Tag: fdic
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Financial Regulators Issue Guidance on Lending to Non-Work Authorized Borrowers
The OCC, FDIC, and NCUA issued guidance on July 13, 2026, advising financial institutions to apply existing credit risk practices when lending to non-work authorized borrowers, citing potential elevated risk due to income and employment uncertainties.
Politics and GovernmentBusinessFederal GovernmentEconomyBankingEmployment and LaborLegal OCCFDICNCUAFinancial ServicesCredit RiskLendingBank SupervisionOffice of the Comptroller of the Currency (OCC)
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Comptroller Gould Details Votes on Key FDIC Financial Regulations
Comptroller Jonathan V. Gould outlined his votes at the FDIC board meeting, supporting proposals on resolution planning, deposit insurance assessments, and confidential supervisory information disclosure, while also urging further improvements and public comment.
Politics and GovernmentBusinessFederal GovernmentBankingEconomyLegal Jonathan V. GouldFDICOCCResolution PlanningDeposit Insurance AssessmentsConfidential Supervisory InformationFinancial RegulationOffice of the Comptroller of the Currency (OCC)