OCC seeks comment on proposed DOGE regulatory rollbacks
The OCC is proposing to rescind regulatory language tied to diversity efforts and credit risk retention as part of President...
Compliance and Risk
Treasury begins review of CDFIs for alleged violations
The Treasury Department announced it has begun a review of certified community development financial institutions to identify potential legal violations...
ABA supports proposal to remove reputation risk from Fed supervision
A recent proposal by the Federal Reserve to remove reputation risk from its bank supervision will enhance objectivity and allow...
Agencies finalize changes to community bank leverage ratio
Federal banking agencies finalized interagency rulemaking to expand the eligibility criteria for the community bank leverage ratio, adopting changes first...
ABA supports issuance of ‘know your customer’ proposal for originating providers
ABA expressed its support for FCC Chairman Brendan Carr’s decision to schedule a vote on issuing a proposal that would...
Scam Center Strike Force targets Southeast Asian scam center network
The Treasury Department’s Office of Foreign Assets Control sanctioned a Cambodian senator and 28 individuals for their alleged roles in...
FDIC issues relief guidance for Mississippi, Tennessee banks affected by storms
The FDIC released guidance with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of...
Agencies ease federal restrictions on state-regulated marijuana products
The Department of Justice and Drug Enforcement Administration announced they have reclassified marijuana and marijuana products regulated by state medical...
House Republicans unveil data privacy bills
The proposed laws would work in concert to create a national privacy standard for banks to follow rather than the...
Podcast: ABA’s ecosystem strategy to tackle fraud
On the latest episode of the ABA Banking Journal Podcast and ABA Fraudcast, Rob Nichols and Paul Benda provide several...
