ABA Seeks Pause on Basel Transition Period
The American Bankers Association today wrote to the heads of the federal regulatory agencies requesting that regulators pause the Basel...
Newsbytes
Mnuchin: Foreign Investment in U.S. Banking Industry Drives Economic Growth
Foreign investment in the U.S. banking system helps to diversify the financial system and drive economic growth, Treasury Secretary Steven...
Fed’s Fischer: Government Backing of Housing Market Should Be Explicit, Not Implicit
Government guarantees of mortgage-related assets should be explicit, not implicit, Federal Reserve Vice Chairman Stanley Fischer said in remarks today.
Yellen Signals Greater Transparency in Stress Tests
In a letter to Rep. Blaine Luetkemeyer (R-Mo.) last week, Federal Reserve Chair Janet Yellen said that the Fed will...
ABA, Financial Trade Groups Meet with Trump Team on Tax Reform
As the Trump administration works to advance its tax reform initiative, ABA today took part in a meeting with representatives...
Trump Names Banking Lawyer to Lead FDIC
President Trump today said he would nominate James Clinger to serve as FDIC chairman.
CFPB Proposes Further Changes to Prepaid Rule; Issues Compliance Guide
The Consumer Financial Protection Bureau today proposed several changes to its final rule on prepaid products, whose implementation has been...
House Committee Passes Two Flood Insurance Bills
The House Financial Services Committee today approved two bills as part of a legislative package intended to reauthorize the National...
