Fresh Today

Fresh Today

WASHINGTON–The nation’s banks reported a decline in net income of nearly 41% in the fourth quarter as compared to the same period in 2016, due largely to the new tax laws, according to the FDIC.

WASHINGTON—A report published this week by the U.S. Government Accountability Office (GAO) recommended that depository institution regulators review the regulatory burden facing credit unions and other financial institutions and better explain the reasoning behind their regulatory actions.