The executive branch’s hidden agenda
How agencies use guidance to flout congressional safeguards on rulemaking.
Policy
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...
Research: Credit card routing bill benefits large retailers over small businesses
A proposed credit card routing mandate bill would result in the transfer of billions of dollars from consumers to the...
ABA, CBA urge FTC to exclude banks from proposed ban on ‘unfair’ fees
A Federal Trade Commission proposal to prohibit unfair or deceptive practices relating to fees for goods or services risks creating...
NCUA to require credit unions to report overdraft, NSF fees
The National Credit Union Administration is planning to require credit unions with more than $1 billion in assets to report...
