When the Truth About Credit Unions Hits Close to Home
The unequal tax treatment of credit unions is driving acquisitions of community banks—making it more attractive in many instances for...
Policy
Adrienne Harris to Lead Top New York Financial Regulatory Agency
New York Gov. Kathy Hochul today said she will name Adrienne Harris as superintendent of the New York State Department...
SBA: PPP Direct Forgiveness Remains Optional but Encouraged
The Small Business Administration today clarified that its Paycheck Protection Program direct forgiveness portal remains optional for lenders and borrowers,...
Trade Groups Warn Against Re-codifying 2013 Disparate Impact Rule
The American Bankers Association and three other banking and mortgage groups today warned that re-codifying the Department of Housing and...
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...
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...
