NCUA

Three federal financial regulatory agencies issued joint guidance on July 13, addressing lenders’ credit risk management obligations when extending credit to borrowers who lack authorization to work in the United States. Read on »

The National Credit Union Administration’s proposal to modernize the rules governing mergers of federally insured credit unions was met with mixed reviews from banks and credit unions. Read on »

The House Financial Services Committee held its annual hearing to evaluate the actions of the four federal prudential regulators of the U.S. financial system. The discussion focused primarily on the agencies’ work to “right-size” financial regulations while still promoting innovation. Read on »

The Financial Crimes Enforcement Network, federal banking agencies and the Consumer Financial Protection Bureau issued advisories for financial services providers related to immigration. These were issued in response to President Donald Trump’s executive order on the matter. Read on »

The U.S. District Court for the Northern District of Illinois issued an injunction on June 1, preventing Illinois from enforcing a law prohibiting financial institutions – including national banks and federal credit unions – from charging credit or debit card fees on the sales tax and gratuity portions of a transaction. Read on »

The Federal Financial Institutions Examination Council has invited public comments on proposed revisions to the uniform financial institutions rating system, used to rate an institution’s safety and soundness. Read on »

The financial services industry welcomed the introduction of four bills aimed at reforming the federal deposit insurance framework. One of the legislative proposals has strong bipartisan support. Read on »

President Donald Trump signed two executive orders on March 13 aimed at spurring regulatory policy changes to increase mortgage credit access and affordable housing construction. Dodd Frank Update turned to Garris Horn LLP Co-Managing Partner Rich Horn for expert analysis. Read on »

Federal financial agencies initiated several efforts to get stakeholder feedback on rulemaking proposals concerning bank supervision, the implementation of a federal framework for stablecoins and to eliminate obsolete regulations in February. Learn about these proposals and how to make your voice heard in this roundup. Read on »

The National Credit Union Administration promised to continue its policy of “no regulation by enforcement” in a letter describing its “2026 Supervisory Priorities,” including details about the agency’s risk-based approach to examining credit union lending practices. Read on »