Three Takeaways from CRA Modernization
Provisions of OCC final rule will make CRA examination more consistent and predictable and have enjoyed widespread support. Other portions...
Policy
Fed Publishes Partial State-by-State List of MSLP Lenders
The Federal Reserve today unveiled an interactive state-by-state map listing lenders participating in the Main Street Lending Program that have chosen...
ABA Chair Stewart ‘Deeply Concerned’ About Credit Union Field of Membership Expansion
The Supreme Court’s recent denial of the American Bankers Association’s appeal in a case challenging the National Credit Union Administration’s...
CFPB Ratifies Previous Actions Following Supreme Court Decision
Following the Supreme Court decision last week in Seila Law v. CFPB—which held that the bureau may continue to operate but...
Quarles: Post-2008 Reforms Aided Large Banks’ Pandemic Response
Regulatory reforms adopted by the world’s largest banks have bolstered the financial system’s ability to absorb the sudden economic shocks...
Supreme Court Upholds TCPA, Severs Government Debt-Related Calls Exception
In a widely anticipated decision, the Supreme Court held today in Barr v. American Association of Political Consultants that the Telephone Consumer...
Fed: Main Street Lending Program Is Fully Operational
The Federal Reserve announced that its Main Street Lending Program is fully operational as of today.
SBA Releases Data on Paycheck Protection Program Borrowers, Loans
The Small Business Administration today released public data on Paycheck Protection Program participants, including borrowers and lenders, as of June 30.
ABA Welcomes E-Sign Modernization Bill
The American Bankers Association today welcomed a bill authored by Sens. John Thune (R-S.D.), Jerry Moran (R-Kan.) and Todd Young...
CFPB Updates Rulemaking Agenda
The Consumer Financial Protection Bureau this week announced updates to its rulemaking agenda. Items on the agenda and their associated...
