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  Capital One assessed $390M in penalties by FinCENTuesday, January 19, 2021 The Financial Crimes Enforcement Network has assessed Capital One $390 million in civil money penalties for violating the Bank Secrecy Act both willfully and negligently. For more details on the violations, read on. |
 Biden nominates new CFPB directorTuesday, January 19, 2021 President-elect Joe Biden has nominated Rohit Chopra to be the next director of the Consumer Financial Protection Bureau (CFPB). Read on for industry reactions to the news. |
 OCC’s acting head steps downTuesday, January 19, 2021 The Office of the Comptroller of the Currency announced its acting Comptroller Brian Brooks has stepped down. Chief Operating Officer Blake Paulson will replace him. Read on for more details. |
COVID-19 relief provisions extendedTuesday, January 19, 2021 The Federal Housing Finance Agency announced extensions to the Enterprises’ COVID-19 relief provisions. Read on for more details.
 Federally chartered banks may participate in INVNs, stablecoinsWednesday, January 13, 2021 The Office of the Comptroller of the Currency has issued a letter stating national banks and federal savings associations may participate in independent node verification networks and use stablecoins. Read on for more details.
Some PPP loan recipients on Treasury’s ‘do not pay’ listWednesday, January 13, 2021 In a management alert issued to the U.S. Small Business Administration, the Office of Inspector General reported improper payments to lenders for potentially ineligible recipients under the Paycheck Protection Program. For more details from the alert, read on.
 Mid America Mortgage promotes new COOWednesday, January 13, 2021 Mid America Mortgage, Inc. recently promoted Jemma Pachiano, its former national support and training director, to chief operating officer. Read on for more details.
ICBA selects StreetShares as preferred service provider Wednesday, January 13, 2021 The Independent Community Bankers of America announced StreetShares, a fintech company that provides technology specializing in small business underwriting and business lending solutions, as its newest preferred service provider. Read on for details.
FDIC announces three in new positionsWednesday, January 13, 2021 The Federal Deposit Insurance Corp. has announced three individuals in new positions in its division of risk management supervision and division of depositor and consumer protection. Read on for more details.
NCUA addresses underserved area expansionsWednesday, January 13, 2021 In a letter to boards of directors and CEOs, Rodney Hood, chair of the National Credit Union Association, encouraged credit unions to expand their services. Read on for more details.
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