Lawmakers Challenge CFPB Arbitration Study
Eighty-five Republican members of the House and Senate in a letter Wednesday urged the Consumer Financial Protection Bureau to reopen...
Newsbytes
California Bankers Op-Ed Challenges CU Tax Exemption
Seizing on the news that Golden 1 Credit Union has purchased the naming rights to a new sports arena in...
Mortgage Rates Take Downward Turn
The rate for a 30-year fixed-rate mortgage averaged 4 percent this week, down from last week’s 4.04 percent, Freddie Mac...
CPI Increases on Higher Energy Prices
The Consumer Price Index increased 0.4% in May on a seasonally adjusted basis, led by sharp increases in prices for...
‘Fair Pay and Safe Workplaces’ Proposal Released; Most Banks Not Covered
On May 28, the Labor Department, the Defense Department, the General Services Administration, and NASA jointly published proposed requirements and...
ABA Launches Center for Bank Derivatives Policy
ABA this week launched its new Center for Bank Derivatives Policy, which brings together resources for banks focused on the...
ABA School for Bank Marketers, Managers Concludes
Thirty-nine students graduated last night from ABA’s School of Bank Marketing and Management in Atlanta.
CFPB to Delay TRID Effective Date to Oct. 1
Consumer Financial Protection Bureau Director Richard Cordray announced today that the bureau is proposing to push back the effective date...
Fed Holds Steady
Though the Committee noted that economic activity has expanded moderately after the first quarter, the Federal Reserve Open Market Committee...
Regulators Focusing on Change Management in Exams
Change management and vendor risk management are key overarching compliance concerns, according to senior regulatory officials at ABA’s Regulatory Compliance...
