CFPB Treads Gingerly on Mortgage-Disclosure Exceptions
In a notice emphasizing the CFPB’s distaste for allowing regulatory exceptions, the Bureau asks for comment on an application for one to which it seems a bit more sympathetic.
FDIC Sees Sunny Side of Bank Earnings Data
In its review of banking-industry fourth-quarter results, the FDIC today notes a sharp increase in the gap between bank loan yield and deposit interest costs.
Basel Forecasts End-Game Capital Shortfalls
The Basel Committee today issued its latest monitoring report, finding that large global banks saw capital decreases to pre-pandemic levels even as liquidity ratios continued to improve.
Bipartisan China Bills Fly Through HFSC Markup
As anticipated, HFSC today reported five bills to censure China and protect Taiwan, along with bills addressing drug-trafficking financing, biomedical security and bank service company examinations.
Democrats Stand Firm versus Privacy Preemption
Following an orderly and bipartisan start to today’s HFSC markup, Democrats and Republicans today came to verbal blows over the Chairman’s data privacy bill.