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Proposed Bill Would Reform Bank Exam Processes

Global Fintech & Digital Assets

JANUARY 12, 2024

Endnotes [1] The FFIEC members are the Board of Governors of the Federal Reserve System (FRB), the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), the Consumer Financial Protection Bureau (CFPB), the National Credit Union Administration (NCUA), and the State Liaison Committee. [2]

FFIEC 52
FFIEC Process FRB Consumer Financial Protection Bureau (CFPB) 52
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The CFPB Found Unconstitutional…But …

PYMNTS

OCTOBER 12, 2016

Although the FRB, ITC, SEC, FDIC, FCC, NCUA, etc., The ultimate architects of the Bureau wanted it to be insulated from the political branches, including the President, precisely because they did not believe that a politically responsive bureau would vindicate the interests of consumers over industry, “Brown said.

CFPB 60
CFPB Rules FRB NCUA 60
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