Financial Trades Raise Concerns About Potential OCC Payments Charter
The American Bankers Association joined several financial trade associations today in a letter to Acting Comptroller of the Currency Brian...
Newsbytes
IRS Issues Final Guidance Addressing Business Interest Expense Deduction Limitations
The Internal Revenue Service today released a long-awaited package of final regulations addressing restrictions on deducting net interest expense, pursuant...
CFPB Seeks Input on Preventing Credit Discrimination
The Consumer Financial Protection Bureau today issued a request for information seeking on ways to create a regulatory environment that...
Fed to Extend Lending Facilities through Year-End
The Federal Reserve today announced that it would extend to year-end several lending facilities that were established to help support...
Nichols Calls on Bankers to Address Racial Inequities
Speaking at the ABA Risk and Compliance Virtual Conference this morning, ABA President and CEO Rob Nichols praised the industry’s...
Brooks: OCC to Take ‘Serious Look’ at Oil and Gas Lending Decisions
The OCC will take a "serious look" at certain bank decisions not to lend to oil and gas projects in...
ABA Study Provides Window into Pre-COVID, Post-COVID Construction Lending
ABA today released a research study examining banks’ construction lending activity.
Durable Goods Rose 7.3% in June
New orders for manufactured durable goods in June increased 14.0 billion or 7.3% to $206.9 billion, according to the U.S....
ABA Urges FinCEN to Refine SAR Burden Calculation Methodology
While the Financial Crimes Enforcement Network’s effort to calculate and evaluate the burden of filing Suspicious Activity Reports is a...
ABA, Business Groups Urge Senate to Pass Board, Exec Diversity Bill
ABA joined the U.S. Chamber of Commerce and several other financial and business trade groups in urging the Senate Banking...
