Oct 25, 2023 | Banking News
Strengthening CRA and Managing Climate-Related Financial Risks: US Acting Comptroller Speaks at FDIC Board Meeting Acting Comptroller of the Currency Michael J. Hsu supports rulemakings on the Community Reinvestment Act (CRA) and climate-related financial risk...
Oct 24, 2023 | Banking News
Acting Comptroller Issues Statements at FDIC Board Meeting on CRA and Climate-Related Financial Risk Management The Acting Comptroller of the Currency, Michael J. Hsu, expressed his support for two critical rulemakings during the Federal Deposit Insurance Corporation...
Oct 24, 2023 | Banking News
FDIC Board of Directors Meeting: Overview and Key Discussions The Federal Deposit Insurance Corporation’s (FDIC) Board of Directors recently held a meeting to discuss several important agenda items. Among the topics covered were the Final Rule on Community...
Oct 24, 2023 | Banking News
FDIC to Ease Banking Hiring Requirements for People with Criminal Backgrounds The Fair Hiring in Banking Act, a law implemented in 2022, has paved the way for job seekers with criminal histories to have improved opportunities in the banking industry. The Federal...
Oct 24, 2023 | Banking News
Statement of CFPB Director Rohit Chopra, Member, FDIC Board of Directors, on the Final Rule Implementing the Community Reinvestment Act The Importance of the Final Rule The final rule recently announced by the Consumer Financial Protection Bureau (CFPB) Director Rohit...
Oct 24, 2023 | Banking News
Statement of CFPB Director Rohit Chopra, Member, FDIC Board of Directors, on the Final Guidance Regarding Climate-related Risks Private industry and governments around the world are preparing for how climate change will erode, degrade, or otherwise threaten our...
