Understanding key ESG concepts: a glossary
ESG? Fair access? Transition risk? Sustainable investing? Find out what these and more mean exactly.
Policy
ABA, state associations oppose credit union charter enhancement bill
Ahead of a markup in the House Financial Services Committee, ABA and 51 state bankers associations urged lawmakers to oppose...
Treasury releases 2022 plan for combating terrorist funding
Treasury’s strategy identifies four priorities to address the most significant illicit finance threats to the U.S. financial system.
Bipartisan group of 24 senators urges passage of SAFE Banking Act
As lawmakers attempt to reconcile the House and Senate versions of the America Competes Act, a bipartisan group of 24...
Powell confirmed to second term as Fed chairman
By a vote of 80 to 19, the Senate confirmed Jerome Powell to a second term as chairman of the...
OCC’s Hsu: Time to update bank merger analysis frameworks
Hsu said frameworks for analyzing bank mergers need updating, but a merger moratorium would prevent deals that increase competition, better...
SEC to extend comment period for proposed climate disclosure rule
The Securities and Exchange Commission today said that it would extend the comment period for its recently proposed climate disclosure...
Agencies propose highly anticipated CRA overhaul
The Federal Reserve, FDIC and OCC issued a much-anticipated joint notice of proposed rulemaking to modernize regulations implementing the Community...
Senate hearing rekindles debate over Durbin amendment
At a Senate Judiciary Committee hearing, banking, credit card industry representatives and some lawmakers pushed back against proposals to expand interchange...
Financial industry groups unite to oppose flawed interchange regulations
Ahead of a hearing in the Senate Judiciary Committee on credit and debit card interchange fees, ABA joined with a...
