BasisPointInsight.com - The Hidden Risks of Simplifying US Bank Supervision by Amit Seru he Federal Reserve has recently begun to overhaul its approach to bank oversight, raising the bar for enforcement and leaning more heavily on data-driven tools. These changes could impede regulators’ ...

1/2 The Federal Reserve has recently begun to overhaul its approach to bank oversight, raising the bar for enforcement and leaning more heavily on data-driven tools, writes Amit Seru for Project Syndicate.

#BankRegulation #FinancialStability #USBanking

The Epstein Files Reveal What Trump Knew — The New Yorker A newly released F.B.I. report shows that Donald Trump contacted the police about Epstein’s crimes as early as 2006. The Miami Herald reporter Julie K. Brown discusses the revelations.

Not just Trump. It reveals how the compromised and #whiteprivilege -controlled American #lawenforcement, #bankregulation and
#JustISsystem did NOTHING for decades.

#AmericanMisceptionalism 💀🇺🇸💀

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House Financial Services Chairman French Hill previews Treasury testimony, backs Kevin Warsh and calls Powell probe a "distraction" Chairman French Hill said Treasury Secretary Scott Bessette will testify before the House Financial Services Committee and urged regulatory "tailoring" to free community banks and boost housing supply; he defended Fed Chair Jay Powell against perjury claims while endorsing Kevin Warsh's qualifications for the Fed.

Chairman French Hill is pushing for tailored bank regulations that could unleash capital for community banks and increase housing supply—could this be the key to solving our housing crisis?

Click to read more!

#US #CommunityBanking #CitizenPortal #BankRegulation

At times, that meant bending to meet his demands in areas like #ClimateChange & #BankRegulation. But #JeromePowell, the #FederalReserve chair, drew the line when it came to protecting the central bank’s #autonomy to set #InterestRates.

A criminal “investigation” into whether Powell lied to […]

Looks like UBS's lobbying is paying off... #UBS #bankregulation

Nepal Rastra Bank takes action against two development banks Nepal Rastra Bank (NRB) has taken regulatory action against two development banks for violating banking rules. Lumbini Development Bank received a warning,

Two banks under NRB watch—warnings, rules, and reforms in motion. #NEPSE #AllStocksInfo #NepalBanking #FinanceNepal #BankRegulation #InvestmentNews #BankingUpdate
allstocksinfo.com/nepal-rastra...

a drawing of a stick figure with the words do not dwell on petty detail below it Alt: CFPB

Recent changes to the CFPB and consumer protection policies threaten to weaken safeguards on overdraft & banking fees. The rules that protect your wallet are under pressure.

#tapos #taposkumar #financeideas #ConsumerRights #USFinance #BankRegulation

Mexican regulator takes over running of banks hit by US fentanyl sanctions By Noe Torres and Kylie Madry MEXICO CITY (Reuters) -Mexico’s banking regulator will temporarily step in to replace the administration of two banks sanctioned by the U.S. for alleged involvement in money laundering linked to organized crime, it said on Thursday. The nation’s banking and securities commission said it will intervene in the operations of CIBanco and Intercam Banco to protect the banks’ creditors and depositors. The move comes a day after the U.S. Treasury prohibited certain transactions with the banks, as well as brokerage firm Vector Casa de Bolsa, under new fentanyl sanctions. All three firms deny the allegations. The sanctions effectively cut the institutions off from the U.S. financial system and could have a significant impact on Mexican banking, given the interconnectedness between lenders and close trade ties with the U.S., experts said. CIBanco in a statement said it will collaborate with U.S. and Mexican regulators and that clients’ deposits were protected under local law. Intercam Banco did not immediately respond to requests for comment. Mexico has so far rebuffed the allegations from the U.S., saying the Treasury has not provided Mexico with proof to back up their declaring these institutions "as primary money laundering concerns." "There is no evidence," Mexican President Claudia Sheinbaum told reporters earlier on Thursday. "We will collaborate and coordinate (with U.S. authorities), but we will not bend to them." Mexican authorities, as well as the nation’s banking association, have said that the blow to the firms would not have a contagion effect on the broader financial system, which remained resilient. Vector’s CEO, Edgardo Cantu, told Reuters on Thursday that the institution had not been subpoenaed by U.S. authorities and that it was "fully prepared to provide the information needed to clarify these allegations." With CIBH making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed CIBH alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including CIBH, could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is CIBH poised for similar growth? Don't miss the opportunity to find out.

Click Subscribe. #Mexico #Fentanyl #BankRegulation #Sanctions #Economy

Federal Reserve chair Powell warns against political climate policies during congressional hearing Powell emphasizes Fed's independence from political agendas, focuses on financial stability.

Federal Reserve Chair Jerome Powell warns against straying into political climate policies, stressing the need for the Fed to maintain its independence amidst rising economic challenges.

Read the full story

#US #CitizenPortal #BankRegulation #ClimatePolicy #FinancialStability #USEconomy

Voters are sick of the ping pong game with #bankregulation.

Fix it once and for all so we don't have to go thru this corruption for decades more. Why can't/won't Dems in Congress fix this when the have the ability to do so? Isn't that why we voted blue... multiple times?

Click Subscribe. #USBanking #CapitalRequirements #FinancialNews #BankRegulation #Investing

Bessent says US Treasury to take stronger role in bank regulation, easing undue burdens © Reuters. FILE PHOTO: The United States Secretary of the Treasury Scott Bessent walks near the White House in Washington, D.C., U.S., March 14, 2025. REUTERS/Nathan Howard/File Photo By David Lawder and Pete Schroeder WASHINGTON (Reuters) - U.S. Treasury Secretary Scott Bessent said on Wednesday his department will play a greater role in banking regulation to better balance costs and benefits and ensure that lenders can finance growth in the U.S. economy. In prepared remarks to an American Bankers Association conference, Bessent called for "commonsense principles" in banking regulations to ease burdens, especially for community banks that have had to deal with rules tailored for larger institutions. Bessent said Treasury’s stronger involvement in crafting bank regulation would be achieved through the Financial Stability Oversight Council, which meets regularly and includes the heads of the Federal Reserve and other bank regulators. He also said he would use the President’s Working Group on Capital Markets, a smaller committee that studies financial trends and has sometimes met during financial crises. Treasury engagement with individual regulators, such as the Office of the Comptroller of the Currency or the Federal Deposit Insurance Corporation, is another tool for this. In the past, bank regulators have exercised vast powers on almost every aspect of daily life - but without meaningful accountability to the American people," Bessent said. "Most glaringly, regulation through supervision has too often taken place behind a veil of secrecy that precludes scrutiny by the public and their elected officials." Bessent’s remarks were short on specific proposed changes to banking regulations or capital requirements, but he said that the Trump administration would look at the capital buffer framework for large banks to ensure that it’s consistent with law and acts as an appropriate backstop. He said that his principles for regulation should derive from a clear statutory mandate, including safety and soundness, mitigating risk and consumer protection. "Second regulation should be efficient. That means regulations should strike an appropriate balance between costs and benefits," Bessent said, adding that regulators themselves needed efficiency in their budget and staffing. MORE TAILORED REGULATION Bessent said that regulation should be fair and applied evenly across entities. "The Treasury Department intends to drive a change in the culture of supervision through improvements to examination procedures, enhanced monitoring of examiners’ compliance with those procedures, and more realistic processes for appealing supervisory findings," Bessent said. "Perhaps the most consequential step would be to define ’unsafe and unsound’ by rule using more objective measures rooted in financial risk." He said he would be particularly focused on a more tailored regulation of community banks that have struggled with "undue compliance burdens" that require heavy investments in technology. "For the last four decades, Wall Street has grown wealthier than ever before. And it can continue to grow and do well," Bessent said. But for the next four years, it’s Main Street’s turn" to drive investment. Bessent also criticized the Basel Committee’s Endgame standards, saying that in his opinion, this was not the right starting point for U.S. regulatory modernization. "We need to take a different approach. We should not outsource decision making for the United States to international bodies," he said, adding that the U.S. should conduct an analysis tailored to its interests, and the U.S. can "borrow selectively from the Basel Endgame standards. Bessent’s prepared remarks made no mention of President Donald Trump’s tariffs on global trading partners or their impact on financial markets. 0 Latest comments

Click Subscribe. #USTreasury #BankRegulation #FinanceNews #EconomicPolicy #FinancialStability

Fed, OCC, FDIC seek to rescind CRA final rule Federal banking regulators pointed to pending litigation as the reason for pulling back the 2023 rule.

Regulators are scrapping the 2023 CRA rule and returning to the 1995 version—again. Modernization of bank obligations in the digital era? Maybe we’ll see another attempt once permanent agency heads are in place.

www.bankingdive.com/news/fed-occ...

#CRA #BankRegulation #Fintech

The Rachel Maddow Show 3/18/25 | 🅼🆂🅽🅱️🅲 Breaking News March 18, 2025 YouTube video by El Emeklerim42

DT is going after Federal Deposit Insurance! FDIC? Are you serious?
Our bank accounts aren’t going to be insured. We are confronted with a perilous and deeply unsettling threat. Watch for about six minutes or seven minutes and you’ll see…this is insane. #BankRegulation.

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US President Trump Nominates Michelle Bowman as Fed Vice Chair for Supervision - #WorldEye

youtu.be/MTypeOa8Ork
#MichelleBowman #FederalReserve #TrumpNominee #BankRegulation #FedSupervision

🔥 CFPB nominee Jonathan McKernan under fire.

💬 Sen. Warren: “The No. 1 horse at the glue factory.”
🚢 Sen. Reed: “A passenger on the Titanic.”
🛑 Vought kills enforcement suits mid-hearing.

Does the CFPB have a future in 2025?
#CFPB #ConsumerProtection #BankRegulation

The White House wants agencies to cut costs:

📉 Hiring freezes & attrition first
📋 Efficiency plans due by April 14
🔄 Consolidate/eliminate non-mandated functions

🔎 Regulatory consolidation: Good governance or a risk to the dual banking system?

#BankRegulation #Banking

Travis Hill, Acting Chairman of the FDIC, wasted no time in shaping the agency’s direction. Priorities include revising merger guidance, encouraging new bank formations, and adopting a pro-innovation stance. What else should be on the agenda? #FDIC #BankRegulation #BankInnovation