Banking Law Update

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Financial Institutions . . . In the News

  • The Consumer Financial Protection Bureau has Wall Street and banks concerned that stronger oversight will take place under President-elect Biden’s term as President. (PPH 12.8.2020)
  • Beginning 2021, Machias Savings Bank will put their leadership restructuring plan into effect. (The County 12.3.2020)
  • Regulatory approval of the Kennebec Savings Bank and Kennebec Federal Savings has been granted. (Central Maine 12.5.2020)
  • US Economy slows down as increase of Covid rise. (Sun Journal 12.2.2020)
  • Christopher Waller was confirmed to the Federal Reserve Board. (Reuters 12.3.2020)
  • More women step into board leadership roles. (Mainebiz 11.30.2020)
  • Former Federal Reserve Chair, Janet Yellen, appointed by President-elect Biden to be Treasury Secretary. (Maine Public 11.24.2020)
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