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Executive order on digital assets includes roles for CFPB, FTC, federal banking agencies

CFPB Monitor

Such other agencies include the CFPB, FTC, Federal Reserve Board, FDIC, and OCC. The Order calls for its implementation through the use of an interagency process in which certain specified agencies would participate and in which representatives of other agencies “may be invited to attend interagency meetings as appropriate.”

FDIC 148
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The Future of Noninterest Income at Financial Institutions

Abrigo

Once accounting for 46 percent of bank revenue (2003), more recently, noninterest income averages closer to 34 percent (2018). A recent study by the Cleveland Fed noted that traditionally, noninterest income is only 30% to 40% of small banks’ operating revenue, compared with over half of large banks’ revenue.