Household Debt Continues Up
Outstanding household debt increased by 0.9% in the first quarter of 2019, rising by $124 billion to land at $13.67...
Newsbytes
ABA, Trade Group CEOs to Financial Institutions: Join Sheltered Harbor
The CEOs of six major financial industry trade groups—including ABA President and CEO Rob Nichols—wrote to the CEOs of all...
SEC Proposes Changes to Derivatives Regulatory Framework
The Securities and Exchange Commission last week issued a proposal and interpretive guidance aimed at improving its framework for regulating...
ABA Supports Fed Approach on ‘Narrow Bank’ Issue
ABA today expressed its support for the Federal Reserve’s proposed approach toward so-called narrow banks.
CFPB Seeks Feedback on Regulatory Review, Overdraft Rule
The Consumer Financial Protection Bureau today issued a notice detailing how it will periodically review regulations as required by the...
Op-Ed Highlights Consequences of NCUA Appraisal Threshold Proposal
A move by the National Credit Union Administration to quadruple the appraisal threshold for nonresidential real estate loans could have...
Consumer Prices Rise in April
The Consumer Price Index rose 0.3 percent in April on a seasonally adjusted basis, according to U.S. Bureau of Labor...
Citing Economic Risk, Senators Call for CECL Delay, Study
Led by Sens. Thom Tillis (R-N.C.) and Doug Jones (D-Ala.), a bipartisan group of 15 senators wrote to the Federal...
Fed Report: Bank Capital ‘Well Above Regulatory Requirements’
With Vice Chairman for Supervision Randal Quarles scheduled to testify on Capitol Hill next week, the Federal Reserve today released...
ABA Pushes Back on Ocasio-Cortez, Sanders Cap on Consumer Loan Rates
After Rep. Alexandria Ocasio-Cortez (D-N.Y.) and Sen. Bernie Sanders (I-Vt.) today unveiled a bill that—among other things—would cap consumer loan...
