As part of the short-term deal to fund the government until mid-January, Congress has extended authorization for the National Flood Insurance Program until Jan. 19, 2018. ABA will continue to work with Congress to advance a long-term NFIP reauthorization to be included with an expected omnibus budget bill in January or passed as standalone legislation. As part of a long term reauthorization, ABA will continue to advocate for important program reforms to increase the availability and affordability of coverage for all at-risk properties. For more information, contact ABA’s Joe Pigg.
ABA, state associations urge Congress to repeal CFPB’s overdraft rule
ABA joined 52 state bankers associations in expressing strong support for a resolution of disapproval introduced by lawmakers that would invalidate the CFPB’s final rule on overdraft protection.