Sen. Daines defends reg reform law in remarks to ABA Summit
Speaking virtually to the ABA Washington Summit today, Sen. Steve Daines (R-Mont.) defended S. 2155, the bipartisan regulatory reform law.
Policy
Nichols: Deposit insurance changes must not create competitive disadvantages
In a keynote address to bankers this morning at the 2023 ABA Washington Summit, ABA President and CEO Rob Nichols...
ABA urges changes to beneficial ownership registry reporting
In a letter yesterday, ABA urged the Financial Crimes Enforcement Network to make changes to the form that entities will...
GOP lawmakers seek information from Fed on bank failure timeline
House Financial Services Committee Chairman Patrick McHenry (R-N.C.) and Senate Banking Committee Ranking Member Tim Scott (R-S.C.) called on the...
NYCB to acquire most deposits, some assets of Signature Bank
Flagstar Bank, N.A., a subsidiary of Long Island-based New York Community Bancorp, has agreed to assume substantially all the deposits...
Central banks announce coordinated effort to boost dollar funding
To improve the swap lines’ effectiveness in providing U.S. dollar funding, the Federal Reserve and five central banks have agreed...
Nichols: Credit card rewards benefit all customers
A guest column in the New York Times claiming credit card points are being paid for by the poor is...
HUD to reinstate 2013 disparate impact rule
The Department of Housing and Urban Development announced today that it will re-codify the 2013 disparate impact rule, saying the...
Biden, Waters call for stronger repercussions for execs of failed banks
Following the failures of Silicon Valley Bank and Signature Bank earlier this month, the Biden administration called on Congress to...
Yellen: Americans can feel confident in banking system
The U.S. banking system is sound and Americans can feel confident that their deposits will be there when they need...
