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On September 29, four senators and 39 representatives sent a letter to Consumer Financial Protection Bureau (CFPB) Director Richard Cordray expressing concern about the CFPB’s proposed rulemaking for prepaid accounts.
The Board of Governors of the Federal Reserve System and the other federal agencies tasked with implementing the Volcker Rule recently released two additional frequently asked questions (FAQs).
The Office of the Comptroller of the Currency’s (OCC’s) Committee on Bank Supervision has released its Fiscal Year 2016 priorities.