With Congress back in session today, ABA, joined by ICBA and two credit union trade groups, wrote to the leaders of the Senate Banking Committee to keep up the pressure on enacting regulatory relief this fall.
ABA advocacy helped generate more than 500 banker comment letters to the National Credit Union Administration on its business lending proposal, secure a delay in the implementation of the TILA-RESPA mortgage disclosures, and place several member bankers on the Fed’s new payments task forces. These and other ABA advocacy initiatives, part of ABA’s Agenda for
ABA today registered its opposition to the National Credit Union Administration’s aggressive proposal to expand business lending by credit unions
Rob Nichols—D.C. insider, banking enthusiast, recreational fisherman—is ready to guide the banking industry through turbulent waters.
To help build momentum for regulatory relief this fall with key members of Congress, the Financial Education and Advocacy Initiative is running radio and print ads this week in Indiana, Montana, North Dakota and Virginia.
ABA President and CEO Frank Keating wrote to bank CEOs today to update them on ABA’s pursuit of improved policies from regulatory agencies.
Rep. Sean Duffy (R-Wis.), chairman of the House Financial Services Committee’s oversight subcommittee, recently wrote to the FDIC requesting information about how banks might handle a debt default by Puerto Rico.
Thanks to banker grassroots advocacy, bills ABA is advocating as part of its Agenda for America’s Hometown Banks are racking up bipartisan co-sponsors in Congress.
Rural banks face a number of challenges that are compounded by unnecessary, outdated and excessively burdensome regulations, Comptroller of the Currency Thomas Curry said today at the fourth of five outreach meetings for the decennial Economic Growth and Regulatory Paperwork Reduction Act review.
ABA yesterday urged Senate leaders to pass the Cybersecurity Information Sharing Act — which may be brought to the Senate floor for a vote this week — and to defeat any amendments offered that would undermine the legislation.