Browsing: oversight

Key insight: The Senate Banking Committee hasn’t had an oversight hearing of prudential banking regulators since May 2024. What’s at stake: The lack of oversight comes as…

Scott Bessent Photographer: Al Drago/Bloomberg The Financial Stability Oversight Council’s take on its guiding principles is shifting, according to statements by Treasury Secretary Scott Bessent on…

Key Insight: The Consumer Financial Protection Bureau’s proposal comes as auto loan delinquencies are hitting their highest levels in decades. What’s at Stake: Banks object to reduced…

The Office of the Comptroller of the Currency is rolling back disparate impact supervision for banks, it announced Monday.As such, the federal agency’s supervisory process for…

The OCC’s decision to remove reputational risk from banks supervision plans means that one of examiners’ most effective tools has been stripped away, writes Brett Erickson,…

2ndLookGraphics/Getty Images New York State has established a licensing and oversight framework for the buy now/pay later industry with new legislation included in its 2026 budget,…

Todd Harper (far right)Al Drago/Bloomberg WASHINGTON — President Donald Trump has fired the two Democratic members of the credit union regulator, essentially grounding oversight of one…

House Financial Services Committee ranking member Rep. Maxine Waters, D-Calif.Bloomberg News  WASHINGTON — House Financial Services Committee ranking member Rep. Maxine Waters, D-Calif., sent a letter…

In a lawsuit filed Friday, Google said that the Consumer Financial Protection Bureau, which placed the company’s payments arm under supervision earlier in the day, had…

Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Consumer Financial Protection Bureau’s Semi-Annual Report to…