Power shift
Minnesota banker Noah Wilcox has never seen this tight of a labor market in his nearly 30-year career. [Continue]
Writer: Sam Wilmes
FDIC launches committee to oversee workplace culture review
The FDIC launched a special committee to oversee an independent third-party review of the agency’s workplace culture following a series of damaging reports on widespread workplace misconduct. [Continue]
Outstanding Women 2023: Angie Eilrich
Angie Eilrich has left an indelible mark on First Bank Kansas during her 42-year career. [Continue]
Outstanding Women 2023: Nayer Sikder
Nayer Sikder’s desire to grow personally and professionally has been a defining feature of her 10-year career at Austin, Texas-based American Bank of Commerce. [Continue]
Bowman: Regulators likely lacked authority to modernize CRA
Federal Reserve Gov. Michelle Bowman said federal regulators likely exceeded their authority by modernizing Community Reinvestment Act rules late last month without Congressional action. [Continue]
Outstanding Women 2023: Deneen Axtman
Deneen Axtman’s commitment to asking questions and listening to the answers has led to her recognition as one of BankBeat magazine’s 2023 “Outstanding Women in Banking.” [Continue]
Outstanding Women 2023: Kelsey Stupfell
TS Banking Group Director of Public Relations Kelsey Stupfell is committed to stewardship and nurturing the community around her. [Continue]
Economist: Major recession unlikely despite troubling signs
Prominent economist Todd Buchholz does not expect a major recession to strike but is worried that the shortage of workers, political polarization and deficit spending are hampering long-term growth prospects. The economy will worsen as gas prices remain high, Buchholz said, speaking Oct. 4 during the Bank Holding Company Association’s fall seminar. [Continue]
Section 1071’s Murky Future
The future of the Consumer Financial Protection Bureau’s controversial Section 1071 small business data collection rule remains uncertain, with only a year remaining until the nation’s largest bank lenders need to start reporting data. [Continue]
Consumer sentiment fell this month as recession fears continue
Consumer sentiment fell in August as consumers remain concerned about the economy, according to this month’s University of Michigan Surveys of Consumers. [Continue]