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News & Headlines

House Votes to Overturn CFPB's Arbitration Rule

House lawmakers yesterday voted to overturn the Consumer Financial Protection Bureau’s controversial final arbitration rule by a vote of 231 to 190, exercising their authority under the Congressional Review Act.

Task Force Report Points to Real-Time Payments by 2020

The Federal Reserve’s Faster Payments Task Force on Friday formally released its long-awaited recommendations for accelerating real-time payments in the United States with a goal of real-time payment ubiquity by 2020.

Regulators Issue Proposal to Increase Mandatory CRE Appraisal Thresholds

The federal regulatory agencies issued a proposal to increase the threshold for required appraisals for commercial real estate transactions from $250,000 to $400,000 following the FDIC’s board meeting on Tuesday.

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