Browsing: nonbanks

Key insight: Banks have been lending to nondepository financial institutions at a rapid pace, but the Trump administration’s approach to regulation could change their incentives.Supporting data:…

Key insight: Gould argued the OCC can only ensure fair oversight by admitting qualified fintechs and crypto firms through national trust charters, saying regulation outside the…

The Consumer Financial Protection Bureau is proposing reducing supervision of all but the largest nonbanks in four key markets: auto financing, consumer credit reporting, debt collection…

WASHINGTON — New Jersey lawmakers have introduced a bill in the state that would create a state-level Community Reinvestment Act, one that would apply to more…

A Financial Stability Oversight Council meeting at the Treasury Department in 2022.Bloomberg News The Financial Stability Oversight Council’s approach to systemic risks posed by nonbanks is…