House Passes Bill Ending Arbitrary $50B Threshold for SIFI Status
The House today passed H.R. 3312, the Systemic Risk Designation Improvement Act of 2017.
The House today passed H.R. 3312, the Systemic Risk Designation Improvement Act of 2017.
ABA and six other financial trade associations yesterday called on Congress to move forward with legislation to implement strong national data security and breach notification requirements that would replace the current inconsistent patchwork of state laws.
ABA today wrote to House leaders in support of H.R. 3312, the Systemic Risk Designation Improvement Act of 2017 — a key part of the association’s Blueprint for Growth — which is expected to be up for consideration before the full House tomorrow.
Late Friday, House and Senate tax committee leaders released the final legislative text of the tax bill that has been approved by the conference committee tasked with reconciling the two chambers’ bills.
In the wake of record-setting hurricane and wildfire seasons, the federal banking agencies today issued new guidance on how examiners will approach financial institutions affected by major natural disasters.
Rep. Tom Emmer (R-Minn.) yesterday introduced an American Bankers Association-supported bill that would delay certain aspects of the new Home Mortgage Disclosure Act rules set to take effect next month.
The Consumer Financial Protection Bureau yesterday withdrew its request for regulatory approval a planned survey on consumer understanding of debt collection disclosures.
Recalibrating regulations is a key part of financial agencies’ role in promoting economic growth, the Financial Stability Oversight Council said today in its annual report.
By a vote of 275 to 146, the House today passed H.R. 2396, a bill supported by ABA that provides technical clarifications about banks’ obligations to send annual privacy notices to consumers.
The House Financial Services Committee today approved 13 financial services bills, including two supported by ABA.