The Federal Reserve Board, the Office of the Comptroller of the Currency, the FDIC, the Consumer Financial Protection Bureau, the National Credit Union Administration and the Conference of State Bank Supervisors encouraged financial institutions to work with consumers impacted by the federal government shutdown. The agencies expressed concern that affected borrowers may face hardship with regard to making payments on financial obligations, including mortgages, student loans, car loans, credit cards and other types of debt.
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The Federal Reserve Board, the FDIC and the OCC updated "host state loan-to-deposit ratios" for 2020.
The Federal Reserve Board, the FDIC and the OCC cautioned that banks may face significant liquidity risks in relying on funding from entities in the crypto industry.
The Office of the Comptroller of the Currency, the CFPB, the FDIC, and the National Credit Union Administration outlined supervisory expectations regarding deposit reconciliation practices for customer accounts.
The Federal Reserve Board and the CFPB final rule to implement a requirement for certain dollar amounts and thresholds to be inflation-adjusted was published in the Federal Register.