Economy
Banks Announce Wage Hikes, Charitable Contributions after Tax Reform Bill Passes
As the tax bill successfully passed Congress today, several companies—including banks of all sizes—announced plans to increase employee compensation and...
ABA Recommends Changes to Agencies’ Regulatory Capital Simplification Proposal
ABA today offered feedback to the federal banking agencies on a recent proposed rule that would simplify the complex Basel...
Landmark Tax Reform Bill Clears Final Vote; Enactment Could Happen in 2018
The tax reform bill cleared its final procedural hurdle today as the House voted again to approve the measure, marking...
Agencies Find No Deficiencies in Largest Banks’ ‘Living Wills’
The Federal Reserve and FDIC today determined that the nation’s eight largest banks did not have “deficiencies” in their July...
House Passes Bill Ending Arbitrary $50B Threshold for SIFI Status
The House today passed H.R. 3312, the Systemic Risk Designation Improvement Act of 2017.
Senate Blocks Garrett Nomination to Lead Ex-Im Bank
By a vote of 13 to 10, the Senate Banking Committee today rejected the nomination of former Rep. Scott Garrett...
Fed Issues Final Rules Amending Regs A, D
The Federal Reserve has adopted a final rule to increase the primary credit rate at the Federal Reserve Banks from...
ABA Supports SIFI Designation Bill
ABA today wrote to House leaders in support of H.R. 3312, the Systemic Risk Designation Improvement Act of 2017 --...
