Thu.Jul 04, 2024

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Banks should embrace new tools for measuring consumer financial health

American Banker

The OCC's new Vital Signs initiative gives bankers an important tool to help them assess the financial health and stability of their customers, and to help them build a strong foundation for the future.

Tools 41
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The housing paradox standing in the way of a Fed rate cut

American Banker

The Federal Reserve's struggle in bringing inflation down from its current level to its 2% target may come down to how the government measures shelter costs in the U.S., leading some experts to question whether the problem is in the economy or in how it is measured.

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Florida's new anti-ESG law tees up fight with federal bank regulators

American Banker

A law that took effect this week allows Florida consumers to ask state regulators to investigate why a financial institution canceled an account or rejected a loan application. The law, which applies to federally chartered banks, could lead to a legal battle over the limits of state powers.

Florida 28