Supervisory tailoring bill introduced in Senate
A bipartisan group of senators introduced legislation to raise the asset threshold under which banks are subject to longer examination...
Policy
SCAM Act introduced in House
Two House lawmakers have introduced legislation directing social media companies to take steps to fight fraudulent advertisements on their platforms....
ABA urges OCC to provide stronger safeguards, clearer rules for charter applicants
As the OCC considers revising its chartering rules, the agency should seek to uphold strong safety and soundness standards, increase...
Banking agencies rescind Liquidity Coverage Ratio rule FAQs
The banking agencies announced they are rescinding the FAQs on the Liquidity Coverage Ratio but will leave the documents online...
Federal court partially upholds Illinois interchange fee law
A federal court in Illinois partially upheld a first-of-its-kind state law restricting interchange fees for debit and credit card payments,...
Democrats urge courts to stop efforts to ‘dismantle’ CFPB
Nearly 200 Democratic and independent members of Congress this week filed an amicus brief urging the courts to halt what...
FHFA finalizes repeal of fair lending rule
FHFA has repealed a 2024 final rule that codified many of its existing practices and programs regarding fair housing and...
Fed’s Waller seeking ‘middle lane’ on ‘skinny’ master accounts
Federal Reserve Governor Christopher Waller provided an update on the feedback the Fed received about a proposal to create “skinny”...
ABA backs bank-related provisions in housing bill
ABA voiced support for several provisions in a legislative package intended to boost housing availability in the U.S., including language...
GAO releases first report on CFPB cuts
The Government Accountability Office released the first of two reports on the Trump administration’s efforts to scale back the activities...
