Influenza Pandemic: Continued Focus on the Nation's Planning and Preparedness Efforts Remains Essential, by Bernice Steinhardt, director, strategic issues, before the Ad Hoc Subcommittee on State, Local, and Private Sector Preparedness and Integration, Senate Committee on Homeland Security and Governmental Affairs. ...
The U.S. thrift industry rebounded in the first quarter of 2009, reporting a loss of $47 million the best performance since September 2007, the Office of Thrift Supervision (OTS) reported today.
The Office of the Comptroller of the Currency will host a workshop for national community bank directors in Denver, Colorado, at the Westin Tabor Center, July 6-8, 2009.
The Federal Reserve Board on Monday outlined the criteria it will use to evaluate applications to redeem U.S. Treasury capital from the 19 bank holding companies (BHC) that participated in the Supervisory Capital Assessment Program (SCAP).
The Federal financial institution regulatory agencies (the Agencies) are together issuing for public comment proposed rules requiring mortgage loan originators who are employees of Agency-regulated institutions to meet the registration requirements of the Secure and Fair Enforcement for Mortgage Licensing Act of 2008...
It is a pleasure to be back in China and to join you here today at this great university.
I first came to China, and to Peking University, in the summer of 1981 as a college student studying Mandarin. I was here with a small group of graduate and undergraduate students from across the United States. I returned...
The Board of Directors of the Federal Deposit Insurance Corporation (FDIC) today issued a final rule changing the way the FDIC administers its statutory restrictions on the deposit interest rates paid by banks that are less than well capitalized.
The FDIC Board of Directors today approved establishing the FDIC Advisory Committee on Community Banking to provide the FDIC with advice and guidance on a broad range of important policy issues impacting small community banks throughout the country, as well as the local communities they serve, with a focus on rural...
The Office of Thrift Supervision (OTS) has appointed the members of its Mutual Savings Association Advisory Committee and has scheduled the committee's inaugural meeting.
The committee will discuss the needs of mutual institutions, assess the unique challenges they face and advise the OTS on how best to supervise...
In GAO's opinion, FDIC fairly presented, in all material respects, the 2008 and 2007 financial statements for the two funds it administers DIF and FRF.
Also, in GAO's opinion, FDIC had effective internal control over financial
reporting and compliance with laws and regulations. Further, GAO did not
find any...
Many people concerned about their mortgage, their job or their finances may be especially vulnerable to scams and other costly "fixes" for their problems. The Federal Deposit Insurance Corporation today issued a variety of tips to help consumers be on guard financially in the current economy. The advice was published...
Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported net income of $7.6 billion in the first quarter of 2009, a decline of $11.7 billion (60.8 percent) from the $19.3 billion that the industry earned in the first quarter of 2008.
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