Sunshine Act Notice: FDIC Board of Directors Meeting

SUNSHINE ACT NOTICE The FDIC Board of Directors will meet in open session: Date and Time: Tuesday, May 20, 2025, at 2:30 p.m. Place: The Board meeting will be open to public observation by webcast. Members of the media should contact the Office of Communications by Monday, May 19, at mediarequests@fdic.gov to attend in person from […]

Soaring student loan delinquencies signal risks to banks

Serious delinquencies on student loans jumped tenfold at the start of 2025, shortly after lenient pandemic-era policies came to an end. The greater pressure on consumers’ wallets is a cause for concern at banks that rely on borrowers’ ability to repay their debts..

New York tightens BNPL rules as the CFPB pulls back

New York State Gov. Kathy Hochul has codified how buy now/pay later lending will operate in the state, taking a heavier hand as the Consumer Financial Protection Bureau loosens its grip under President Trump.