Bowman shares ‘significant concerns’ about possible liquidity regulation
Liquidity regulation has the potential to impose significant costs and limit the lending capacity and business operations of banks, which...
Policy
SEC approves climate disclosure rule
The Securities and Exchange Commission voted approve new climate disclosure requirements for publicly traded companies.
Survey: Consumers value fraud protection when seeking financial services
More than two out of three consumers list good fraud protection as a top priority when choosing a new financial...
Powell: Broad changes likely coming to Basel endgame proposal
Federal Reserve Chairman Jerome Powell said that he expects there will be “broad and material” changes to the proposed Basel...
Missing the point on credit card APR margins
Contrary to showing anti-competitive behavior, as the CFPB misreads the data, credit cards are a competitive sector that has expanded...
Bipartisan group of lawmakers: Lowering debit fees could harm financial inclusion
A Federal Reserve proposal to lower debit interchange fees could make Bank On-certified accounts too costly for banks to offer...
FinCEN pauses certain BOI reporting due to court decision
FinCEN announced it would pause collecting beneficial ownership information from certain individuals and businesses in response to a court ruling.
CFPB to curtail credit card late fee safe harbor
The CFPB released a final rule sharply reducing allowable late fees on credit card payments. ABA said the rule is...
Rep. McHenry: Fed blundered policy response to bank failures
Federal Reserve regulators get “a failing grade” for their policy response to last year’s bank failures, House Financial Services Committee...
The FDIC’s unusual loan from the Federal Reserve
The FDIC’s unexplained decision to borrow from the Fed to resolve failed banks last spring — and the Fed’s choice...
