Hsu: Trust critical for community banks to maintain competitive edge
Communities will respond to businesses that truly understand them and that is community banks’ greatest strength, although maintaining the advantage...
Policy
Fed’s Bowman: Cumulative regulation is one of ‘greatest threats’ to community banks
One of the “greatest threats” to the community banking business model is the “cumulative impact” of new regulations and “changed...
Nichols highlights ABA’s proactive posture on regulatory overreach
Amid what he called a “tsunami of new regulations,” ABA President and CEO Rob Nichols kicked off the Conference for...
The executive branch’s hidden agenda
How agencies use guidance to flout congressional safeguards on rulemaking.
ABA, state associations: No justification for proposed board governance rule
A proposed FDIC rule to establish new guidelines for governance and risk management at supervised banks with at least $10...
ABA backs bills to prevent abuse of mortgage ‘trigger leads’
ABA urged Congress to pass legislation to ban the practice of credit reporting firms selling consumer contact information to lenders...
FCC rules that consent is required for AI-generated voices in outbound calls
The FCC issued a declaratory ruling concluding that speech generated by artificial intelligence falls under the Telephone Consumer Protection Act’s...
FinCEN proposes new residential real estate reporting requirements
FinCEN proposed a new rule to require certain professionals involved in real estate closings and settlements to report information to...
ABA to FCC: Protect critical calls to bank customers
ABA and seven trade associations urged the FCC to protect the ability of banks to place critical calls—such as fraud...
Commerce Department launches AI safety consortium
The Department of Commerce announced the creation of the U.S. AI Safety Institute Consortium, an advisory group with representatives from...
