Monday, November 17, 2025
Saturday, November 15, 2025
Friday, November 14, 2025
Alexander Brother Hired Diddy Lawyers After Inner City Press Opposition Still No Exhibits
by Matthew Russell Lee, Patreon Substack SDNY COURTHOUSE, Nov 14 – Amid the news of the arrest of the Alexander brothers in Miami on SDNY sex trafficking charges, in the SDNY Magistrate Court on the morning of December 11 the superseding indictment was "wheeled out" to District Judge Valerie E. Caproni. Inner City Press was there, and tweeted / X-ed it out. On December 24 Tal Alexander filed opposing transfer to SDNY - Notice of motion on Patreon here. On December 31 Tal Alexander's lawyer wrote to Judge Caproni asking for bail, offering $115 million in security, citing US v. Ng Lap Seng that "conditions were adhered to by the security service provider." Really? Massages behind closed doors? 12 page filing on Patreon here On June 13 Judge Caproni to her credit docketed that a "Rule, in turn, requires any party wishing to file a submission in redacted form or under seal to explain why redactions or sealing are appropriate in light of the presumption of public access to the federal courts. See United States v. Akhavan, 532 F. Supp. 3d 181, 184 (S.D.N.Y. 2021) -- a case Inner City Press sought and won unsealing in - citing Lugosch v. Pyramid Co. of Onondaga, 435 F.3d 110, 11920 (2d Cir. 2006))." On August 21 Oren Alexander retained two of the defense lawyers in Sean Combs' recent trial, Marc Agnifilo and Teny Geragos, amid pre-trial skirmishes. On November 7 Inner City Press filed opposition to the Alexander brothers' extensive redactions. Judge Caproni cited and docketed the motion on November 10, denying the Alexanders' request and ordering less redactions by November 14, order and Inner City Press letter on PACER here On November 14 the defense submitted a less redacted letter - but none of the exhibits, even though they too are mentioned in Judge Caproni's order. Watch this site. More / extra on X for Subscribers here and on Substack here This case is USA v. Alexander, et al., 1:24-cr-676 (Caproni) *** Your support means a lot. As little as $5 a month helps keep us going and grants you access to exclusive bonus material on our Patreon page. Click here to become a patron.  Feedback: Editorial [at] innercitypress.com |
UN Corruption in Colombia Includes Abuse by Guterres Rep Ruiz Now Transferring to Haiti
by Matthew Russell Lee, Patreon Book Substack
UN GATE, Nov 14 – How corrupt is today's UN under Antonio Guterres? Today's example is from Colombia, on which Spox Stephane Dujarric and Melissa Fleming have refused all written questions from banned Inner City Press:
Dear Matthew, Following the information and warnings you previously reported, it’s now widely acknowledged within UNVMC that corruption has taken deep root, with figures like SRSG Carlos Ruiz, Chief HR Mar Brusola, and her partner Chief Conduct and Discipline Federico Ledesma heavily involved. The recent allegations only add to Brusola’s documented history of corrupt practices, as outlined in prior Inner City Press reports. Her actions demonstrate a disturbing pattern of favoritism, manipulation, and abuse of power.
[Note: Carlos Ruiz is aware of the banning of Inner City Press, and has done nothing]
Now after Guterres' OIOS wrote to Inner City Press asking it to confirm and locate a whistleblower - pure abuse, rejected by Inner City Press - now this:
Dear Matthew Russell Lee:
A senior United Nations official is facing serious allegations of misconduct, favoritism and abuse of authority following an internal complaint related to his previous tenure in Colombia. Carlos Gabriel Ruiz Massieu Aguirre, currently serving as the UN Secretary-General’s Special Representative in Haiti (since August 2025), is alleged to have engaged in a long-standing romantic relationship with a direct subordinate during his time as SRSG of the UN Verification Mission in Colombia (UNVMC).
The relationship remained undisclosed to the UN Ethics Office or senior leadership at UN Headquarters, despite UN regulations requiring full transparency where conflicts of interest may arise. According to sources and internal documentation, Mr. Massieu began a personal relationship with Ms. Loreto Ferrer Moreu, initially his P-3 Senior Administrative Assistant. Shortly after, on 3 June 2021, Ms. Ferrer was promoted to a P-4 Special Assistant post reporting directly to him. Then, on 1 April 2024, she was elevated again, this time to a P-5 Senior Political Affairs Officer post, where Mr. Massieu was reportedly the hiring manager and both her First and Second Reporting Officer. What raises alarm is not just the rapid career trajectory, but that Ms. Ferrer had previously failed the required competitive process for Political Affairs Officer roles.
Only after her relationship with Mr. Massieu began did Ms. Ferrer receive successive promotions. Staff members have also raised serious concerns about the involvement of Chief Human Resources, Ms. Mar Brusola, whose management of recruitment processes is biased and corrupted. This is not the first time Mr. Massieu has faced misconduct of engaging in romantic relationships with subordinates. During his SRSG assignment in UNMVC, he was priorly involved in a romantic relationship with another subordinate administrative assistant, Ms. Daniela Vargas, a national staff member, whom he helped secure a P-3 role at UN Headquarters. That relationship became public after it was reported by independent watchdog Inner City Press.
At that time and after the article Mr. Massieu publicly acknowledged the relationship at a townhall, claiming he was engaged to Ms. Vargas however he never reported the relationship before as per UN staff rules. Short after he started being involved with Ms. Ferrer. Despite clear ethical obligations, Mr. Massieu failed to recuse himself from any stage of Ms. Ferrer’s hiring, supervision or promotion. Internal travel records suggest they routinely traveled together on official business, raising further questions about the use of organizational resources for personal purposes.
In May 2024, Mr. Massieu restructured the Office of the SRSG and appointed Ms. Ferrer as its Head, giving her a team of six. This move, perceived as consolidating power around a romantic partner, has reportedly damaged staff morale and contributed to a culture of favoritism and exclusion within the mission. Sources close to the matter describe an unhealthy work environment characterized by nepotism, preferential treatment and sidelining of professional staff. “It’s a textbook example of institutional breakdown through unchecked personal influence,” one official stated anonymously. Legal experts and ethics officers familiar say that failing to disclose a romantic relationship with a direct subordinate, particularly when hiring and promotion decisions are involved, constitutes a clear breach of UN Staff Regulations and the standards of conduct expected of senior leadership.
Mr. Massieu is now reportedly working to have Ms. Ferrer transferred to the UN mission in Haiti, where he currently leads.
The UN’s Office of Internal Oversight Services (OIOS) is being urged to initiate an investigation --
Wait, the same OIOS which wrote to Inner City Press asking it to confirm and locate a whistleblower? Today's UN is corrupt and must be made to stop banning Press.
***
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Inner City Press Asks IMF of Crypto Interest or Yield Payments US Banks Oppose Answer Here
NYC, Nov 13 – When the IMF held its biweekly embargoed press briefing on November 13, Inner City Press was able to ask the Fund's spokesperson Julie Kozack about lobbying by US banks against cryptocurrency platforms paying interest or yield under the GENIUS Act, about the market structure legislative proposals by Senators Boozman and Booker, and stablecoins.
From the IMF transcript:
Matthew Russell Lee, Inner City Press: You were just asked about AI bubble, so I wanted to ask about cryptocurrency. The current administration is very, very pro crypto, and there's some debate. The banks in the United States are lobbying to say that crypto platforms shouldn't be allowed to pay interest or yield and thereby become kind of an alternative or sucking out deposits from the banking system. I wondered if the UN has any, excuse me, if the IMF has any view of that? You've given some policy guidance to other countries, but what generally does the IMF think about cryptocurrency and digital asset platforms paying interest or yield in competition with banks? And the implications. Thanks.
MS. KOZACK: on crypto and stablecoins, I don't have a specific answer to your question on interest payments. But what I can say is that digital assets and payments are driven by new technologies. Some are in the form of unbacked crypto assets like Bitcoin. Some are stablecoins. Some are other tokenized assets. Some are Central Bank digital currencies. And all of this kind of new infrastructure around digital payments, this is a big technological transformation that could reshape the International Monetary System. So, it's something that we are paying very close attention to at the IMF. Some of these digital assets offer the promise of more efficient payments, broader financial inclusion, and new instruments for cross-border transactions. But at the same time, they do also introduce some risks. Those risks are more acute in the case of unbacked crypto assets. And the risks, of course, must be carefully managed. And so, some of our work is really around assessing the potential risks and looking and working with our membership on how those risks can be best mitigated to ensure that the introduction of these new assets are consistent with macroeconomic and financial stability, that they're consistent with consumer and investor protection, and they're consistent with financial and market integrity.
She also said that the IMF's Article IV consultation with the US has been delayed, citing the government shutdown ended on November 12.
Previously, IMF spokesperson Kozack in response to Inner City Press' July questions on crypto offered some praise and some cautions. Video.
Inner City Press also asked in July if El Salvador is in fact merely moving Bitcoin it already owns between its own wallets, rather than buying more - that seems to be the case. Video
More video, including of November 13, coming on IMF's website.
***
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or Stealing Courbet Mother and Child Painting Doyle Is Detained But Will Be Out on Nov 17
F
by Matthew Russell Lee, Patreon Book Substack
SDNY COURTHOUSE, Nov 13 – Thomas Doyle was sued for essentially stealing the Gustave Courbet painting "Mother and Child on a Hammock."
The civil lawsuit was filed by Matthiesen Ltd in the U.S. District Court for the Southern District of New York on September 25, 2025. Jump cut to November 13, when Inner City Press learned that Doyle was to be presented in SDNY Magistrates Court on a criminal indictment.
In the civil case, Matthiesen most recently asked for permission to effectuate "alternative service" on Doyle, saying they couldn't find him.
Well, he has been found, and on the afternoon of November 13 was scheduled to be presented in SDNY Magistrates Court.
Inner City Press was there, past 7 pm, when the AUSA asked for detention. Doyle took on and off his reading glasses. The AUSA said Doyle was living in his car in a hotel parking lot; the Federal Defender insisted he is usually with his girlfriend in Connecticut. Judge Tarnofsky first ordered release on bond right then, then said to wait until Monday (no GPS installation on Friday due to seemingly-ended shutdown, spillover). Doyle was led away...
Inner City Press will stay on the case.
The case is USA v. Doyle, 1:25-cr-525 (Subramanian)
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Tekashi #6ix9ine Charged with 3d Violation of Supervision Now US Asks 3 Months in Prison
by Matthew Russell Lee, Patreon Book Substack
SDNY COURTHOUSE, Nov 13 – Rapper Daniel Hernandez a/k/a Tekashi #6ix9ine, still on probation after sentencing as a cooperator in the Nine Trey gang case, was ordered detained on alleged violations of supervised release on October 29 by U.S. District Court for the Southern District of New York Judge Paul A. Engelmayer. Inner City Press was there, from the thread (when he spoke for himself)
#6ix9ine: I'm not a piece of, uh, I'm not a bad person. I apologize.
On November 5 the US Attorney's Office wrote to "recommend that the following sentence be imposed: (1) a period of thirty days’ incarceration; (2) followed by" - letter on Patreon here.
On November 6 Judge Engelmayer noted that he would ask questions.
And he did, before imposing a 45 days sentence. Thread here
Jump cut to April 11, after Inner City Press published a book on 6ix9ine (and Kay Flock) here - more VOSRs and a hearing: "Daniel Hernandez. The Court schedules a conference for the purpose of arraigning the defendant on multiple supervised release violations specifications on April 21, 2025."
Inner City Press live tweeted, here - the next court day was set at May 22.
On May 5, the US Attorney's Office wrote in asking for a delay to July: "Earlier today, the Government learned that it will take at least approximately six weeks from tomorrow’s date (i.e., June 17, 2025) for the Palm Beach County Sherriff’s Department to develop and compare results, if any, of DNA swabs taken from Hernandez’s person and from a firearm recovered in Hernandez’s pool house" - full letter on Patreon here
Jump cut to November 6 when the defense, Lazzaro, wrote in to asking for not the three months in prison probation recommended but rather six months home detention, letter on Patreon here
On November 13 the US Attorney's Office wrote in asking for 3 to 9 months in prison and two more years of supervised release on November 20, 7 page filing on Patreon here
more courtroom details on X for Subscribers here and Substack here
The case is still USA v. Jones, et al., 1:18-cr-834 (Engelmayer)
***
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Bank of America Bid to Close 8 More Branches Hit by Fair Finance Watch Citing Epstein Suit
by Matthew Russell Lee, Patreon Book Substack
SOUTH BRONX/SDNY, Nov 13 – Amid the FDIC's bid to eliminate public notice of and public comment on branch applications, Bank of America is moving to close eight more branches, including in low and moderate income areas.
This comes at Bank of America, beyond its lending disparities and negiglence with First Brands, has been sued in the U.S. District Court for the Southern District of New York for having enabled Jeffrey Epstein. Inner City Press has covered that case and others against BofA.
On November 12 Fair Finance Watch filed opposition to the Office of the Comptroller of the Currency:
Dear Jason Almonte, Director for Large Bank Licensing and to Whom it May Concern at the OCC:
On behalf of Fair Finance Watch and in my personal capacity this is a timely comment opposing the recent branch closing applications by Bank of America, National Association. These comments in opposition are timely.
Consider as simply one example B of A's proposed closing of a branch in a moderate income census tract, more than 80% "minority," in Georgia, filed on November 6 (this comment, and request for public hearings, is timely)
For identification, from the OCC's website:
Gainesville Main 402 WASHINGTON STREET GAINESVILLE GA 30501 Hall 099860A
Here from the FFIEC are the demographics:
Address: 402 Washington St SE, Gainesville, Georgia, 30501
MSA-State-County-Tract: 23580-13-139-0008.00
Tract Income Level
Moderate
Underserved or Distressed Tract
No
2025 FFIEC Estimated MSA/MD/non-MSA/MD Median Family Income
$102,700
2025 Estimated Tract Median Family Income
$61,014
2020 Tract Median Family Income
$44,050
Tract Median Family Income %
59.41
Tract Population
3482
Tract Minority %
82.80
Tract Minority Population
2883
Owner-Occupied Units
450
1- to 4- Family Units
1106
Here is Bank of America's disparate lending record in Georgia in 2024:
in 2024 denied 1525 mortgage applications from African Americans while making fewer, only 771 loans - while it made fully 1960 loans to whites and denied only 1674 applications. This is disparate.
Nationwide in 2024 Bank of America denied 11,467 mortgage applications from African Americans while making fewer, only 6855 loans - while it made fully 54,061 loans to whites and denied only 45,570 applications. This is disparate, and it is systemic.
Fair Finance Watch is opposing Bank of America's branch closing including but not limited to these, on the OCC's website:
| Details | Receipt | 2025-10-02 | Branch Closings | 2025-BranchClosing-343406 | Bank of America, NA | 100 North Tryon Street, Suite 170 | Charlotte | NC | Mecklenburg | |
| Details | Receipt | 2025-10-02 | Branch Closings | 2025-BranchClosing-343413 | Bank of America, NA | 100 North Tryon Street, Suite 170 | Charlotte | NC | Mecklenburg | |
| Details | Receipt | 2025-10-16 | Branch Closings | 2025-BranchClosing-343558 | Bank of America, NA | 100 North Tryon Street, Suite 170 | Charlotte | NC | Mecklenburg | |
| Details | Receipt | 2025-10-16 | Branch Closings | 2025-BranchClosing-343559 | Bank of America, NA | 100 North Tryon Street, Suite 170 | Charlotte | NC | Mecklenburg | |
| Details | Receipt | 2025-10-16 | Branch Closings | 2025-BranchClosing-343560 | Bank of America, NA | 100 North Tryon Street, Suite 170 | Charlotte | NC | Mecklenburg | |
| Details | Receipt | 2025-10-23 | Branch Closings | 2025-BranchClosing-343656 | Bank of America, NA | 100 North Tryon Street, Suite 170 | Charlotte | NC | Mecklenburg | |
| Details | Receipt | 2025-11-06 | Branch Closings | 2025-BranchClosing-343871 | Bank of America, NA | 100 North Tryon Street, Suite 170 | Charlotte | NC | Mecklenburg | |
| Details | Receipt | 2025-11-06 | Branch Closings | 2025-BranchClosing-343873 | Bank of America, NA | 100 North Tryon Street, Suite 170 | Charlotte | NC | Mecklenburg |
Furthermore, Bank of America has been sued in the SDNY Federal Court for enabling the sex trafficking of Jeffrey Epstein (deceased) and Ghislaine Maxwell (alive and imprisoned, for now). See, e.g., Doe v. Bank of America, 1:25-cv-8520
FFW notes in the FDIC's pending proposal RIN 3064-AG10: "the FDIC has received a limited number of public comments in response to subpart C applications.... Therefore, the FDIC is proposing to eliminate the public notice and related public comment period from subpart C and to make conforming changes to subpart A of 12 CFR part 303 of the FDIC Rules."
See, e.g., Sept 10, 2025: https://www.americanbanker.com/opinion/the-fdic-is-undercutting-a-key-element-of-the-cra
But now the Federal regulator(s) blithely propose(s) to eliminate public notice and public comment on banks' proposals to expand. The above-quoted reasoning is that few comments are filed. So, that is now changing.
***
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UBS Applications to Convert to US National Bank and Become Holding Company Opposed
by Matthew Russell Lee, Patreon Book Substack
SOUTH BRONX/SDNY, Nov 11 – Amid the FDIC's bid to eliminate public notice of and public comment on branch applications, UBS -- Union Bank of Switzerland -- is trying to convert to a national bank in the US and become a bank holding company.
On November 11 Fair Finance Watch filed opposition to the Federal Reserve Board and to the Office of the Comptroller of the Currency:
This is a timely first comment on the applications by UBS Group AG and UBS AG, both of Zurich, Switzerland, and UBS Americas Holding LLC and UBS Americas Inc to become bank holding companies by acquiring UBS Bank USA, Salt Lake City, Utah, upon the conversion of UBS Bank USA from a state-chartered industrial bank to a national bank.
UBS, beyond its involvement in predatory subprime lending - see, e.g., "UBS to pay $300 million to resolve US mortgage securities cases," August 4, 2025 - has numerous other compliance scandal on which public hearings should be held, on this application and possible plan to relocate to the US.
There is tax evasion and retaliation against whisteblowers: “France: UBS fined in France for harassing whistleblowers”, 10 March 2025 The Swiss bank UBS was fined €75,000 (CHF71,410), the maximum penalty, in Paris on Monday for moral harassment by its French subsidiary of two whistleblowers, who had denounced the tax evasion system organised by the bank. UBS Europe, which absorbed the French branch, was also ordered to pay €50,000 in damages to Nicolas Forissier, the former head of internal auditing. However, the bank was acquitted of witness tampering and obstructing the health, safety and working conditions committee. According to Forissier’s lawyer, William Bourdon, this is the first time in France that a whistleblower has obtained a conviction against his former employer. … At the hearing, the public prosecutor had requested a maximum fine of €225,000 for the three offences. … In the main case, UBS France was definitively acquitted in 2021 for complicity in laundering tax fraud, but fined €1.875 million for complicity in illegal canvassing. However, the case against the parent company, UBS AG, continues. In 2019, it was fined a record €3.7 billion, plus €800 million in damages, for setting up a “system” to “facilitate” tax evasion by wealthy French taxpayers between 2004 and 2012. On appeal in 2021, following a change in case law, the penalty was reduced to a total of €1.8 billion. And in 2023, the Court of Cassation definitively confirmed the bank’s guilt, but cancelled the penalties and damages, ordering a new trial to re-examine them.
There are human rights - and managerial - issues: the Society for Threatened Peoples Switzerland (STP) filed a specific instance against UBS Group AG (UBS) at the Swiss NCP. The complaint concerns the bank’s financial ties with Hangzhou Hikvision Digital Technology Co. Ltd. (Hikvision), a provider of modern surveillance technology that has played a key role in the mass surveillance of the Uyghurs and other Turkic minorities in Xinjiang, China. Also involving private prisons int the US.
There are managerial factor issues, particularly on an initial application to become a US bank holding company. Fair Finance Watch hereby timely requests hearings, and the denial of these UBS applications. This comment period should be extended, evidentiary hearings should be held; and on the current record, the application should not be approved.
FFW notes in the FDIC's pending proposal RIN 3064-AG10: "the FDIC has received a limited number of public comments in response to subpart C applications.... Therefore, the FDIC is proposing to eliminate the public notice and related public comment period from subpart C and to make conforming changes to subpart A of 12 CFR part 303 of the FDIC Rules."
See, e.g., Sept 10, 2025: https://www.americanbanker.com/opinion/the-fdic-is-undercutting-a-key-element-of-the-cra
But now the Federal regulator(s) blithely propose(s) to eliminate public notice and public comment on banks' proposals to expand. The above-quoted reasoning is that few comments are filed. So, that is now changing.
***
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TD Bank Bid to Close 51 Branches Opposed by Fair Finance Watch to OCC on Disparities Cited
by Matthew Russell Lee, Patreon Book Substack
SOUTH BRONX/SDNY, Nov 10 – Amid the FDIC's bid to eliminate public notice of and public comment on branch applications, TD Bank - Toronto Dominion - is moving to close 51 more branches, on top of 36 earlier closed.
On November 10 Fair Finance Watch filed opposition to the Office of the Comptroller of the Currency:
Fair Finance Watch has long been concerned about TD Bank. Fair Finance Watch has reviewed the just-released 2024 Home Mortgage Disclosure Act data of TD Bank NA not reviewed in any Community Reinvestment Act performance evaluation.
Nationwide, TD Bank in 2024 denied 3837 applications from African Americans while making fewer, only 3169 loans - while it made fully 44,281 loans to whites and denied only 20,376 applications. This is disparate, and it is systemic.
In state after state, TD Bank for African Americans has (many) more denials than originations, while the opposite is true for white borrows. The pattern is striking, starting with New York: In New York, TD Bank in 2024 denied 483 applications from African Americans while making fewer, only 297 loans - while it made fully 2915 loans to whites and denied only 1599 applications. This is disparate.
Again, the only enforcement mechanism of CRA is its consideration on applications for deposit facilities: branches. Here TD Bank is closing yet 51 more branches. A hearing is requested, timely opposition made. For identification: TD Bank is closing more branches throughout this year and next. The bank is closing more branches at the end of 2025 and into 2026 after closing 38 branches earlier in 2025.
This opposition concerns and applies to: New York 482-484 Bergen St., Brooklyn, 11217 655 Avenue of the Americas, New York, 10010 391 Jericho Turnpike, Jericho, 11853 1144 Walt Whitman Rd., Melville, 11747 620 Route 25A, Mount Sinai, 11766 576 Second Ave., New York, 10016 14 Main St., Hudson Falls, 12839
Connecticut 123 East Main St., Plainville, 06062 826 Wolcott Rd., Wolcott, 06716 60 Redding Rd., Redding, 06829 District of Columbia 2000 K St., NW, Washington, 20006 Florida 255 Alhambra Circle, Coral Gables, 33134 1500 NE Miami Gardens Dr., North Miami Beach, 33179 2208 66th St., St Petersburg, 33710 3125 W New Haven Ave., Melbourne, 32904 1000 S.E. Highway, Crystal River, 34429 1 US 27 North, 621 East, Lake Placid, 33852 Massachusetts 175 Cabot St., Beverly, 01915 153 Meadow St., Chicopee, 01013 1708 Falmouth Rd., Centerville, 02632 45 Central St., Lowell, 01852 99 West St., Pittsfield, 01201 79 Lynnfield St., Peabody, 01960 242 Main St., Wareham, 02571 Maryland 8661 Colesville Rd., Silver Spring, 20910 Maine 32 Goding Ave., Lincoln Plaza, Lincoln, 04457 835 Main St., P.O. Box 266, Westbrook, 04092 217 High St., Ellsworth, 04605 North Carolina 201 Wren Dr., Hendersonville, 28792 New Hampshire 184 Route 101, Bedford, 03110 2561 Main St., North Conway, 03860 New Jersey 385 White Horse Pike, Atco, 08004 177 Columbia Turnpike, Florham Park, 07932 571 East Bay Ave., Manahawkin, 08050 232 Richmond Ave., Point Pleasant, 08742 418 Belmont Ave., Haledon, 07508 230 Forsgate Dr., Jamesburg, 08831 1100 Lake St., Ramsey, 07446 4057 Asbury Ave., Tinton Falls, 07753 Pennsylvania 399 Market St., Philadelphia, 19106 200 Lancaster Ave., Devon, 19333 9996 Haldeman Ave., Philadelphia, 19115 1064 Second St. Pike, Richboro, 18954 131 East McDade Blvd., Folsom, 19033 South Carolina 260 Columbia Ave., Chapin, 29036 2003 N. Oak St., Myrtle Beach, 29577 5041 Calhoun Memorial Hwy., Easley, 29640 307 North Main St., Marion, 29571 Virginia 6566 Little River Turnpike, Alexandria, 22003 6260 Old Dominion Dr., McLean, 22101 Vermont 27 East Allen St., Winooski, 05404 21 Elm St., Woodstock, 05091
FFW notes in the FDIC's pending proposal RIN 3064-AG10: "the FDIC has received a limited number of public comments in response to subpart C applications.... Therefore, the FDIC is proposing to eliminate the public notice and related public comment period from subpart C and to make conforming changes to subpart A of 12 CFR part 303 of the FDIC Rules."
See, e.g., Sept 10, 2025: https://www.americanbanker.com/opinion/the-fdic-is-undercutting-a-key-element-of-the-cra
But now the Federal regulator(s) blithely propose(s) to eliminate public notice and public comment on banks' proposals to expand. The above-quoted reasoning is that few comments are filed. So, that is now changing.
***
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