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The Office of the Comptroller of the Currency ( OCC) is an independent bureau within the United States Department of the Treasury that was established by the National Currency Act of 1863 and serves to charter, regulate, and supervise all national banks and thrift institutions and the federally licensed branches and agencies of foreign banks in ...
Douglas Gillison. May 16, 2024 at 9:41 AM. By Douglas Gillison. (Reuters) - U.S. Federal Deposit Insurance Corporation Chair Martin Gruenberg on Thursday faced a second day of grilling before ...
Martin Gruenberg, the Chairman of the Federal Deposit Insurance Corporation is facing a barrage of calls from lawmakers to resign after a scathing 234-page report released Tuesday detailed ...
The U.S. Supreme Court on Thursday upheld the Consumer Financial Protection Bureau's funding mechanism in a challenge brought by the payday loan industry, handing a victory to President Joe Biden ...
The Financial Institutions Reform, Recovery, and Enforcement Act of 1989 ( FIRREA ), is a United States federal law enacted in the wake of the savings and loan crisis of the 1980s. It established the Resolution Trust Corporation to close hundreds of insolvent thrifts and provided funds to pay out insurance to their depositors.
The Financial Stability Oversight Council ( FSOC) is a United States federal government organization, established by Title I of the Dodd–Frank Wall Street Reform and Consumer Protection Act, which was signed into law by President Barack Obama on July 21, 2010. [1] The Office of Financial Research is intended to provide support to the council.
The Federal Financial Institutions Examination Council ( FFIEC) is a formal U.S. government interagency body composed of five banking regulators that is "empowered to prescribe uniform principles, standards, and report forms to promote uniformity in the supervision of financial institutions". [2] It also oversees real estate appraisal in the ...
Treasury Secretary Janet Yellen said on Tuesday that the United States is in talks with other countries to carve out an allowance for the U.S. research and development tax credit as part of the 15 ...