUIS – A man from China admitted taking $95,000 from a 79-year-old Missouri fraud victim. Dongyi Guo, 28, pleaded …

Source: The Edina Sentinel - Missouri - Label Pending
Published on Nov 20, 2024

Hold off on new rules before Trump, GOP lawmakers tell regulators

Republicans on the House Financial Services Committee on Wednesday sought to persuade bank regulators to commit to pausing any rulemaking plans until President-elect Donald Trump takes office in two months. During the committee’s oversight hearing of the …

Source: Banking Dive - Neutral
Published on 03:16 GMT

Trump’s team vets for first White House crypto role

President Donald Trump and his team inched closer to assembling a crypto council as promised to the digital industry and a new office at the White House. Trump’s transition team is evaluating candidates to lead a first-of-its-kind crypto office in the …

Source: crypto.news - Neutral
Published on Nov 20, 2024

Regulators to pause major proposals until Trump takes office

From left, Federal Reserve vice chair for supervision Michael Barr, Federal Deposit Insurance Corp. chair Martin Gruenberg and acting director of the Office of the Comptroller of the Currency Michael HsuBloomberg News The book has all but closed on the …

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

Texas bank holding company cited by Fed

A Texas-based bank holding company is caught in regulatory crosshairs for the third time this year with an enforcement action from the Federal Reserve over alleged unsafe and unsound business practices. Three of Industry Bancshares’ subsidiary banks – …

Source: Banking Dive - Neutral
Published on Nov 20, 2024

McHenry: Banking Regulators Stuck ‘Fighting the Last War’

By this time next year, America’s banking regulators will likely have new leadership. At a hearing Wednesday (Nov. 20) Rep. Patrick McHenry took the outgoing regulators to task. McHenry, the North Carolina Republican who serves as chair of the House …

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

OCC’s Hsu Supports Chartering Regime for Nonbanks

Acting Comptroller of the Currency Michael J. Hsu said he supports “federal payments regulation and a chartering regime for nonbanks.” In a written statement on the state of the federal banking system prepared for his Wednesday (Nov. 20) testimony before …

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

House Financial Services Committee Holds Hearing on ‘Oversight of Prudential Regulators’

House Financial Services Committee holds a hearing entitled “Oversight of Prudential Regulators” at 10 a.m. ET on Nov. 20. Witnesses: The Honorable Michael Barr—vice chairman for supervision, Board of Governors of the Federal Reserve System The Honorable …

Source: NTD - Right-wing
Published on Nov 20, 2024

Vassalboro select board ponders changing bank, town attorney

The Nov. 13 Vassalboro select board meeting included two phone-ins, as board members debated whether to change the town’s bank and the town attorney. After the discussion of switching banks, with Jennifer Seekins, of Bar Harbor Bank & Trust, they …

Source: The Town Line - Maine - Neutral
Published on 01:16 GMT

O.C. sheriff's employee lived lavished lifestyle by stealing from her grandma. She now faces prison

For years, an Orange County Sheriff’s Department employee was living large, spending lavishly on Santa Ana dinners, West Hollywood bars and a nightclub in Las Vegas. But it wasn’t the department’s payroll footing the bill — it was her unsuspecting …

Source: La Canada Valley Sun - California - Label Pending
Published on 02:03 GMT

FCC Draft Order Would Loosen RDOF, CAF II Auction Financing Rules

WASHINGTON, Nov. 20, 2024 – A draft of an order up for consideration at the Federal Communications Commission’s December meeting would loosen some financing rules for its broadband subsidy programs. The public draft, released Wednesday, would ditch the …

Source: Broadband Breakfast - Neutral

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Published on November 14, 2024 - 20:12 GMT

2024 Trump Victory Factors: How Money and Media Shaped the Election

For more than 30 years I developed strategies, produced media and managed political campaigns. I specialized in long odds races against entrenched incumbents and won a fair share of them. I’m no stranger to political upsets. But never in my personal …

Source: Op/Ed
Published on November 15, 2024 - 20:31 GMT

Embassy Bancorp, Inc. Announces Results of Operations as of and for the Three and Nine Months ended September 30, 2024

BETHLEHEM, Pa., Nov. 15, 2024 (GLOBE NEWSWIRE) -- On November 13, 2024, Embassy Bancorp, Inc. (OTCQX: EMYB) (the “Company”) filed its Quarterly Report on Form 10-Q for the period ended September 30, 2024, a copy of which can be found at https:// …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on November 20, 2024 - 16:00 GMT

FirstBank Reports Third Quarter Results, Emphasizing Community Commitment and Strategic Market Shift

LAKEWOOD, Colo., Nov. 20, 2024 (GLOBE NEWSWIRE) -- FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” announced its 2024 third-quarter summary of the company’s holdings and activities. At the end of September, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 19, 2024 - 10:00 GMT

South End Capital Invites Businesses to Access Financing for the Holidays

The $3.2B direct lender and tech-powered marketplace offers its flexible business financing to help small businesses prepare for the holidays. ST. CLOUD, MN, UNITED STATES, November 19, 2024 /⁨EINPresswire.com⁩/ -- South End Capital, a division of …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...

Published on November 19, 2024 - 21:15 GMT

StoneX Group Inc. Reports Fiscal 2024 Fourth Quarter Financial Results

Record Fiscal Year Results, with Net Income of $260.8 million, up 9% Quarterly Net Operating Revenues of $454.8 million, up 13% Record Quarterly Net Income of $76.7 million, ROE of 18.5% Quarterly Diluted EPS of $2.32 per share, up 48% NEW YORK, Nov. 19, …

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Published on November 19, 2024 - 21:05 GMT

Dave Appoints Kevin Frisch as Chief Marketing Officer

LOS ANGELES, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (Nasdaq: DAVE), one of the nation’s leading neobanks, announced today that Kevin Frisch has been appointed Chief Marketing Officer. In this role, Frisch will lead all facets of Dave's marketing …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on November 19, 2024 - 14:00 GMT

Edward Woodford, Founder and CEO of Zero Hash recognized as 2025 Chicago Titan 100

CHICAGO, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Zero Hash is honored to announce that Founder and CEO, Edward Woodford, has been named a 2025 Titan. The Titan 100 program recognizes Chicago’s Top 100 CEOs & C-level executives, where Zero Hash is …

Distribution channels: Banking, Finance & Investment Industry ...
Published on November 19, 2024 - 14:00 GMT

Agilitas Energy Buoys National Expansion Efforts with Strategic Financing from 1st Source Bank

WAKEFIELD, Mass., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Agilitas Energy, the largest integrated developer, builder, owner and operator of distributed energy storage and solar photovoltaic (PV) systems in the northeastern U.S., secured financing from 1st Source …

Distribution channels: Banking, Finance & Investment Industry ...
Published on November 18, 2024 - 20:37 GMT

First Federal Savings Bank and Gibco Motor Express Complete Hurricane Relief Drive

EVANSVILLE, Ind., Nov. 18, 2024 (GLOBE NEWSWIRE) -- First Federal Savings Bank in partnership with Gibco Motor Express LLC, is proud to announce the successful conclusion of a community-driven hurricane relief effort to support those impacted by the recent …

Distribution channels: Banking, Finance & Investment Industry, Companies ...

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Published on November 20, 2024 - 22:44 GMT

Republic Financial Partners with the Sons of the American Revolution

Republic Financial expands partnership program to protect American heritage and secure financial futures LEXINGTON, KY, UNITED STATES, November 20, 2024 /⁨EINPresswire.com⁩/ -- Republic Financial, a Morris Industries company, is proud to announce …

Distribution channels: Culture, Society & Lifestyle, Insurance Industry ...
Published on November 20, 2024 - 22:27 GMT

Creative Society Volunteers Launch a New Online Series Event: 'What The Climate? Exploring Problems & Solutions'

Volunteers from the Creative Society Michigan Volunteers have launched a new online event series aimed at making critical climate information accessible. DETROIT, MI, UNITED STATES, November 20, 2024 /⁨EINPresswire.com⁩/ -- Volunteers from the …

Distribution channels: Culture, Society & Lifestyle, Environment ...
Published on November 20, 2024 - 21:52 GMT

Next Congress’ Attention to Seven Tax Priorities Are Critical To Protect Family Businesses, Say Polls and Experts

Preserving Current Tax Rates and Brackets Is No. 1 Priority, as Family Businesses Invest More Back into Their Businesses DC, UNITED STATES, November 20, 2024 /⁨EINPresswire.com⁩/ -- As the Tax Cuts and Jobs Act heads toward expiration, new …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 20, 2024 - 20:08 GMT

Depression, Anxiety, and Dread Spiking Among Trans People after the Election: “My country is no longer the same”

Post Election, 80% of Trans People Report Health Problems That Interfere With Daily Functioning PROVIDENCE, RI, UNITED STATES, November 20, 2024 /⁨EINPresswire.com⁩/ -- A study conducted by Dr. Lisa Diamond, University of Utah, and the National …

Distribution channels: Healthcare & Pharmaceuticals Industry, Human Rights ...
Published on November 20, 2024 - 19:29 GMT

ROA applauds House passage of Elizabeth Dole Act

Six improvements to USERRA spearheaded by ROA included in significant legislative package passed with bi-partisan support by the U.S. House of Representatives. WASHINGTON, DC, UNITED STATES, November 20, 2024 /⁨EINPresswire.com⁩/ -- The U.S. House …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on November 20, 2024 - 19:14 GMT

Glenn Baker's 'Finish This Fight: The Diary of a Pissed Off American Soldier' Premieres November 22nd

A Patriotic Tribute to America’s Heroes and a Call for Constitutional Renewal FORT LAUDERDALE, FL, UNITED STATES, November 20, 2024 /⁨EINPresswire.com⁩/ -- Acclaimed musician and filmmaker Glenn Baker is set to premiere his highly anticipated …

Distribution channels: Military Industry, Movie Industry ...
Published on November 20, 2024 - 16:31 GMT

Millions of Texans Could Find Free or Low-Cost ACA Marketplace Plans During Open Enrollment

Affordable Health Coverage Available Through January 15, 2025 AUSTIN, TX, UNITED STATES, November 20, 2024 /⁨EINPresswire.com⁩/ -- With the ACA Marketplace open enrollment now underway, Texas 2036 is calling attention to the affordability of …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on November 20, 2024 - 15:42 GMT

Write Your Own Love Story: All She Wrote Books Offers Space for LGBTQ+ Elopements Before Inauguration Day

LGBTQ+ couples and book lovers can get hitched before administration changes. SOMERVILLE, MA, UNITED STATES, November 20, 2024 /⁨EINPresswire.com⁩/ -- This year’s election results have brought challenges and uncertainty to many, particularly women …

Distribution channels: Book Publishing Industry, Culture, Society & Lifestyle ...
Published on November 20, 2024 - 14:30 GMT

Report: AI data centers could drive up consumer electricity prices 70% by 2029

Average household could pay $1,200 more each year and be at risk of widespread brownouts and blackouts WASHINGTON, DC, UNITED STATES, November 20, 2024 /⁨EINPresswire.com⁩/ -- American consumers and small businesses could face up to 70% higher …

Distribution channels: Business & Economy, Energy Industry ...
Published on November 20, 2024 - 14:25 GMT

BSV Chairman Will Clements Attends National Meeting For Community Bank Leaders

Post-election industry impacts, public policy priorities and fraud dominate discussions CARSON, VA, UNITED STATES, November 20, 2024 /⁨EINPresswire.com⁩/ -- Community bankers around the country gathered in Washington last week to discuss the …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on November 20, 2024 - 14:14 GMT

Museum of Civilian Voices Presents "1,000 DAYS. THOUSANDS OF STORIES"

A SPECIAL PROJECT FROM THE MUSEUM OF CIVILIAN VOICES BY THE RINAT AKHMETOV FOUNDATION TO COMMEMORATE 1,000 DAYS OF WAR KYIV, UKRAINE, November 20, 2024 /⁨EINPresswire.com⁩/ -- On the morning of Thursday 24 February 2022, russia launched its full- …

Distribution channels: Business & Economy, Human Rights ...
Published on November 20, 2024 - 13:53 GMT

Industry-Leading Compliance to government regulations with Stranded Flight Solutions - SFS360

SFS, the global leader in airline disruption management technology, announces groundbreaking enhancements to its flagship SaaS platform, SFS360. AMSTERDAM, NOORD HOLLAND, NETHERLANDS, November 20, 2024 /⁨EINPresswire.com⁩/ -- Stranded Flight …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on November 20, 2024 - 13:00 GMT

New Report Highlights Critical Link Between Staff Retention and Quality Care in Skilled Nursing Facilities

Skilled nursing facilities are facing a pressing crisis: escalating staff turnover is compromising care quality, patient satisfaction, and star ratings. ST PETERSBURG, FL, UNITED STATES, November 20, 2024 /⁨EINPresswire.com⁩/ -- The 2025 Skilled …

Distribution channels: Business & Economy, Education ...
Published on November 20, 2024 - 23:50 GMT

Markup Wrap Up: Committee Advances Legislation to Enhance Government Transparency, Ease Financial Burden on U.S. ...

WASHINGTON—The House Committee on Oversight and Accountability held a markup and passed a series of bills to make the federal government more efficient, effective, transparent, and accountable to the American people. “Today, the Oversight Committee put …

Distribution channels: U.S. Politics
Published on November 20, 2024 - 11:16 GMT

Dental Aesthetics in Turkey: Zirconium Crown and Teeth Whitening Trends

Dental Aesthetics in Turkey: Zirconium Crown and Teeth Whitening Trends ISTANBUL, BAKIRKOY, TURKEY, November 20, 2024 /⁨EINPresswire.com⁩/ -- Turkey has become a global hub for dental aesthetics. Modern dental treatments such as zirconium crowns …

Distribution channels: Beauty & Hair Care, Chemical Industry ...
Published on November 20, 2024 - 11:00 GMT

National Religious Broadcasters (NRB) will host its annual NRB International Christian Media Convention February 2025

National Religious Broadcasters (NRB) will host its annual NRB International Christian Media Convention in February 2025 WASHINGTON, DC, DC, UNITED STATES, November 20, 2024 /⁨EINPresswire.com⁩/ -- Troy A. Miller and the National Religious …

Distribution channels: Culture, Society & Lifestyle, Media, Advertising & PR ...
Published on November 20, 2024 - 10:26 GMT

ZEELOOL Shares Tips on How to Do with Old Glasses Frames

ZEELOOL has come up with four solutions to help individuals properly dispose of their old glasses frames. AUSTIN, TX, UNITED STATES, November 20, 2024 /⁨EINPresswire.com⁩/ -- ZEELOOL, a leading online eyewear retailer, is addressing the issue of …

Distribution channels: Automotive Industry, Beauty & Hair Care ...
Published on November 20, 2024 - 10:00 GMT

Nathan Tungseth, Senior Vice President for LNG at ABB Energy Industries, Joins Advisory Board of Argent LNG

METAIRIE, LA, UNITED STATES, November 20, 2024 /⁨EINPresswire.com⁩/ -- Argent LNG is proud to announce the appointment of Nathan Tungseth to its Advisory Board. As ABB's Senior Vice President and Global Industry Business Manager for LNG, Nathan …

Distribution channels: Business & Economy, Energy Industry ...
Published on November 20, 2024 - 07:42 GMT

Zeelool Introduces the Timeless Fashion Statement - Cat Eye Glasses

Zeelool has recently launched a new collection of cat eye glasses that are sure to make a statement in the fashion world. AUSTIN, TX, UNITED STATES, November 20, 2024 /⁨EINPresswire.com⁩/ -- Zeelool, a leading online glasses retailer, has recently …

Distribution channels: Beauty & Hair Care, Healthcare & Pharmaceuticals Industry ...
Published on November 20, 2024 - 17:58 GMT

RELEASE: DCCA DISCIPLINARY ACTIONS (Through October 2024)

STATE OF HAWAIʻI KA MOKU ʻĀINA O HAWAIʻI DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS KA ʻOIHANA PILI KĀLEPA OFFICE OF ADMINISTRATIVE HEARINGS JOSH GREEN, M.D. GOVERNOR KE KIAʻĀINA NADINE Y. ANDO DIRECTOR KA LUNA HOʻOKELE DENISE P. BALANAY SENIOR …

Distribution channels: U.S. Politics

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Op/Ed

Published on November 14, 2024 - 20:12 GMT

2024 Trump Victory Factors: How Money and Media Shaped the Election

For more than 30 years I developed strategies, produced media and managed political campaigns. I specialized in long odds races against entrenched incumbents and won a fair share of them. I’m no stranger to political upsets. But never in my personal …

Source: Op/Ed
Published on November 1, 2024 - 07:38 GMT

With Their Votes, Americans Will Not Reject Democracy

I expect Kamala Harris to win. I expect her campaign’s superior voter ID and get-out-the-vote efforts to result in a wider margin of victory than the polls indicate. It’s also likely that 2024 presidential poll modeling is overestimating the …

Source: Op/Ed

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