JD Supra

FDIC Removes Disparate Impact Theory from Compliance Exam Manual

Before the Labor Day holiday weekend, the Federal Deposit Insurance Corporation (FDIC) updated the fair lending and unfair, deceptive act or practices (UDAP) chapters of its Consumer Compliance ...
Forbes

What Early Data Shows About Tariffs’ Impact On The Economy

WASHINGTON, DC - APRIL 02: U.S. President Donald Trump holds up a chart of "reciprocal tariffs" while speaking during a “Make America Wealthy Again” trade announcement event in the Rose Garden at the ...
Hosted on MSN

FDIC and Fed looks at big change at banks like JPMorgan to free up more assets

This week, the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) are discussing a key proposal that could reshape the landscape for major U.S. banks. At the center of the debate is ...
JD Supra

FDIC Updates Consumer Compliance Examination Manual to Eliminate Disparate Impact Analysis in Response to President Trump’s Executive Order

On August 29, the Federal Deposit Insurance Corporation (FDIC) announced updates to its Consumer Compliance Examination Manual, marking a pivotal shift in how potential discrimination under the Equal ...
American Banker

FDIC rescinds Biden-era merger policy, slew of pending rules

The board of the Federal Deposit Insurance Corp. Monday voted to issue a proposed rule to supersede a Biden-era statement of policy applying heightened scrutiny on bank mergers and withdrew several ...