FFIEC announces changes to Uniform Bank Performance Report
Federal Financial Institutions Examination Council member agencies are making several changes to the Uniform Bank Performance Report on or shortly...
Policy
Agencies extend applicability date of certain Community Reinvestment Act rule provisions
Banking agencies jointly issued an interim final rule that extends the applicability date of certain provisions in the Community Reinvestment...
Fed’s Barr says ‘broad’ changes coming to Basel III capital proposal
Federal Reserve Vice Chairman for Supervision Michael Barr said that regulators expect “broad and material” changes are coming to the...
ABA, associations oppose bill to expand the Telephone Consumer Protection Act
ABA joined the U.S. Chamber of Commerce and 13 other trade associations in opposing legislation that would make it more...
FDIC proposes to expand criteria for bank merger evaluations
The FDIC will pursue potential changes to how the agency will evaluate bank merger applications, including broadening the number of...
FOMC once again leaves rates unchanged
The Federal Open Market Committee decided to maintain the target range for the federal funds rate at 5.25% to 5.5%.
Sen. Tester: Slashing debit interchange fee cap would hurt small banks
A Federal Reserve proposal to revise Regulation II to cut debit card interchange fees by as much as 30% would...
FDIC issues regulatory relief guidance for Alaska
The FDIC released guidance with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of...
Sen. Britt concerned about ‘aggressive’ regulatory agenda
Speaking at the 2024 ABA Washington Summit, Sen. Katie Britt (R-Ala.) expressed concern about the “aggressive agenda” being pushed by...
Rep. Gottheimer optimistic that changes coming to capital standards proposal
Rep. Josh Gottheimer (D-N.J.) said he was encouraged by Federal Reserve Chairman Jerome Powell’s recent comments that there will likely...
