FDIC proposes indexing thresholds, rescinds Biden ILC rule

The agency unveiled several deregulatory measures at a Tuesday board meeting, including a measure to tie regulatory thresholds to inflation, one creating a supervisory appeals office that reports to the board and withdrawal of a Biden-era rule on industrial loan companies.

Regulators terminate actions against Texas banks

The Federal Reserve and Office of the Comptroller of the Currency terminated enforcement orders against Industry Bancshares and its subsidiaries. The banks were considered prime examples of interest rate risk management gone awry.

JPMorganChase on acquisitions: Maybe, but probably not

As the $4.6 trillion-asset bank looks to deploy its excess capital, investing in growth is the top priority. But there aren’t many tempting acquisition opportunities for the megabank right now, CEO Jamie Dimon said Tuesday.

Republicans gear up for Dodd-Frank rollback

House Financial Services Committee Chairman French Hill promised to begin combing through Dodd-Frank to find areas for deregulation, while the panel’s ranking member made it clear that Democrats would fight for the Consumer Financial Protection Bureau.

FDIC Board of Directors Meeting

BOARD MEETING | JULY 15, 2025 FDIC Board of Directors Meeting Today, the Federal Deposit Insurance Corporation’s Board of Directors met in open and closed sessions. Materials and information relative to the open Board actions are available on the Board Matters webpage. Items addressed in Open Session: Notice regarding Proposed Amendments to FDIC Guidelines for […]

Uptick in CPI inflation complicates case for rate cuts

The Bureau of Economic Analysis said the consumer price index rose to 0.3% in June to an annualized rate of 2.7%, making the case to cut interest rates more difficult for the Federal Reserve to justify at its next meeting later this month.