ABA Wins CFPB Exemption for ‘Accommodation Loans’
ABA won a helpful exemption in the Consumer Financial Protection Bureau’s final small-dollar lending rule that protects banks’ ability to...
Policy
Inaugural Podcast: Equifax, Basel Simplification, Community Bankers Council and More
On the inaugural episode of the ABA Newsbytes Podcast, co-hosts Evan Sparks and Shaun Kern discuss the Equifaxtravaganza on Capitol...
ABA Applauds Bill to Raise Funding for FSA Programs
The American Bankers Association today expressed support for legislation introduced by Sen. Mike Rounds (R-S.D.) that would increase the lending...
Trade Groups Applaud Bipartisan Action to Codify ‘Valid-When-Made’ Doctrine
ABA and 10 other banking, business and online lending trade associations today wrote to members of the House and Senate...
Senate Confirms Quarles as Fed’s Top Bank Regulator
The Senate today voted to confirm Randal Quarles as the first-ever vice chairman for supervision of the Federal Reserve Board...
Treasury Recommends Revoking, Modifying Tax Regulations
The Treasury Department today released a report on regulatory burden in the tax code.
House Passes ABA-Backed Liquidity Bill
The House today passed H.R. 1624, a bipartisan, ABA-backed bill that would expand banks’ ability to count municipal securities as...
ABA Files Notice in Field of Membership Case after NCUA Approves Expansions
ABA today filed a notice of supplemental authority in its ongoing case challenging the National Credit Union Administration’s final rule...
Arbitration Rule to Raise Cost of Credit 25 Percent, OCC Study Finds
The OCC has conducted a study finding that the Consumer Financial Protection Bureau’s arbitration rule is likely to increase the...
Sens. Perdue, McCaskill Introduce Bill Reforming SIFI Designation
Sens. David Perdue (R-Ga.) and Claire McCaskill (D-Ga.) today introduced an ABA-backed bill that would give the Federal Reserve flexibility...
