Fed report: Banks resilient in face of financial market pressures
Financial market stresses do not appear to have exacerbated the negative effects on broader economic activity or created substantial pressure...
Policy
CFPB moves to scrutinize banks’ overdraft programs
As part of a pilot supervision effort, the CFPB has requested information on overdraft and non-sufficient funds practices from “over...
Basel Committee finalizes principles for managing climate-related financial risks
The Basel Committee on Banking Supervision yesterday issued a final set of principles in its consultation on the effective management...
FHFA: Congress must decide future of secondary mortgage market
Lawmakers must “determine the structure of and the secondary mortgage market for the post-conservatorship world,” the Federal Housing Finance Agency...
ABA, trade groups support retirement legislation
ABA this week joined a coalition of financial, insurance and employment trade groups in a letter supporting S. 4353, the...
Ad encourages Alabama senate candidate to fight expanded IRS reporting proposal
The proposal would mandate that financial institutions report information on gross inflows and outflows of all customer accounts above a...
CFPB seeks feedback on consumers’ ability to obtain information from large institutions
The CFPB is seeking public feedback “related to relationship banking and how consumers can assert the right to obtain timely...
ABA opposes overdraft bill ahead of committee markup
Ahead of a markup scheduled to begin tomorrow in the House Financial Services Committee, ABA sent a memo to lawmakers...
Basel officials warn of ‘unrealistic’ expectations for banks in green transition
Top economic and regulatory officials at the Basel, Switzerland Bank for International Settlements emphasized the limits of the financial industry’s...
ABA, state associations thank Reps. Correa, Fitzpatrick
ABA joined the California Bankers Association and the Pennsylvania Bankers Association today in releasing voter education ads recognizing two lawmakers...
