Senate Democrats urge Trump to fill vacancies at FDIC, SEC
In a new letter, the Democratic members of the Senate Banking Committee criticized President Trump for not nominating any Democrats...
Policy
ABA backs proposed overhaul of BSA program rule
ABA said it strongly supports the shift toward risk-based compliance in a proposed overhaul of the Bank Secrecy Act program...
ABA urges regulators to uphold AML/CFT, sanctions requirements for all stablecoin issuers
As federal regulators draft anti-money laundering and sanctions regulations for payment stablecoin issuers, they need to address the financial crime...
ABA seeks further revisions to draft W-9 tax form
ABA said that while it appreciates the IRS incorporating its recommendations into the proposed revisions to W-9 tax forms, the...
ABA to FCC: Restrict number resale and number ‘cycling’
ABA expressed support for the FCC’s proposals to strengthen its numbering policies — which govern how phone numbers are distributed...
ABA seeks level playing field in stablecoin regulation
ABA urged the FDIC to harmonize its proposed rulemaking to implement the Genius Act with rules put forward by other...
FDIC’s Hill outlines proposed changes to resolution planning, DIF assessments
The FDIC is exploring whether to “significantly” slim down its resolution planning requirements for large banks and make several adjustments...
Proposed tax break for crypto yield could reshape how Americans save
Departing from the key principle of tax parity with crypto activities would not clarify the rules. It would tilt the...
ABA: Proposed rule would further erode legal restrictions on credit union membership
A proposal to ease “common bond” membership requirements for federal credit unions is part of a series of policy actions...
NCUA adopts rule to assert federal preemption over state interchange laws
The NCUA is issuing an interim final rule to clarify the powers of federal credit unions to charge certain fees,...
