United States federal banking legislation

A former Turkish banking executive was released on July 19 from a federal U.S. prison.       

Representatives of Turkish consumer organizations have argued that the total amount of credit card annual fees exceeds 6 billion Turkish Liras ($1 billion), demanding new regulations to end what they say is a burden on consumers' shoulders.

Reforms put in place after the 2007 to 2009 crisis have strengthened the financial system without impeding economic growth, and any future changes should remain modest, Federal Reserve Chair Janet Yellen said on Aug. 25 in her fullest defense yet of the rules put in place after the Great Recession.

Nearly one-third of U.S. adults face financial difficulties or are "just getting by," despite a slight improvement in well-being in the overall population, according to Federal Reserve report released on May 19.

U.S. Federal Reserve Vice Chair Stanley Fischer said there was significant uncertainty about U.S. fiscal policy under the Trump administration, but the Fed would be strict in meeting targets of creating full employment and getting inflation to 2 percent.

Greece reached an agreement with its lenders on financial reforms early on Nov. 17, its finance minister said, removing a major obstacle holding up fresh bailout loans for the cash-starved country.

Discussions on a third bailout package have started in Athens between Greek authorities and representatives of Greece's international creditors, the European Commission announced on Monday.

A Greek government spokeswoman, however, said that high-level talks would not begin until later this week, according to the BBC.

Austrian Finance Minister Hans Joerg Schelling was quoted by a newspaper as saying Greece must complete its current bailout package before any new program can be agreed, in comments which his ministry said came before he saw Greece's latest loan request.

BELGRADE - The Serbian parliament's Committee on Finance, State Budget and Control of Public Spending adopted a set of seven new bills aimed at improving the situation in the financial sector on Thursday.

Parliament’s State Budget Office has ruffled some feathers again after claiming that is appears likely Greece will require a third bailout package to avoid a default.

In its quarterly report, published on Monday, it also warned that the matter of the country’s banks has not been resolved yet despite the capital injections.