The Federal Reserve may hire behavioral scientists and experiment with reverse stress testing as part of a focused effort to tweak its bank supervision process throughout the rest of this year, Michael Barr, the central bank’s vice chair for supervision, said at an event Tuesday held by the New York Fed.
PHOENIX, June 20, 2023 /PRNewswire/ -- Forbes named Desert Financial Credit Union as a Best-In-State Credit Union in 2023 and the top credit union in Arizona for the fifth year in a row.
In the latest action to challenge alleged digital dark patterns, the FTC has sued Amazon for enrolling people in its Prime program without the consumer’s consent. Once consumers were signed up, the complaint also charges that Amazon set up online obstacles that made it difficult for them to cancel their Prime subscription.
The CFPB's latest regulatory agenda signals that it is considering rules to define larger participants in markets for consumer payments, to be published in July 2023. This action, if implemented, would represent a sea change for consumer payments providers, and would result in larger providers being subjected to agency supervision and examination.
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today issued two new reports on the financial opportunities and challenges facing Southern communities. The Southern U.S. is home to diverse populations, including many rural areas.
.jpg)
.jpg)