Sens. Sasse, Lee Urge Trump to Dismiss Cordray Immediately
Sens. Ben Sasse (R-Neb.) and Mike Lee (R-Utah) today urged President-Elect Trump to dismiss Consumer Financial Protection Bureau Director Richard...
Legal
The Slippery Business of Surcharging
The nation’s highest court will soon hear a challenge brought by merchants against anti-surcharging laws.
Compliance Issues to Watch in 2017
Mortgage servicing, fair lending, vendor risk management and sales practices are among top priorities, according to ABA experts.
Supreme Court to Hear Key Patent Troll Case
The Supreme Court said today that it would hear the case of TC Heartland v. Kraft, which the American Bankers...
ABA Sues Credit Union Regulator Over Field of Membership Rule
Immediately after the National Credit Union Administration's publication today in the Federal Register of a controversial final rule further expanding...
OCC to Grant Federal Charters to Fintech Firms
The OCC “will move forward” with plans to provide special-purpose national bank charters to financial technology firms, Comptroller of the...
Federal Judge Blocks Overtime Rule from Taking Effect Next Week
A federal judge in Texas today blocked the Department of Labor's final rule doubling the salary level used to determine...
DOJ: Overseas Banks Must Share AML Information with U.S. Branches
Foreign banking organizations with U.S. operations need to ensure that their foreign operations are in compliance with U.S. anti-money laundering...
Treasury’s Szubin: Banks Must Make ‘Conscientious’ Derisking Decisions
Banks and regulators have a “shared responsibility to expand access to the financial system while protecting it from illicit activity,”...
