ABA Recommends Focus for Congressionally Mandated CECL Study
As the deadline for an ABA-advocated, congressionally mandated Treasury Department study of the current expected credit loss standard looms, ABA...
Policy
ABA to CFPB: Extend ‘GSE Patch’ Six Months Past QM Final Rule
ABA yesterday welcomed the Consumer Financial Protection Bureau’s proposal to extend the temporary “GSE patch”—which grants Qualified Mortgage status to...
Fed Issues Large Bank Capital Requirements
The Federal Reserve today issued individual capital requirements, taking effect Oct. 1, for banks with more than $100 billion in...
Nichols Op-Ed: Brokered Deposit Law ‘Woefully Outdated’
While the coronavirus pandemic has accelerated digital banking and deposit-taking, outdated laws stand in the way of a modern regulatory...
California Bankers, ABA Oppose Golden State Forbearance Bill
ABA joined the California Bankers Association and other industry groups in a letter opposing A.B. 1436, a bill introduced in...
ABA, Banking Groups Urge Upfront Clarity in PPP Extension Plan
As Congress negotiates a new round of coronavirus relief, including an extension of the Paycheck Protection Program, ABA and several...
ABA Supports DOL’s Re-Proposed Fiduciary Rule, Recommends Adjustments
ABA today welcomed the Department of Labor’s long-awaited re-proposal to regulate investment advice fiduciaries under the Employee Retirement Income Security...
State Associations: Include E-Sign Modernization Bill in COVID Relief Package
As Senate leaders continue to negotiate provisions in the latest round of legislative coronavirus relief, the 51 state bankers associations...
ABA Welcomes CFPB’s Reg Z Libor Transition Proposal, Recommends Tweaks
With the London Interbank Offered Rate relied on by many banks not guaranteed to be available after 2021, ABA and...
SBA Releases New PPP Forgiveness FAQs, Lending Data
The Small Business Administration today released a new set of frequently asked questions regarding the forgiveness of Paycheck Protection Program...
