Fed’s Bowman and OCC’s Hsu to Address Virtual ABA GRC Fall Meeting
Federal Reserve Board Governor Michelle Bowman and Acting Comptroller of the Currency Michael Hsu will address ABA's virtual Government Relations...
Policy
ABA Tells Financial Stability Board to Take a Balanced Approach to Money Market Fund Reforms
ABA today told the Financial Stability Board that additional regulation for the banking sector to address concerns regarding money market...
Financial Trades Strongly Oppose Fed’s Durbin Proposal
The American Bankers Association and five other financial trade groups yesterday urged the Federal Reserve to withdraw its proposal to...
ABA Supports Amendment Blocking Creation of New Account Flow Reporting Requirements
ABA today wrote to Senate leaders in support of an amendment to the budget resolution put forth by Sen. Mike...
Time’s Up: Congress Must Stop Credit Union Purchases of Taxpaying Banks
The trend of credit unions buying taxpaying community banks is back—and credit unions are becoming more aggressive than ever in...
SEC Approves Nasdaq Rules to Promote Board Diversity
The SEC last week approved new Nasdaq rules for companies listing on the stock exchange that will require them to...
Fed Announces Individual Capital Requirements for Large Banks
The Federal Reserve today announced individual capital requirements for banks with more than $100 billion in total consolidated assets. The...
OCC’s Hsu Says CRA Modernization on ‘Aggressive Timeline’
Testifying before the Senate Banking Committee today, Acting Comptroller of the Currency Michael Hsu said that the OCC has aggressive...
CFPB: No Extension for Effective Date of Debt Collection Final Rules
The Consumer Financial Protection Bureau today said it would not delay the effective date of two final rules issued under...
Financial Services Committee Passes Several ABA-Backed Bills
By a voice vote on Thursday, the House Financial Services Committee passed H.R. 4590, the Promoting New and Diverse Depository...
