Basel Committee Publishes Papers to Guide Work on Climate Risk
The Basel Committee today published two papers on climate-related risk that will serve as a “conceptual foundation” as the committee...
Newsbytes
Senate Confirms Gensler as SEC Chairman
By a vote of 52 to 45 today, the Senate confirmed Gary Gensler to serve as chairman of the Securities...
Treasury Establishes New Office of Recovery Programs
The U.S. Treasury today announced the creation of the Office of Recovery Programs to administer economic relief and recovery programs.
ABA Past Chair: ‘We’ve Seen Great Results’ from PPP Loans
American Bankers Association Past Chair Laurie Stewart today said that her bank—Sound Community Bank in Seattle, of which she is...
ABA Executive Committee Discusses Sanctions, Economy with Deputy Treasury Secretary
In a meeting with members of ABA’s executive committee today, Deputy Treasury Secretary Wally Adeyemo said that he is in...
FinCEN Outlines Upcoming Work on Corporate Transparency Act
The Financial Crimes Enforcement Network’s Director of the Office of Regulatory Policy Barry Emmert today previewed the implementation process for...
ABA, Financial Groups Raise Concerns about Cyber Incident Notification Proposal
A new proposal by the federal banking agencies requiring that banks notify their primary regulator within 36 hours after developing...
Small Business Optimism Improves in March
The NFIB Small Business Optimism Index rose 2.4 points in March, measuring 98.2. This is the first return to average...
Consumer Prices Rise in March
The Consumer Price Index increased 0.6% in March on a seasonally adjusted basis, according to the U.S. Bureau of Labor...
ABA Urges SEC to Reform MMFs Without Focusing on Regulated Banks
In a comment letter today, ABA told the Securities and Exchange Commission that any reform of money market funds should...
