Federal Deposit Insurance Corp.
Coverage of Federal Deposit Insurance Corp. in the Nexus archive.
- Regulators propose overhaul to law governing how banks lend to low-and-middle income communities
The Trump Administration proposes revising the Community Reinvestment Act (CRA) to reduce the number of banks required to comply, adjust asset thresholds for small and intermediate banks, and limit how banks allocate funds to community development groups. The changes aim to prioritize local lending over branch expansion and deposits but face criticism for potentially discouraging grants to national organizations and rural communities.
- Regulators propose overhaul to law governing how banks lend to low-and-middle income communities
The Trump Administration proposes overhauling the Community Reinvestment Act (CRA) to reduce the number of banks required to comply, redefining small banks to exclude those with under $1 billion in assets. The changes prioritize lending in specific communities over branch or deposit metrics and restrict donations to community groups, potentially impacting organizations like the National Community Reinvestment Coalition.
- Regulators propose overhaul to law governing how banks lend to low-and-middle income communities
The Trump Administration proposes changes to the Community Reinvestment Act (CRA), reducing the number of banks required to comply and adjusting how community grants are evaluated. The new rules would increase the asset threshold for small banks and prioritize local over national grant recipients, potentially impacting organizations like the National Community Reinvestment Coalition.
- Regulators issue new guidance on bank lending risk tied to borrowers living illegally in US
Regulators issue guidance to remind banks of their obligations to assess credit risk for borrowers unauthorized to work in the U.S., part of broader Trump administration efforts to limit access to the financial system by individuals living illegally in the country. The guidance highlights risks such as deportation affecting loan repayment and aligns with an executive order requiring banks to scrutinize customer citizenship.
- Regulators issue new guidance on bank lending risk tied to borrowers living illegally in US
The Trump administration is implementing measures to restrict access to the U.S. financial system by individuals living illegally in the country, with regulators issuing guidance to banks about assessing credit risks from unauthorized borrowers. Financial institutions are urged to consider deportation risks when evaluating loan repayments, following an executive order in May requiring closer scrutiny of customer citizenship.
- Regulators issue new guidance on bank lending risk tied to borrowers living illegally in US
The Trump administration, through three major bank regulators, is issuing new guidance to address credit risk from borrowers in the U.S. illegally. The guidance emphasizes banks' obligations to assess repayment capacity and monitor risks tied to unauthorized borrowers, aligning with an executive order from May 2017 requiring stricter scrutiny of customer citizenship.
- 7 Best Money Market Funds to Buy for 2026
The article discusses money market funds as safe investments with stable net asset values, referencing their role during the 2008 financial crisis and subsequent regulatory reforms. It highlights seven top funds for 2026, emphasizing differences in yields, expense ratios, and types (government, prime, municipal).
- US government watchdog urges FDIC coordinate on crypto oversight
The US Government Accountability Office (GAO) has urged the Federal Deposit Insurance Corporation (FDIC) and other regulators to establish a coordination mechanism for addressing blockchain risks, as they currently lack such a system.
- Major US Banks Face Federal Probe Over Debanking Allegations
The Federal Deposit Insurance Corp., the Office of the Comptroller of the Currency, and the Federal Housing Finance Agency are taking steps to impose a Dodd-Frank Act rule requiring banks to claw back executive pay for excessive risk-taking. The action addresses allegations of debanking against major US banks.
- US Lenders Posted Winning First Quarter, FDIC Says
US lenders reported strong first-quarter performance, according to the FDIC. The FDIC, along with the Office of the Comptroller of the Currency and the Federal Housing Finance Agency, announced initial steps toward implementing a Dodd-Frank Act rule requiring banks to claw back executive pay for excessive risk-taking.
- Crypto lobby backs formal removal of ‘reputation risk’ from bank examinations
The crypto industry lobby is advocating for the formal removal of 'reputation risk' from bank examinations, following a similar rule finalized by the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. earlier this month.
- Fed, FDIC Finalize Changes Easing Community Bank Leverage Ratio
The Federal Reserve and FDIC have finalized changes to ease the Community Bank Leverage Ratio, aiming to simplify regulatory requirements for smaller banks. The update is expected to provide more flexibility for community banks while maintaining safety and soundness standards.