Podcast: How the OCC’s Premises Proposal Could Hamstring Bank Operations

The White House today ordered federal regulators to roll back or tailor regulations to expand access to mortgages and spur new housing construction.

On the latest episode of the ABA Banking Journal Podcast, Rob Nichols reflects on the ABA Washington Summit, including stablecoin regulation, credit card policy challenges, federal preemption, and bipartisan legislation on fraud.

A recent study of community development financial institution small-dollar loans to microbusinesses found that most borrowers improved their business outcomes, although some entrepreneurs struggled with managing their debt.

The Securities and Exchange Commission and the Commodity Futures Trading Commission announced that they have agreed to coordinate oversight and promote regulatory clarity in areas of common regulatory interest, such as cryptocurrencies.

Federal Reserve Vice Chair for Supervision Michelle Bowman previewed a series of proposed bank capital reforms she said would reduce capital requirements for large banks by a small amount and result in “slightly larger” reductions for smaller banks.

The Senate passed a bipartisan bill seeking to boost housing supply by removing regulatory barriers and creating incentives for communities that build more homes.