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News & Headlines

National Taxpayers Union Calls on Lawmakers to Revisit CU Tax Exemption

Congress should focus its attention in 2020 on the tax treatment of large, bank-like credit unions and reconsider the merit of the tax exemption these entities enjoy, according to a new issue brief published by the National Taxpayers Union yesterday.

Clearer Criteria Needed for Regulatory Cost-Benefit Analyses

The FDIC “does not currently have a consistent process in place” for conducting cost-benefit analyses to determine the effects of regulations, nor does it have established criteria for which rules are “significant” enough to warrant such an analysis.

FFIEC Issues 2020 Guide to HMDA Reporting

The Federal Financial Institutions Examination Council’s 2020 Guide to HMDA Reporting is now available for download.

Fed's Powell: Financial System 'Generally in Good Place'

Federal Reserve Chairman Jerome Powell told House lawmakers yesterday that the U.S. financial system is “strong, and has been materially strengthened since the financial crisis.”

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