Treasury Designates New Acting Comptroller of the Currency
Treasury Secretary Janet Yellen today announced that she will appoint Michael Hsu to serve as first deputy comptroller of the...
Policy
ABA, Financial Trade Associations Oppose Repeal of OCC’s ‘True Lender’ Rule
The American Bankers Association and a group of financial trade associations today opposed the use of the Congressional Review Act...
ABA Urges IRS to Delay New Draft Retirement Forms
The American Bankers Association urged the IRS yesterday to delay the use of new draft forms W-4P and W-4R, which...
Fed Proposes Guidelines for Payments System Access
In a significant move today, the Federal Reserve proposed new guidelines that it will use when evaluating requests for master...
ABA Supports Bill to Encourage De Novo Bank Formation
The American Bankers Association today submitted a letter of support for H.R. 2561, the Promoting Access to Capital in Underbanked...
ABA Recommends Standards for FinCEN Beneficial Ownership Registry
As the Financial Crimes Enforcement Network prepares to create a new beneficial ownership registry, ABA made several recommendations that should...
FHFA Issues Final Rule Requiring GSE Resolution Planning
The Federal Housing Finance Agency today finalized a rule requiring Fannie Mae and Freddie Mac to develop resolution plans to...
Powell: Broad Effort Needed for All to Benefit from Economic Recovery
The Federal Reserve is focused on addressing “long-standing disparities” in unemployment, “because they weigh on the productive capacity of our...
A Field Guide to Coming AML/BSA Reforms
Recent legislative changes will keep banks’ Bank Secrecy Act officers busy for years to come. Here’s a CEO’s-eye view of...
Rep. Kim Thanks Banking Industry For Work on PPP
In an address during ABA's Emerging Leaders Forum today, Rep. Young Kim (R-Calif.), one of the first Korean American women to...
