CFPB nominee Johnson pledges to restore accountability at agency
Brian Johnson, the nominee to lead the CFPB, told lawmakers that he would promote accountability at the agency by ensuring...
Policy
Hispanic business group warns Clarity Act will harm local lending
A market structure bill for digital assets threatens to weaken the financial ecosystem supporting Hispanic-owned businesses by spurring the migration...
Is the FDIC’s 2% Designated Reserve Ratio still the right target?
The FDIC’s 2% Designated Reserve Ratio was developed using information available during the financial crisis. Subsequent experience and structural changes...
Rethinking the reserve ratio
Should the denominator reflect the assessment base? A technical analysis
ABA, associations: Updated crypto market structure bill still puts local lending at risk
The latest version of a proposed market structure bill for digital assets still puts at risk the local lending that...
Main Street Capital Access Act would extend CDFI bond guarantee program
A major bank policy bill passed by the House includes language to help smaller community development financial institutions and require...
FCC proposes strengthening Robocall Mitigation Database
The FCC voted 3-0 to issue a proposal to strengthen the Robocall Mitigation Database. ABA expressed support for the proposal...
Directors Briefing: For stablecoins and tokenized deposits, the value of focusing on strategy
The takeaway is not that every bank needs a stablecoin strategy tomorrow. It is that stablecoins are no longer purely...
House passes Main Street Capital Access Act
The House passed the Main Street Capital Access Act by a 270-155 vote. The bill seeks to boost community banking...
Nichols: ABA seeks ‘surgical’ changes to crypto market structure bill
ABA isn’t opposed to market structure legislation for digital assets but is seeking “tiny, surgical” changes to ensure the Genius...
