HUD Proposal Would Align ‘Disparate Impact’ Rule with Court Ruling
The Department of Housing and Urban Development will propose a new standard for bringing “disparate impact” claims under the Fair...
Policy
State Associations Call for Increased Credit Union Oversight
A group of 51 state bankers associations wrote to congressional leaders today calling for a review of the credit union...
Senators Call for Faster Pace on Reg Reforms
A group of 13 Republicans on the Senate Banking Committee today urged the federal banking agencies to accelerate implementation of...
ABA Urges NCUA to Implement RBC Rules without Delay
In a letter to the National Credit Union Administration board Friday, ABA expressed grave concern over NCUA’s recent vote to...
Banker Op-Ed: CECL Is Solution in Search of Problem
The Financial Accounting Standards Board’s current expected credit loss model for loan loss accounting is a solution in search of...
CFPB Seeks Feedback on ‘QM Patch’ Ahead of 2021 Expiration
The Consumer Financial Protection Bureau today issued an advance notice of proposed rulemaking seeking feedback on the upcoming expiration of...
ABA Seeks Greater Regulatory Clarity About Hemp
While the 2018 Farm Bill reclassified hemp as a legal agricultural commodity, banks still face challenges in serving hemp producers...
Colorado Banker Highlights Public Benefits of Banking Legitimate Cannabis Businesses
In testimony today before the Senate Banking Committee, American Bankers Association banker Joanne Sherwood urged lawmakers to pass the bipartisan...
NCUA Appraisal Action Creates Inconsistent Regulatory Standard
By a two-to-one vote, the National Credit Union Administration board today finalized a controversial proposal to raise the threshold at...
ABA, CUNA Call on Lawmakers to Solve Cannabis Conundrum
In a joint op-ed in Fox Business today, ABA President and CEO Rob Nichols and Credit Union National Association President...
