Tue.Apr 08, 2025

Remove regulation-compliance
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FDIC’s Hill: Agency to revisit resolution planning, de novo bank formation

ABA Community Banking

The FDIC will waive some requirements for large bank resolution planning and take steps to boost de novo bank formation, particularly in areas of the country without a local community bank, Acting FDIC Chairman Travis Hill said.

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Justice Department shuts down its cryptocurrency team

American Banker

Deputy Attorney General Todd Blanche said regulators, not the DOJ, should pursue most crypto cases.

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Fed ends enforcement action against former bank employee

American Banker

The Federal Reserve Board terminated a 22-year-old cease-and-desist order against a one-time vice president of The Marathon Bank in Winchester, Virginia.

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Banks need more clarity about the rules governing digital assets

American Banker

Last month, the OCC opened the door to national banks interested in engaging with digital assets. That's a good thing, but there is a real need for clear legislative and regulatory guidance so they can move forward safely.

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FDIC's Travis Hill previews new resolution standards

American Banker

aims to ease compliance for large banks, revisit crypto and stablecoin rules, and weigh inflation adjustments to regulatory thresholds The Federal Deposit Insurance Corp.

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Pulte ousts 100+ at Fannie Mae over ethics breach

American Banker

Bill Pulte, making the announcement as chairman of Fannie Mae, did not provide additional details following earlier rumors of larger layoffs.