Fed Official: No Near-Term Plans for Climate Risk Weights, Stress Tests
Amid greater attention by policymakers worldwide to financial risks associated with climate change, a senior Federal Reserve official today said...
Policy
Colorado Banking Regulator Denies Community Bank Acquisition by Credit Union
The Colorado State Banking Board today denied the sale of a Colorado community bank to one of the state’s largest...
Lawmakers Concerned about ‘Real-World Impacts’ of CECL Standard
During a House Financial Services subcommittee hearing today, lawmakers on both sides of the aisle expressed serious concerns about the...
FHFA Weighs More Forceful Action on ‘Continued Threat’ of PACE Loans
Building on previous warnings about risks associated with home retrofitting loans financed through tax assessments, the Federal Housing Finance Agency...
ABA Calls for Quantitative Impact Study on CECL Ahead of House Hearing
With the nation’s largest banks now beginning to implement the current expected credit loss standard, the American Bankers Association continues...
ABA Addresses Crapo’s Concerns about Cannabis Banking Bill
After Senate Banking Committee Chairman Mike Crapo (R-Idaho) raised concerns last month about the ABA-supported SAFE Banking Act, ABA today...
OCC Seeks Bank-Specific Data to Inform CRA Revamp
Now that the OCC and FDIC have formally issued their proposal to modernize Community Reinvestment Act rules, the OCC is...
Brainard Floats Fed’s Alternative Ideas on CRA Modernization
Federal Reserve Governor Lael Brainard, the agency’s point person for the Community Reinvestment Act modernization process, today outlined the Fed’s...
OCC Proposes New Round of EGRPRA-Recommended Rule Changes
As part of its ongoing actions to implement regulatory relief identified by the decennial Economic Growth and Regulatory Paperwork Reduction...
Bakari Sellers, Leslie Sanchez to Keynote ABA Washington Summit
Bakari Sellers, a CNN political analyst and former South Carolina Democrat state legislator who at one time was the youngest...
