Podcast: OCC’s Brooks Plans to Unveil ‘Payments Charter 1.0’ This Fall
The OCC is planning to unveil what Acting Comptroller Brian Brooks called "payments charter 1.0" as soon as this fall,...
Policy
ABA Urges FHFA to Revisit FHLB Ban on Captive Insurers
As the Federal Housing Finance Agency weighs a rulemaking process on Federal Home Loan Bank membership eligibility, the American Bankers...
Industry Groups Oppose Rakuten’s Re-Submitted Deposit Insurance Application
The American Bankers Association joined the Bank Policy Institute and the Consumer Bankers Association today in expressing strong opposition to...
Financial Regulators Issue Examiner Guidance for Assessing COVID-19 Effects
Recognizing the significant and long-lasting effects of the coronavirus pandemic on financial institutions, federal and state financial regulators today issued...
ABA: House Bill Would Undermine Usefulness of Credit Reports
In a letter to House leadership today, the American Bankers Association expressed its opposition for H.R. 5332. Introduced by Rep....
SBA Implements PPP Loan Forgiveness Changes in Rule
The Small Business Administration tonight issued a new interim final rule implementing in regulation changes made to the Paycheck Protection...
CFPB Proposes Changes to QM Rule, Extension for Temporary ‘GSE Patch’
The Consumer Financial Protection Bureau today took a significant step to revise its Qualified Mortgage rule, issuing a proposal to...
FDIC, OCC Trim Effects of COVID-Related Loan Growth on Assessments
Noting that many banks grew loans substantially in response to credit needs during the coronavirus pandemic, the OCC and FDIC...
Quarles: Large Bank Stress Tests to Assess Industry Performance Under COVID-19 Scenarios
The latest stress test results for the nation’s largest banks will include a “sensitivity analysis” of how institutions would perform...
ABA, Industry Groups Call for Five-Member, Bipartisan CFPB Commission
The American Bankers Association joined a broad coalition of financial and housing industry groups today in a letter of support...
