Regulators release proposed Call Report changes under capital standards
The Federal Reserve, FDIC and OCC have released proposed revisions to Federal Financial Institutions Examination Council reports—including the Call Report—that...
Policy
Adding insult to injury: How regulators are making homebuying even more expensive
The wave of new regulations will only exacerbate the crisis, leaving consumers with higher costs and fewer options
Bank buys raise questions about the ‘credit union difference’
Credit unions are swallowing up tax-paying banks at an alarming rate, using the tax break lawmakers granted them to serve...
FinCEN seeks to sever ties between Iraqi bank, U.S. financial institutions
FinCEN issued a finding concluding that the Iraqi-based Al-Huda Bank is a foreign financial institution of primary money laundering concern
ABA’s Nichols outlines regulatory ‘tsunami’ effects on banking sector
At the 2024 Insurance Risk Management Forum, ABA President and CEO Rob Nichols discussed the state of the regulatory landscape...
OCC proposes revised process for approving bank mergers
The OCC proposed a new rule to end the time limit for automatic approvals of mergers of the banks that...
ABA, associations: IRS unreasonably blocking access to income verification system
ABA joined 10 financial sector trade associations to urge lawmakers to pass a bill that would prevent the IRS from...
Research: Fed proposal to lower debit interchange fees will cost consumers billions
If the Federal Reserve’s proposal to reduce the debit interchange fee cap is finalized, consumers will pay an extra $1.3...
Fed’s Bank Term Funding Program to wind down March 11
The Federal Reserve announced that the Bank Term Funding Program will cease making new loans as scheduled on March 11.
CFPB proposes banning NSF fees for instantaneous transactions
The CPFB proposed what it characterized as a “proactive step” to prevent banks and other financial institutions from charging fees...
