Federal Court Issues Nationwide Stay of Vaccine Mandate
A federal appellate court on Friday issued a nationwide stay of enforcement of the emergency temporary standard that will require...
Policy
Former ABA Chair Calls for Equal Tax Treatment of Bank-Like Credit Unions
Former American Bankers Association Chair Laurie Stewart today called for policymakers to revisit the credit union tax exemption, which is...
Governors Call for Cannabis Banking Bill’s Inclusion in NDAA
A group of 24 Democratic and Republican governors yesterday called on Congress to include the SAFE Banking Act—an American Bankers...
Acting OCC Chief Addresses Climate Change Risk Regulation
In remarks today at the OCC, Acting Comptroller Michael Hsu indicated that the agency plans to address climate change risk...
Federal Court Issues Administrative Stay of Vaccine Mandate
A federal appellate court on Saturday issued an administrative stay of enforcement of the emergency temporary standard that will require...
Hsu: ‘Synthetic Banking Providers’ Should Adhere to Bank Regulations
Acting Comptroller of the Currency Michael Hsu today warned that the “rebundling of banking services by fintechs and the fragmented...
ABA Tells Congress It Supports Closing Reg Gaps Putting Financial System at Risk
In a statement for the record shared ahead of a House Financial Services subcommittee hearing on cyber threats and consumer...
ABA Emphasizes Need for Consumer Protection on Fintech ‘Buy Now, Pay Later’ Products
In a statement for the record submitted for a House Financial Services Fintech Task Force roundtable on “buy now, pay...
FSB Provides Update on Efforts to Enhance ‘Shadow Banking’ Resilience
The Financial Stability Board this week provided an update on its efforts to enhance the resilience of the nonbank financial...
Working Group Report: Stablecoins Should be Issued Only by Insured Depository Institutions
In a highly anticipated report today, President Biden’s Working Group on Financial Markets—in conjunction with the FDIC and the OCC—examined...
