Looking at Fintech through the Legislative Lens
A conversation with congressional financial technology leader Randy Hultgren.
Tag: Regulatory burden
In First Step to Simplify Capital Rules, Agencies Pause Basel III Phase-In for Most Banks
The Federal Reserve, FDIC and OCC today issued a proposed rule that would pause the transition to the Basel III ...
SBA Seeks Feedback on Burdensome, Excessive Regulations
In response to President Trump’s executive order requiring all federal agencies to reduce regulatory burden, the U.S. Small Business Administration ...
Lawmakers Call for Harmonization of Cybersecurity Regulations
A bipartisan group of lawmakers yesterday called for greater coordination on cybersecurity regulations among federal financial services regulators.
Survey: Compliance Officers Assess Reg Burden, Benefits
Banks continue to grapple with regulatory burden and question whether the new rules protect consumers, according to ABA’s biannual Survey ...
OCC Requests Comment on Volcker Rule Improvements
The OCC today issued a request for comment on revisions to the Volcker Rule.
ABA Recommends Changes to BSA/AML Regulations
In a comment letter to the Treasury department yesterday, ABA provided extensive feedback on several Bank Secrecy Act and anti-money ...
Mnuchin Underscores Tailored Regulatory Approach
Testifying before the House Financial Services Committee today, Treasury Secretary Steven Mnuchin outlined his recommendations for financial reform, including tailoring ...
Fed Nominee Quarles ‘Fully Supports’ Tailored Regulation
During his confirmation hearing today, Randal Quarles -- President Trump’s nominee to serve as Federal Reserve vice chairman for supervision ...
Nichols Emphasizes ‘Common-Sense’ Reg Reforms in New York Times
In a New York Times letter today responding to exaggerated claims about bankers’ regulatory relief efforts, ABA President and CEO ...
