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September 2022
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September 26, 2022
Bank CEOs: Financial institutions ready for economic headwinds
The CEOs of the nation’s seven largest retail banks testified before the House Financial Services Committee last week in a hearing that touched on a wide range of topics, although high inflation and the Federal Reserve’s decision to once again raise the federal funds rate loomed large. During the six-and-a-half hour hearing, the executives fielded questions ranging from mortgage practices …
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September 21, 2022
OBA hosts candidate forum
OKLAHOMA CITY — The Oklahoma Bankers Association hosted 16 candidates who will be on statewide ballots in November, including three gubernatorial opponents, at a forum during its monthly board meeting on Wednesday. The forum, which took place in the OBA’s Harris Event Center in Oklahoma City, was highlighted by the appearance of Gov. Kevin Stitt, and his Democratic opponent in …
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September 9, 2022
Fed prepares for interest rate raise
Traders are expecting the Federal Reserve to raise interest rates at its meeting later this month. The possibility of a third straight three-quarter point hike looks to be high, according to stories in several media outlets. You can read one, via CNBC, by clicking here.
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September 8, 2022
OCC to lower assessments
The Office of the Comptroller of the Currency will lower assessments in 2023 as part of an effort to close the pricing differential between state and federal charter assessments, Acting Comptroller of the Currency Michael Hsu said last week during remarks to the Texas Bankers Association. Effective in March, the agency will make a 40% reduction in assessments for a …
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August 2022
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August 30, 2022
Fed to continue pursuing ‘restrictive policy’ to combat inflation
A recent easing in the rate of inflation hasn’t been enough to convince the Federal Reserve to reverse course on raising interest rates, with the Federal Open Market Committee likely to pursue a “restrictive policy stance for some time,” Fed Chair Jerome Powell said at a Jackson Hole, Wyoming, monetary policy conference last week. While higher interest rates and a …
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Jeremy Cowen, Senior Vice President/Communications
Email: jeremy@oba.com | Phone: Ext. 113
Jeremy has been in charge of the Oklahoma Banker newspaper as well as the OBA website and other member communications since joining the OBA in January 2002. A native of Hartshorne and a 1997 graduate of the University of Oklahoma, he enjoys meeting and talking with the different people he encounters while doing his job. Previously, Jeremy worked as a sports writer in Lawton and, for the four years prior to joining the OBA, Lubbock, Texas, where he decided the town wasn’t big enough for both him and Bobby Knight. When not working, Jeremy loves to hike, read, watch football, baseball and boxing and teach journalism to high school and college students. And, if you ask, there’s a good chance he will regale you with the story about being interviewed on ESPN by Chris Fowler.