Amanda Tuckey

House Committee on Financial Services Announces December Schedule

The House Committee on Financial Services announced the following schedule for the month of December: Thursday, December 1 at 10 a.m. ET: The full Committee will convene for a hybrid...

CFPB News This Week

Biden Asks Supreme Court to Overturn Fifth Circuit’s CFPB Ruling The Biden Administration on Monday asked the U.S. Supreme Court to overturn an appeals court decision that found that the...

Congressional Hearings This Week

U.S. House of Representatives Committee on Financial Services Hearing: Oversight of Prudential Regulators: Ensuring the Safety, Soundness, Diversity, and Accountability of Depository Institutions Prudential regulation of insured depository institutions is...

Nov. 17, 2022: NCUA Board Meeting Summary

November 17, 2022 — There was one item on the NCUA Board meeting agenda, a briefing on the Quarterly Share Insurance Fund report. The fund’s equity ratio as of June...

FHFA Publishes New Uniform Appraisal Dataset (UAD) Aggregate Statistics Data File

Oct. 24, 2022 — The Federal Housing Finance Agency (FHFA) today published its new Uniform Appraisal Dataset (UAD) Aggregate Statistics Data File. FHFA also launched UAD Aggregate Statistics Dashboards on...

It’s Time for Compliance Department Professionals to Become Technologists

Compliance professionals within financial service firms are finding that they need to demonstrate their abilities with new technologies in order to meet regulatory requirements The expansion of governance, risk, and...

Recent Developments in Anti-Money Laundering Podcast

Please join Consumer Financial Services Partner Chris Willis and his colleague and fellow Partner Jordi de Llano as they discuss recent developments in anti-money laundering. In this episode, the attorneys...

Nearly 20% of Passwords are Compromised

Globally, over half of the passwords are reused, exposing personal and corporate data at risk. After analyzing hundreds of millions of anonymous data points, privacy firm Dashlane released a report...

Summary of October NCUA Board Meeting

Oct. 20, 2022 – The National Credit Union Administration Board held its ninth open meeting—and second in person—of 2022, and approved the agency’s Enterprise Risk Appetite Statement, which helps the agency...

Fed: The U.S. Dollar and Central Bank Digital Currencies

Governor Christopher J. Waller, at “Digital Currencies and National Security Tradeoffs,” a symposium presented by the Harvard National Security Journal, Cambridge, Massachusetts October 14, 2022 — As the payment system...

Agencies Announce Dollar Thresholds in Regulation Z and Regulation M for Exempt Consumer Credit and Lease Transactions

October 13, 2022 — The Federal Reserve Board and the Consumer Financial Protection Bureau today announced the dollar thresholds used to determine whether certain consumer credit and lease transactions in 2023...

Here’s Who’s Holding Credit Card Debt, And How Much

Oct. 12, 2022 — New data reveals that nearly half of Americans (46%) are in credit card debt, with the average debt being $6,093. The findings are based on a...