Changes to Fed Reporting Requirements Augurs Shift in M&A Policy
The Federal Reserve has proposed two changes to reporting requirements related to merger-and-acquisition transactions.
Basel Rewrites Global CCR Standards
As anticipated, the Basel Committee today issued proposed counterparty credit risk (CCR) standards.
CFPB Price Complexity Study May Presage Action on Credit Cards, Mortgages, Savings Accounts
The CFPB today issued a report finding that increasing price complexity leads to higher transaction and total costs and increased consumer errors, with this not offset by increased competition.
House Oversight Subcommittee Considers CRE Risk
Today’s House Oversight Health Care and Financial Services Subcommittee hearing on commercial real estate focused on preventing systemic risk. Chair McClain (R-MI) argued that the CRE market is generally strong, encouraging Congress and the Fed to eliminate red tape.