Satoshi Nakamoto Blog

Category : Policymaking

CFPB Community banks Election 2020 facial recognition failures Finance and investment-related court cases fintech m&a marketplace lending Policymaking

PNC gets sued, LendingClub buys bank, regulators spar: Top stories of the week

satoshi
Tech firm accuses PNC of stealing trade secrets; online lender LendingClub agrees to acquire Radius Bank; questions arise whether regulators are turning more partisan; and...
Deposit insurance Federal Reserve Monetary policy Pat Toomey Policymaking Senate Banking Committee

Trump nominee for Fed seat gets cold shoulder from senators

satoshi
WASHINGTON — Senators from both parties expressed significant concerns about one of two pending nominees for the Federal Reserve Board, raising doubts about her confirmation....
ACH Faster Payments Federal Reserve Payments Policymaking real-time payments The Clearing House Association

‘We want to take the time to get it right’ — Fed’s Montgomery on FedNow

satoshi
Ken Montgomery, who is heading up the Federal Reserve’s faster payments network, says the agency is taking an incremental approach to launching the service. Read...
compensation Diversity and equality Gender discrimination House Financial Services Committee Maxine Waters Policymaking

House lawmakers at odds over requiring banks to report diversity data

satoshi
WASHINGTON — A House Financial Services Committee report on the diversity efforts at banks with over $50 billion of assets has sparked a dispute between...
Affordable housing CFPB Consumer Banking data privacy financial inclusion Fintech regulations Policymaking Savings accounts Student loan debt

6 statehouse issues on bankers’ radar

satoshi
With a presidential election looming and trade issues top of mind, bankers could almost forget that a new year also means a host of local...
Career moves Elizabeth Warren Federal Reserve Gold Monetary policy Policymaking Senate Banking Committee Trump administration

Warren asks Fed nominee to clarify policy stances

satoshi
WASHINGTON — Sen. Elizabeth Warren, D-Mass., took aim at the policy views held by White House economic adviser Judy Shelton, asking the Federal Reserve Board...
Commercial lending Community banking Export-Import Bank GSIBs PNC Financial Services Group Policymaking Regional banks Trade agreements Trump administration Wells Fargo

Banks hope Ex-Im revival is shot in the arm commercial lending needs

satoshi
Banks, seeking any possible spark to commercial loan growth, got one a month ago when Congress settled a yearslong battle over the Export-Import Bank. The...
Donald Trump Federal Reserve interest rates Monetary policy Policymaking Trump administration Women in Banking

Trump plans to nominate Shelton, Waller to Fed board

satoshi
President Donald Trump plans to nominate Judy Shelton and Christopher Waller to join the Federal Reserve, the White House said. The president, who has publicly...
64966M City of New York Commercial lending Community banking House Financial Services Committee Medallion loans NCUA NPL ny Policymaking Tax implications

Bill would aid New York cabbies who can’t make loan payments

satoshi
In a move meant to help New York City taxi drivers struggling to pay their medallion loans, members of the local congressional delegation have introduced...