House Passes Bill Preventing Future ‘Choke Point’ Efforts
Although the Justice Department has ended its controversial “Operation Choke Point” initiative, the House tonight overwhelmingly passed a bill that would prevent it from being resurrected.
Although the Justice Department has ended its controversial “Operation Choke Point” initiative, the House tonight overwhelmingly passed a bill that would prevent it from being resurrected.
The Federal Reserve will change its procedures for how U.S. branches and agencies of foreign banking organizations access intraday credit from the regional Fed banks.
The Federal Reserve today announced plans to publish three new reference rates for use in U.S. dollar derivatives and financial contracts starting in the second quarter of 2018.
On the latest episode of the ABA Newsbytes Podcast, Jeffrey Ball — president and CEO of Friendly Hills Bank, Whittier, Calif. — discussed several emerging issues in public policy — including banks’ role in financial innovation and protecting consumers, as well as the increasingly urgent need to address banking marijuana-related businesses.
The Government Accountability Office faced “significant delays” when attempting to access documents and meet with officials at the Office of Financial Research during a study commissioned in 2015 to assess the agency’s usefulness, according to testimony from GAO at a House Financial Services Subcommittee hearing today.
The Basel Committee on Banking Supervision today unveiled the latest round of its regulatory capital framework, commonly dubbed “Basel IV.”
As part of ABA’s long-term engagement with the Treasury Department and financial regulators on the Community Reinvestment Act, the association today sent a white paper to Treasury with several recommendations for modernizing the regulatory approach to CRA.
The Government Accountability Office today issued a statement that the Consumer Financial Protection Bureau’s 2013 guidance on fair lending risks in indirect auto lending constitutes a “rule” for purposes of the Congressional Review Act.
ABA today applauded the passage of S. 2155, the bipartisan regulatory reform bill championed by Sen. Mike Crapo (R-Idaho) and a group of moderate Democrats on the committee.
The Financial Crimes Enforcement Network will formalize FinCEN Exchange, a new forum to facilitate public- and private-sector information sharing on financial crimes data, Sigal Mandelker told the ABA/ABA Financial Crimes Enforcement Conference today.