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News & Headlines

Fed Report Shows Durbin ‘Exempt’ Issuers Saw Debit Interchange Decline

Smaller debit card issuers continued to see a decline in debit interchange revenue, according to the Federal Reserve’s biennial survey of debit card issuers’ economics.

FDIC Proposes Tailoring ‘Living Will’ Requirements for Large Banks

The FDIC yesterday sought public feedback on potential changes to its resolution planning framework for financial companies’ bank subsidiaries with over $50 billion in assets.

Survey: Small Business Financing Demand Picks Up; Success Rates Hold Steady

Small businesses’ profitability and their success applying for financing held steady from 2017 to 2018, according to the latest Small Business Credit Survey released yesterday.

New FHFA Director Warns of Vulnerability in Housing Finance System

In his first remarks as director of the Federal Housing Finance Agency, Mark Calabria yesterday cautioned that “the foundations of our mortgage finance system remain vulnerable,” and highlighted the need for housing finance reform.