OCC’s Hsu suggests requiring banks, AI companies to reimburse customers for fraud
A new U.K. regulation requiring banks to reimburse customers for losses resulting from push payment fraud “deserves greater discussion and...
Policy
Fed’s Barr says liquidity pressures have eased since Silicon Valley Bank
Banking regulators are no longer seeing the liquidity pressures on banks that they saw following the failure of Silicon Valley...
Bowman skeptical of creating collateral requirement for discount window
A proposal to require banks to hold collateral at the Federal Reverse discount window in anticipation of the need for...
Powell: Fed not seeking to become climate policymaker
Federal Reserve Chairman Jerome Powell said that the Fed needs to avoid “mission creep” if it wants to maintain the...
Labor Department finalizes amendments to QPAM exemption
The Department of Labor finalized its proposed amendments to prohibited transaction class exemption 84-14, better known as the QPAM exemption.
Fed’s Bowman: Proposed bank merger reforms step in wrong direction
Recent proposals to reform the regulatory approval process for bank mergers and acquisitions may actually make the problem worse, as...
ABA, state associations urge CFPB to withdraw overdraft proposal
The associations noted that if finalized, the proposal would lead many banks to stop offering—or significantly reduce access to—overdraft, depriving...
Rosenkoetter tapped to lead ABA Card Policy Council
Thomas Rosenkoetter has been named executive director of the ABA Card Policy Council, which advocates on behalf of the nation’s...
Federal court pauses CRA rule implementation following ABA lawsuit
A federal judge in Texas issued a preliminary injunction against enforcing new rules implementing the Community Reinvestment Act in a...
Proposed changes delayed to National Flood Insurance Program renewal policies
The Federal Emergency Management Agency recently announced the postponement of the implementation of new guidance regarding the renewal of National...
