Newsbytes
Fed Nominees Support Reg Reform, Maintaining Safety and Soundness
In testimony before the Senate Banking Committee today, Federal Reserve nominee Michelle Bowman highlighted the critical role that community banks...
Over-Emphasis on Enforcement at CFPB Leads to Inefficiency, ABA Says
The Consumer Financial Protection Bureau has to date over-emphasized enforcement activities as part of its regulatory toolbox, ABA said in...
FinCEN Clarifies Beneficial Ownership Reporting Requirements for Premium Finance Cash Refunds
As advocated by ABA, the Financial Crimes Enforcement Network today issued an administrative ruling to provide relief for institutions from...
Agencies Release Exam Procedures for Beneficial Ownership Rule
As the Financial Crimes Enforcement Network’s customer due diligence rule -- which includes a new requirement to verify “beneficial owners”...
ABA, Trade Groups Oppose ‘Rescission’ Cuts to CDFI Funding
ABA and three other trade groups today urged House and Senate appropriations leaders to oppose the Trump administration’s $15.4 billion...
HUD to Seek Public Comment on Disparate Impact Regulation
In a move long sought by ABA, the Department of Housing and Urban Development signaled today that it will seek...
