ABA, along with three trade associations and the U.S. Chamber of Commerce, wrote a letter to the Consumer Financial Protection Bureau urging the Bureau to create a Small Business Regulatory Enforcement Fairness Act panel prior to proposing rules to regulate arbitration.
The OCC hosted the Mutual Savings Associations Advisory Council on April 28, 2015, at OCC headquarters in Washington, D.C. Comptroller Tom Curry greeted the 10-member group—all of whom are ABA members—by again stating his steadfast support for the mutual charter and by praising the recently introduced mutual legislation for thrift charter flexibility championed by Rep. Keith Rothfus (R-Pa.).
Real GDP growth fell sharply in the third quarter, growing at a 0.2 percent seasonally adjusted annual rate according to the Bureau of Economic Analysis’s advance estimate.
Two patents for check-imaging processes that were being asserted against banks have been invalidated.
In the first four months of the 114th Congress, 28 ABA-supported bills have been introduced, ABA bankers and staff have testified before Congress four times, the Federal Reserve finalized an ABA-advocated rule change helping smaller banks and ABA Chairman John Ikard participated in President Obama’s cybersecurity summit.
ABA yesterday repeated its call for the Department of Labor to extend the comment period for its rule redefining who counts as a fiduciary under the Employee Retirement Income Security Act.
An introductory note from Frank Keating about the new ABA Banking Journal and news site.
The 20-City Case-Schiller Composite gained 5.0% year-over-year in February, compared to a 4.5% increase in January.
NACHA, the electronic payments association, today issued a ballot to its members to vote on a revised rule change to implement same-day ACH transactions.