Browsing: Policy

Newsbytes

Ahead of tomorrow’s markup of the bipartisan Secure and Fair Enforcement Banking Act—which would address the issue of providing financial services to cannabis-related business—the American Bankers Association wrote to members of the House Financial Services Committee today in support of the bill.

Compliance

Responding to a request for feedback on consumer privacy legislation from Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Ranking Member Sherrod Brown (D-Ohio), ABA today emphasized banks’ strong privacy and data security framework under the Gramm-Leach-Bliley Act and called for Congress to take an approach that ensures consistent privacy protections while promoting marketplace efficiency.

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