Tag Archives: regulatory burden

ABA Action Update Covers First Four Months of New Congress

In the first four months of the 114th Congress, 28 ABA-supported bills have been introduced, ABA bankers and staff have testified before Congress four times, the Federal Reserve finalized an ABA-advocated rule change helping smaller banks and ABA Chairman John Ikard participated in President Obama’s cybersecurity summit.

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ABA Seeks Letters to Congress on Pending Legislation

ABA is asking bankers to write their senators and representatives to enlist their support for several bipartisan bills introduced in recent weeks as part of ABA’s Agenda for America’s Hometown Banks: ​Data security. This alert urges senators to co-sponsor S. 921, which would strengthen data security standards for all players and recognize the high standards already employed by the banking ...

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ABA-Advocated Exam Fairness Bill Introduced in House

Joined by 29 bipartisan cosponsors, Reps. Lynn Westmoreland (R-Ga.) and Carolyn Maloney (D-N.Y.) yesterday introduced H.R. 1941, which would help address ongoing concerns about the lack of consistency and quality in the bank examination process.

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​FDIC’s Hoenig Adds Weight to Tailored Regulatory Approach

FDIC Vice Chairman Thomas Hoenig today became the latest regulator to emphasize the need to tailor regulations to suit banks’ risk profiles and business models, suggesting several ways that regulatory burdens could thus be lightened for “the vast majority of commercial banks.”

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Keating Shares Banking Perspective in NYC Interviews

ABA President and CEO Frank Keating offered perspective on a wide range of issues -- from banking regulation, interest rate increases and the low labor force participation rate to the Meerkat app and presidential politics -- in interviews with New York City media outlets yesterday.

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