Burgess Elected ABA Chairman
Ken Burgess was elected the 2017-18 ABA chairman today during the association’s Annual Convention in Chicago.
Ken Burgess was elected the 2017-18 ABA chairman today during the association’s Annual Convention in Chicago.
Meet Ken Burgess, a quiet but determined advocate for America’s banks.
In her year-in-review speech at the ABA Annual Convention today, outgoing ABA Chairman Dorothy Savarese highlighted the association’s year of advocating in the nation’s capital and empowering bankers to succeed.
More than 125 bankers today toured two Chicago neighborhoods whose redevelopment is being led by coalitions of banks, municipal groups and local community development nonprofits.
The White House is close to naming a community banker to the Federal Reserve Board of Governors, National Economic Council Director Gary Cohn told the American Bankers Association’s Annual Convention this morning in Chicago.
The OCC has changed its Community Reinvestment Act supervision policies to ensure a “logical nexus” between banks’ CRA-related activities and CRA performance evaluation ratings and to give “full consideration” to banks’ efforts to take corrective action, the agency said today.
The House Financial Services Committee today advanced eight ABA-backed regulatory reform bills, including several that ABA and the state bankers associations have long championed as part of ABA’s Blueprint for Growth.
On the latest episode of the ABA Newsbytes Podcast, Evan Sparks and Shaun Kern discuss the CFPB’s small-dollar lending rule, as well as survey findings from the Fed and CSBS that illuminate the effects of rising compliance costs at community banks.
In advance of the House Financial Services Committee’s plans to vote on several regulatory reform bills tomorrow and Friday, ABA today sent a memo to committee members outlining the association’s support for 10 bills on the agenda.