Banker Compliance News

Capturing the important news of the day in an easy to access way. We post news we feel is relevant to our members and community banks nationwide.

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CFPB Releases Semi-Annual Report to Congress for January 2026 – June 2026

October 28, 2026 / Source: CFPB

The Consumer Financial Protection Bureau is pleased to present our Semi-Annual Report to Congress for the period beginning January 1, 2026, and ending June 30, 2026, except where otherwise noted. Message from Acting Director Paoletta This Report covers the remaining six months of the Bureau’s work under the tenure of then-Acting Director R. Vought, who…

Fannie Mae Issues Information Security and Business Resiliency Supplement Bulletin 26-01

October 28, 2026 / Source: Fannie Mae

This Bulletin is issued in accordance with the section of the Fannie Mae Information Security andBusiness Resiliency Supplement (the “Supplement”) entitled General Requirements, IssuedBulletins; Amendments. The purpose of this Bulletin is to notify Companies subject to theSupplement that a new version of the Supplement has been published. In addition to minor clerical and clean-up edits,…

Federal Reserve issues FOMC statement

October 28, 2026 / Source: Federal Reserve

October 28, 2026 The Federal Open Market Committee approved the following statement for release by a 10 – 2 vote: The Committee decided to maintain the target range for the federal funds rate at 3-3/4 to 4 percent, in support of the Federal Reserve’s dual mandate. The Committee is continuing its policy of maintaining ample…

Practical Steps for Corporate Payment Practitioners to Reduce Credit-Push Payments Fraud

October 28, 2026 / Source: Nacha

Credit-push payments fraud has emerged as one of the most significant fraud threats facing organizations today. Unlike unauthorized transactions, credit-push fraud occurs when an organization is deceived into initiating a legitimate payment under false pretenses. The payment is authorized by the company, but the authorization is based on false information provided by a fraudster.  These…

Comptroller Gould Discusses Efforts to Support Community Banks

October 27, 2026 / Source: OCC

WASHINGTON—Comptroller of the Currency Jonathan V. Gould today discussed the Office of the Comptroller of the Currency’s (OCC) work to help community banks thrive and remain dynamic as the financial industry evolves in remarks before the Ohio Bankers League. Excerpts from Comptroller Gould’s remarks are below. His full remarks can be found here. Ohio Community…

FHFA House Price Index® Up 0.3 Percent in August; Up 2.4 Percent from Last Year

October 27, 2026 / Source: FHFA

10/27/2026 Washington, D.C. – U.S. house prices rose nationwide in August, up 0.3 percent from the previous month, according to the U.S. Federal Housing (FHFA) seasonally adjusted monthly House Price Index (FHFA HPI®). House prices rose 2.4 percent from August 2025 to August 2026. The previously reported 0.3 percent price increase in July was revised…

Fact Sheet: President Donald J. Trump Decreases Housing Costs for Americans

October 26, 2026 / Source: The White House

October 22, 2026 LOWERING COSTS AND EXPANDING ACCESS TO HOMEOWNERSHIP: Today, President Donald J. Trump signed an Executive Order to lower the costs of single-family homeownership and mortgages and promote innovation throughout the housing market. RESTORING THE AMERICAN DREAM OF HOMEOWNERSHIP: President Trump is removing unnecessary red tape and making homeownership more affordable for all Americans. DRAMATIC…

Executive Order: Decreasing Housing Costs for the American People

October 26, 2026 / Source: The White House

October 22, 2026 By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1.  Purpose.  The American Dream of homeownership is a vital pillar of our great country.  It is the policy of my Administration to reduce regulatory barriers to…

Treasury Issues Proposed Rule to Implement Comprehensive Outbound Investment National Security Act

October 23, 2026 / Source: U.S. Department of the Treasury

WASHINGTON– The U.S. Department of the Treasury (Treasury) today issued a Notice of Proposed Rulemaking (NPRM) to propose updates to the Outbound Investment Security Program (OISP) based on direction from Congress in the Comprehensive Outbound Investment Security (COINS) Act, passed as part of the Fiscal Year 2026 National Defense Authorization Act.  The COINS Act codifies the…

Interest Rate Risk: Interest Rate Risk Statistics Report

October 23, 2026 / Source: OCC

Summary The Office of the Comptroller of the Currency (OCC) today published the fall 2026 edition of the Interest Rate Risk Statistics Report. The report presents interest rate risk data gathered during examinations of OCC-supervised midsize and community banks and federal savings associations (collectively, banks). The statistics are for informational purposes only and do not…

Treasury, IRS update retirement plan correction program and establish correction program for individual retirement accounts

October 22, 2026 / Source: IRS

IR-2026-126, Oct. 22, 2026 WASHINGTON — The Department of the Treasury and the Internal Revenue Service today issued two revenue procedures that update the correction program for employee retirement plans and create one for Individual Retirement Accounts.  “Hard working Americans will benefit from these procedures because they simplify and speed up how errors with certain…

Court Permanently Shuts Down Illegal Debt Relief Operation Following FTC Allegation That Scheme’s Operators Impersonated Government and Business Entities

October 22, 2026 / Source: FTC

At the Federal Trade Commission’s request, a federal court has permanently banned the operators of an alleged debt relief scheme that targeted seniors and veterans by impersonating banks, credit card companies and government agencies.  On October 14, 2026, the court entered a default judgment of $106.8 million against corporate defendants Accelerated Debt Settlement Inc., ADS…

Operation Economic Outcast Targets Iran’s Shadow Fleet Networks

October 21, 2026 / Source: FinCEN

Immediate Release October 21, 2026 Today, as part of Operation Economic Outcast, the U.S. Department of the Treasury sanctioned Panama- and Greece-based law firm Karnakis and Karnakis, which has supported illicit Iranian shipping activity for years, indirectly aiding Tehran’s ability to generate revenue to fund its military, weapons, and nuclear programs. Throughout Operation Economic Outcast,…

State Supervisors Advise Licensees to Plan Ahead for NMLS Annual Renewal

October 21, 2026 / Source: CSBS

Washington, D.C. – State supervisors recommend Nationwide Multistate Licensing System (NMLS) licensees prepare in advance of the annual renewal season, which starts on Nov. 1. New this year — licensees must complete updated disclosure questions and comply with new employment reporting requirements in NMLS before they can submit requests for license renewal.  “Updated system policies for…

OCC Advances U.S. Digital Asset Leadership with Final Rule to Implement GENIUS Act

October 21, 2026 / Source: OCC

News Release 2026-92|October 21, 2026 WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced a final rule to implement the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. “The GENIUS Act marks a watershed moment in American finance, further cementing the United States as the crypto capital of the world. Just as…

Treasury Should Preserve State-Federal Parity in Stablecoin Regulation

October 20, 2026 / Source: CSBS

Washington, D.C. – The U.S. Department of the Treasury’s proposed rule to implement the GENIUS Act’s safe harbor provision threatens parity between state and federal stablecoin issuers, the Conference of State Bank Supervisors (CSBS), the National Conference of State Legislatures, the National Association of State Credit Union Supervisors, and the Money Transmitter Regulators Association said in…

U.S. Treasury Identifies $270 Million in Suspicious Activity Linked to Federal Student Aid Fraud

October 19, 2026 / Source: U.S. Department of the Treasury

October 19, 2026 FinCEN Refers Findings to Federal Investigators to Combat Fraud and Protect Taxpayer Dollars WASHINGTON – The U.S. Department of the Treasury announced today that its Financial Crimes Enforcement Network (FinCEN) has identified approximately $270 million in suspicious financial activity potentially linked to fraud against federal student aid programs. FinCEN has referred these…

FTC Issues Annual Report to Congress on Agency’s Actions to Protect Older Adults

October 19, 2026 / Source: FTC

The Federal Trade Commission issued its latest report to Congress on protecting older adults, which highlights key trends based on fraud reports submitted by older adults and the FTC’s efforts to combat the problem. The report, Protecting Older Consumers 2025-2026, details the FTC’s efforts to stop unfair or deceptive acts or practices that impact older…

FTC Sends More than $9.8 Million to Consumers Harmed by Walmart’s Failure to Stop Scammers that Used its Wire Transfer Services to Take Millions from Customers

October 16, 2026 / Source: FTC

The Federal Trade Commission is sending payments totaling more than $9.8 million to consumers harmed by Walmart’s alleged failure to stop scammers that took hundreds of millions of dollars from U.S. consumers using the company’s wire transfer services. In June 2025, Walmart settled FTC charges that the company failed to implement effective anti-fraud policies and…

FSB finalises sound practices for the responsible adoption of artificial intelligence (AI)

October 15, 2026 / Source: FSB

Ref: 14/2026 The Financial Stability Board (FSB) today published its final report on Sound Practices for Responsible Adoption of Artificial Intelligence, reflecting public feedback received on a consultative version of the report, published in June 2026. The report identifies 12 sound practices to help financial institutions harness the benefits of AI while managing its risks…

Operation Economic Outcast Targets Iranian Regime’s Abuse of Religious Charity Networks

October 15, 2026 / Source: FinCEN

Immediate Release October 15, 2026 Today, as part of Operation Economic Outcast, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an Alert asking financial institutions to report potential Iranian regime abuse of religious charity networks, including diversion of religious tithes, or khums. Resources

FCC Votes to Give Consumers More Choice in the Calls They Receive

October 15, 2026

New Rules Make It Easy to Opt-Out of Calls Consumers Don’t Want Without Missing Those They Do WASHINGTON, September 30, 2026—The Federal Communications Commission voted today to give consumers more control over the calls they receive.  These changes will modernize rules to ensure consumers have clear, simple, and automated ways to revoke consent for calls…

CFPB Announces New Initiative to Address OCC-Uncovered Debanking by Large Banks

October 14, 2026 / Source: CFPB

Today, the Consumer Financial Protection Bureau (CFPB) announced the next step in its work to advance President Trump’s fight against the debanking of businesses and individuals on the basis of their constitutionally protected rights, including support of President Trump, MAGA, pro-life causes, and industries disfavored by the Left. The CFPB will address any consumer harm…

OCC Releases Report on Large Banks’ Debanking Activities

October 14, 2026 / Source: OCC

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released a report of its findings from its supervisory review of debanking activities at the nine largest national banks it supervises: JPMorgan Chase Bank, Bank of America, Citibank, Wells Fargo Bank, U.S. Bank, Capital One, PNC Bank, TD Bank, and BMO Bank. The OCC conducted…

State Regulators Seek Mortgage Loan Originators Input on National Licensing Test

October 13, 2026 / Source: CSBS

October 12, 2026 Washington, D.C. – The Conference of State Bank Supervisors (CSBS) today launched a job analysis survey to gather information from state-licensed mortgage loan originators (MLOs). The survey will help ensure the SAFE MLO National Test continues to remain current and reflects the work MLOs perform. MLOs nationwide will receive an email invitation from…