ABA, associations raise concerns on proposed rulemaking for patent appeals
A series of proposed changes restricting access to America Invents Act post-grant proceedings before the Patent Trial and Appeal Board...
Policy
Powell: More rate hikes likely needed to fight inflation
The Federal Open Market Committee may raise the federal funds rate at least two more times as it continues the...
Report finds significant volume of COVID-assistance loan fraud
At least 17% of all COVID-19 economic injury disaster and payment protection program loans were disbursed to potentially fraudulent actors,...
Treasury Department urges insurance regulators to incorporate climate risks
State insurance regulators should prioritize efforts to adapt their regulatory and supervisory tools to incorporate climate-related risks, the Treasury Department...
FHA adds preferred language, education requirement to mortgage originations
The Federal Housing Administration announced that it will require lenders to submit information about borrowers’ preferred language and any housing...
ISSB releases sustainability disclosure standards
The International Sustainability Standards Board issued its inaugural disclosure standards—IFRS S1 and IFRS S2—on general sustainability and climate-related topics.
Fed’s Bowman questions need for higher capital requirements for banks
New capital requirements for financial institutions could unnecessarily hinder bank lending and diminish competition, Federal Reserve Governor Michelle Bowman said.
ABA: No easy answers for changing deposit insurance
The conversation around deposit insurance policy is a complex one with no easy answers, and any changes will have implications...
Gruenberg: Bank failures guiding scope of proposed Basel capital requirements
The recent bank failures show that banks with more than $100 billion in assets can pose genuine financial stability risks,...
ABA seeks harmonized approach to cloud computing adoption
The Federal Trade Commission should push for a harmonized approach to financial sector adoption of cloud computing services by leveraging...
