Court temporarily halts Section 1033 rule enforcement
A federal court issued an order preventing the CFPB from enforcing its rule on financial data sharing while the bureau...
Policy
FOMC lowers rates by 25 basis points
The Federal Open Market Committee announced that it will lower the target range for the federal funds rate by 25...
House Democrats express ‘deep concern’ about cuts at CDFI Fund
The CDFI Fund and the institutions it serves are “an essential and vital source of capital and financial services to...
FCC advances ABA-backed calling rule reforms
The Federal Communications Commission vote to issue a notice of proposed rulemaking that would adopt several ABA requests to modernize...
CFPB: Federal law preempts state law on credit reporting
The CFPB issued an interpretive rule stating that the Fair Credit Reporting Act preempts state laws on credit reporting, with...
OCC to rescind updated recovery standards for large banks
The OCC is proposing to rescind its updated recovery planning guidelines for larger banks, saying the move is part of...
ABA, associations oppose bill to set credit card, loan fee cap
A proposed bill to establish a nationwide cap on fees and interest on credit cards and consumer loans would have...
ABA makes recommendations for AI policy, regulatory reform
ABA submitted bank-specific recommendations on policy and regulation of artificial intelligence as the Trump administration seeks to make the U.S....
Fed advances proposal to add transparency to large bank stress tests
The Federal Reserve voted to advance proposed rulemaking to make stress tests for large banks more transparent and give the...
Taylor to lead Washington Bankers Association
Duncan Taylor has been named the next president and CEO of the Washington Bankers Association, effective Feb. 1, 2026. He...
