ABA, State Associations Urge Rejection of State-Level Model Data Bill
ABA and 49 state bankers associations today urged the Uniform Law Commission to reject a draft of model state-level legislation...
Policy
OECD Tax Allocation Framework Excludes Regulated Financial Services
As part of global efforts to acknowledge the large and growing role of digital activities in the economy, the Organization...
CFPB Issues Compliance Bulletin on Consumer Reporting of Rental Information
With pandemic-related rental protections set to expire over the coming months, the Consumer Financial Protection Bureau today issued a compliance...
ABA: New Regulations Not Needed to Address Banks’ Use of AI
As banks move to responsibly integrate artificial intelligence and machine learning capabilities into their business processes, the American Bankers Association...
FinCEN Signals It Will Move ahead With No-Action Letter Rulemaking
The Financial Crimes Enforcement Network today signaled that it intends to move ahead with a rulemaking to establish a no-action...
Senate Lawmakers Introduce Bill to Level Playing Field Between Banks, FCS
Sens. Jerry Moran (R-Kan.), John Boozman (R-Ark.), Mike Rounds (R-S.D.), Kevin Cramer (R-N.D.) and Roger Marshall (R-Kan.) today introduced S....
Podcast: The Health of Savings in HSAs
More and more Americans are embracing health savings accounts, especially younger and middle-aged adults.
Fed Announcement Adds Complications to HOLA Flexibility
n a surprise announcement today at an mutual bank virtual forum co-hosted by the FDIC and OCC, a Federal Reserve...
CFPB Finalizes Rule to Assist Borrowers Affected by COVID-19
As expected, the Consumer Financial Protection Bureau today finalized a rule to facilitate streamlined loan modification efforts and establish a...
Fed’s Quarles Skeptical on Benefits of U.S. CBDC
Cautioning against “American susceptibility to boosterism and fear of missing out” leading to “occasionally impetuous, deluded crazes or fads,” Federal...
