The implications of quantitative tightening for bank reserves
Do we take the FOMC at its word or focus on the Fed's repo borrowing program?
Policy
FATF updates list of jurisdictions under increased monitoring
The Financial Action Task Force has updated its lists of jurisdictions with strategic anti-money laundering and countering of the financing...
ABA supports resolution to overturn SEC crypto custody policy
ABA said it supports a proposed House joint resolution expressing congressional disapproval of a SEC policy on safeguarding cryptoassets.
ABA blasts misleading CFPB rhetoric on credit cards
ABA President and CEO Rob Nichols criticized the CFPB following a new report on “rigged” comparison-shopping results for credit cards...
FHFA announces changes to credit score modernization effort
FHFA announced that in response to public input, it is making changes to its planned implementation of new credit score...
ABA, associations: Cross-border payments standards would disadvantage U.S, banks
A set of proposed harmonization requirements for cross-border payments need to account for the implications and costs to U.S. depository...
ABA, state associations seek congressional hearing on credit unions
ABA and 52 state bankers associations urged lawmakers in the House and Senate to hold a hearing to determine whether...
CFPB planning new rules for data brokers later this year
CFPB Director Rohit Chopra said the bureau will propose new rules later this year to limit certain activities of data...
McConnell to step down as Senate Republican leader
Sen. Mitch McConnell (R-Ky.) announced that he will step down as the Senate Republican leader in November.
Déjà vu in state capitals
Legislation on ESG, artificial intelligence and interchange fees are once again on the table during the 2024 legislative sessions.
