Comptroller Jonathan V. Gould today testified on the Office of the Comptroller of the Currency’s (OCC) activities before the Committee on Financial Services of the U.S. House of Representatives.
On November 24, the plaintiffs in National Treasury Employees Union (NTEU) v. Consumer Financial Protection Bureau (CFPB or Bureau) filed a motion to clarify the existing injunction, asking the court to confirm that the CFPB may not justify noncompliance by declining to request funds from the Federal Reserve Board (Fed) and that “combined earnings” under 12 U.S.C. § 5497(a)(1) refers to the Federal Reserve System’s total earnings, not a net figure reduced by interest expense.
In a sign of the ongoing volatility of consumer complaints, TCPA (-18.4%) and CFPB (-8.6%) complaints were both down last month, after having been on a bit of a tear all year (+56.6% and +93% YTD, respectively). Meanwhile FDCPA (+14.9%) and FCRA (+24.7%) complaints were both up for the month and also for the year (+2.9% and +36.4% YTD, respectively). So everything is up YTD and it looks like it may end the year that way, unless FDCPA suits take a significant hit in Nov & Dec.
The Federal Deposit Insurance Corporation (FDIC) today issued the list of institutions scheduled for a Community Reinvestment Act (CRA) examination during the first quarter 2026. CRA regulations require each federal bank and thrift regulator to publish its quarterly CRA examination schedule at least 30 days before the beginning of each quarter.
On December 1, 2025, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the agencies) published a request for information (RFI) on regulatory reporting burden.
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