House Republicans seek answers on CFPB’s credit card fee rule
A proposal by the CFPB to limit credit card late fees would have negative economic consequences for consumers and the...
Policy
Lawmakers raise concerns about balance sheet treatment of crypto custody assets
Rep. Patrick McHenry (R-N.C.) and Sen. Cynthia Lummis (R-Wyo.) this week asked the banking agencies for clarification regarding an April...
OCC’s Hsu to speak at ABA Washington Summit
Acting Comptroller of the Currency Michael Hsu will speak at the 2023 ABA Washington Summit, to be held March 20-22.
FHA issues final rule for transitioning ARMs off Libor
The Federal Housing Administration this week published a final rule removing Libor as an approved index for adjustable-rate mortgages and...
Treasury’s Liang announces interagency CBDC working group
The Treasury Department will form an interagency working group to explore the benefits, risks and potential use cases for a...
Podcast: Building banker skills with cross-generational learning
As a bank leader, Alicia Wade notes that we're at a unique moment that won't recur for many years: having...
ABA, associations urge CFPB to extend comment period for credit card fee changes
The American Bankers Association and six banking and credit union associations this week requested that the CFPB extend by at...
ABA urges caution on data privacy bill
In a memo to the House Financial Services Committee today, the American Bankers Association listed several concerns about a bill...
CFPB finalizes updates to adjudication procedures
The Consumer Financial Protection Bureau last week announced it had finalized updates for administrative adjudication proceedings after recently soliciting public...
Fed raises coin order limits to mitigate shortages
The Federal Reserve has raised the allocation limits for nickels, dimes and quarters, allowing depository institutions to order more coins...
