As President Donald Trump begins his second term, the multifamily housing industry anticipates a mix of risks and opportunities amidst a Republican-controlled government. The GOP's retention of a trifecta in Washington, D.C., allows Trump's administration and financial regulators more potential for
In the rapidly changing financial landscape, TD Bank has undertaken a strategic approach to ensure adherence to regulatory lending caps by selling off portions of its loan portfolio. This move underscores the bank's commitment to complying with legal lending limits that are essential for
In a recent fireside chat with Aaron Klein, a senior fellow at the Brookings Institution, Martin Gruenberg, the outgoing Chair of the Federal Deposit Insurance Corporation (FDIC), expressed caution against complacency in financial regulation and emphasized the importance of strong supervision.
Financial systems around the world are evolving to address the mounting threats posed by climate change and nature loss, recognizing the cascade of effects that these environmental issues can have on economies and human populations. Climate change and nature loss can lead to extreme weather,
The Financial Conduct Authority (FCA) has published findings on how larger insurance firms approach Consumer Duty outcome monitoring, a critical component in safeguarding consumer interests. The information outlines both good and poor practices related to outcome monitoring, making it clear that
Michael Barr's unexpected resignation as Vice Chair for Supervision of the Federal Reserve has stirred significant conversations regarding the future of financial regulation in the United States. Barr's departure is set for February 28, 2024, and comes at a critical time when tensions with the
