Financial stability council to focus on regulatory burden, economic security
The Financial Stability Oversight Council will take an expanded view of the term “financial stability” moving forward by examining whether...
Policy
Fed reappoints regional presidents
The Federal Reserve board unanimously reappointed the Reserve Bank presidents and first vice presidents. By law, all presidents and first...
House subcommittee explores right-sizing bank capital requirements
Republican subcommittee members called for a “right-sized” framework that doesn’t overly burden smaller institutions and one Democratic leader promised a...
ABA’s Nichols, Camper, Sutton named 2025 top lobbyists
The Hill newspaper announced that ABA President and CEO Rob Nichols, Chief Policy Officer Naomi Camper and EVP of Congressional...
OCC releases preliminary findings on alleged debanking by large banks
The OCC said it is continuing to review thousands of documents and consumer complaints but claimed to find instances where...
ABA offers framework for AI legislation
ABA submitted a list of principles to guide any legislation relating to artificial intelligence in financial services, stressing that Congress...
FOMC lowers rates by 25 basis points
The Federal Open Market Committee voted to lower the target range of the federal funds rate by 25 basis points,...
OCC’s Gould criticizes court ruling to enforce Colorado rate cap
Comptroller of the Currency Jonathan Gould criticized a recent federal court decision leaving in place a Colorado law that caps...
IRS issues guidance on health savings account provisions in tax bill
The IRS released guidance on new tax benefits for health savings account participants under a tax package passed by Congress...
OCC: National banks can engage in riskless principal crypto transactions
The OCC issued new guidance for agency staff stating that national banks may engage in riskless principal crypto-asset transactions.
