ABA Supports Legislation to Ease Health Care Costs for Seniors
The American Bankers Association’s Health Savings Account Council today applauded the introduction of H.R. 3796, the Health Savings for Seniors...
Newsbytes
NCUA Appraisal Action Creates Inconsistent Regulatory Standard
By a two-to-one vote, the National Credit Union Administration board today finalized a controversial proposal to raise the threshold at...
ABA, CUNA Call on Lawmakers to Solve Cannabis Conundrum
In a joint op-ed in Fox Business today, ABA President and CEO Rob Nichols and Credit Union National Association President...
ABA, State Bankers Associations Call for Early Adoption for Regulatory Capital Relief
The American Bankers Association and 52 state associations wrote to the heads of the financial regulatory agencies yesterday urging them...
CFPB Issues Advisory on Reporting Elder Financial Abuse
The Consumer Financial Protection Bureau yesterday released an advisory to financial institutions for reporting suspected elder financial exploitation.
New Treasury Guidance Offers Greater Flexibility for Americans with High-Deductible Plans
Following an executive order by President Trump, the Treasury Department and IRS today issued guidance expanding the preventative care benefits...
Agencies Delay Action on Foreign Funds Under Volcker Rule
The federal banking agencies announced today that they would defer for an additional two years action related to restrictions for...
FASB to Delay CECL Implementation for Some Institutions
In a significant move, the Financial Accounting Standards Board today voted to propose a delay for the implementation of the...
Nichols: Banks Prepared for Interest Rate Uncertainty
Despite economic headwinds and uncertainties around the Federal Reserve’s next move on interest rates, the banking sector remains strong and...
FDIC Issues Proposal to Revise Securitization Safe Harbor Rule
The FDIC today said it would issue a notice of proposed rulemaking to amend its securitization safe harbor rule, which...
