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Regulators want to slash credit card late fees to $8 from $32 average: Bankers say an $8 late fee on credit cards would be 'far below banks' actual costs ...
freep.com/story/money/personal-finance/susan-tompor/2024/03/05/credit-card-late-fees-reduced-8/72849039007/
Quick Glance: Biden Sets Cap on Credit Card Fees
- The Biden administration has decided to cap all credit card fees, estimated to save Americans up to $10 billion a year.
- The Consumer Financial Protection Bureau's new regulations aim to reduce the average credit card fee from $32 to $8.
- Biden's efforts could eliminate a total of $20 billion in annual junk fees, including capping overdraft fees at $3.
- The Biden administration's economic leadership approval stands at 34% among U.S. adults, reflecting potential impacts of these measures.
Bank Groups Sue US Regulators to Halt New Anti-Redlining Rules: Several industry groups sued US regulators to block recent overhauls to the Community ...
bloomberg.com/news/articles/2024-02-05/bank-groups-sue-us-regulators-to-halt-new-anti-redlining-rules
Paid articlePaid
Banks slam Biden administration plan to cap overdraft fees: Bank trade groups slammed the Biden administration’s latest proposal to limit overdraft fees ...
thehill.com/business/4414191-banks-slam-biden-administration-plan-to-cap-overdraft-fees/
Senator reveals the American Bankers Assoc. ‘helped craft’ new anti-crypto bill: U.S. Senator Roger Marshall said he and Senator Warren contacted the American ...
cointelegraph.com/news/anti-crypto-bill-elizabeth-warren-american-bankers-association
Quick Glance: Bitcoin Traders Forecast $48K BTC Price Before ETF Event
- Data from Cointelegraph Markets Pro and TradingView confirmed that Bitcoin trading is going beyond its previous one-week range.
- Stockmoney Lizards and many others have focused on the upcoming decision on the first Bitcoin spot price exchange-traded fund (ETF) in the US, due by Jan. 10.
- The announcement itself could turn out to be a 'buy the rumor, sell the news' event, according to the analysis.
- A drop below $40k could liquidate some leveraged long positions and lead to a retracement towards $38k, Stockmoney Lizards concluded.
CertiK urges OKX users to update iOS following ‘critical’ vulnerability: Blockchain security firm CertiK and crypto exchange OKX have prompted all OKX users on ...
cointelegraph.com/news/crypto-wallet-okx-users-update-iphone-app-vulnerability
Fed's Bowman says US policy rate may need to rise further: Federal Reserve Governor Michelle Bowman on Wednesday repeated her view that despite "some progress" ...
reuters.com/markets/rates-bonds/feds-bowman-says-us-policy-rate-may-need-rise-further-2023-10-11/
US Fed's top bank cop defends effort to hike bank capital: The U.S. Federal Reserve's top regulatory official defended a sweeping proposal to overhaul bank ...
reuters.com/business/finance/us-feds-top-bank-cop-discuss-sweeping-capital-rules-2023-10-09/
Fed's Bowman says it will likely be appropriate to raise rates again: Federal Reserve Governor Michelle Bowman on Saturday repeated her view that inflation ...
reuters.com/markets/rates-bonds/feds-bowman-says-it-will-likely-be-appropriate-raise-rates-again-2023-10-07/
Federal Reserve vice chair of supervision Michael Barr pushed back against recent claims that a new US proposal requiring banks to bolster their capital ... Show more yhoo.it/3QbZwar
New US Bank Capital Rules Violate Law, Sifma, American Bankers Association Say: A half-dozen trade groups representing Wall Street firms are telling US ...
bloomberg.com/news/articles/2023-09-12/wall-street-asks-fed-to-please-take-back-us-bank-capital-rules
Texas judge partially blocks small business loan rule: A Texas judge on Monday ruled that many U.S. lenders need not comply with a Consumer Financial Protection ...
reuters.com/legal/texas-judge-partially-blocks-small-business-loan-rule-2023-07-31/
The American Bankers Association urged federal regulators to investigate a spate of significant short sales of publicly traded banking equities that it said ... Show more reut.rs/3LDk0W8
U.S. bankers urge SEC to probe short sales, reduce 'abusive' trading: The American Bankers Association on Thursday urged federal regulators to investigate a ...
reuters.com/markets/us/us-bankers-urge-sec-probe-short-sales-reduce-abusive-trading-2023-05-05/
U.S. bankers urge SEC to probe short sales, reduce 'abusive' trading: The American Bankers Association on Thursday urged federal regulators to investigate a ...
reuters.com/markets/us/us-bankers-urge-sec-probe-short-sales-reduce-abusive-trading-2023-05-05/
US banking crisis: Now the short sellers are being targeted: The state should put a stop to short sellers, the bank lobby demands. On the other hand ...
faz.net/aktuell/finanzen/us-bankenkrise-jetzt-kommen-die-leerverkaeufer-ins-visier-18875726.html
Paid articlePaid
WATCH LIVE: Treasury Secretary Janet Yellen delivers remarks promising further support for banks
pbs.org/newshour/economy/watch-live-treasury-secretary-janet-yellen-delivers-remarks-promising-further-support-for-banks
Yellen vows to safeguard deposits at smaller U.S. banks, intervene if needed: U.S. Treasury Secretary Janet Yellen told bankers on Tuesday that she is prepared ...
reuters.com/markets/us/treasurys-yellen-says-committed-protecting-bank-deposits-more-actions-may-be-2023-03-21/
Bankers Applaud as GOP Senator Dismisses Calls for Regulations After SVB Collapse
commondreams.org/news/bankers-applaud-republican-regulations
Regional Banks and Regulators Try to Soothe Depositors’ Fears: While some executives said money wasn’t being pulled from their small and midsize banks ...
nytimes.com/2023/03/21/business/regional-banks-depositors-fears.html
Proposed rule would render US company registry ‘effectively useless,’ bankers warn - ICIJ
icij.org/investigations/fincen-files/proposed-rule-would-render-us-company-registry-effectively-useless-bankers-warn/
The Federal Reserve will need to continue to raise interest rates in order to get them to a level high enough to bring inflation back down to the central ... Show more https://yhoo.it/3HYGpeI
Op-ed: FTX crash shows cryptocurrency market needs bank-like regulation
cnbc.com/2022/12/05/op-ed-ftx-crash-shows-cryptocurrency-market-needs-bank-like-regulation.html
Fed's Bowman: more 75 basis-point hikes should be on the table: The U.S. Federal Reserve should consider more 75 basis-point interest rate hikes at coming ...
reuters.com/markets/us/feds-bowman-more-75-basis-point-hikes-should-be-table-2022-08-06/
Why Alabama’s medical marijuana industry might be cash-only: Banks have generally steered clear of providing services to cannabis companies in other states.
al.com/news/2022/08/why-alabamas-medical-marijuana-industry-might-be-cash-only.html
Paid articlePaid Fed's Bowman calls for steep rate hikes to fight inflation: Federal Reserve Governor Michelle Bowman on Thursday called for a more aggressive path of rate hikes ...
reuters.com/markets/us/feds-bowman-wants-75-bps-hike-july-at-least-50s-after-that-2022-06-23/
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