Fed Finalizes Higher Capital Surcharge Rule for Largest Banks
The Federal Reserve today voted to finalize a rule imposing capital surcharges on the largest U.S.-based global systemically important banks.
Browsing: Policy
Keating Provides Mid-Year Update on Policy Goals
In a CEO Update to all bank CEOs today, ABA President and CEO Frank Keating shared his reflections on the progress thus far in achieving the goals of ABA’s Agenda for America’s Hometown Banks.
ABA Seeks Immediate Action on Proposal to Limit Fed Dividends
ABA today urged bankers to contact their lawmakers immediately to oppose a fast-moving add-on to the Highway Trust Fund reauthorization bill that would reduce the dividends paid on Federal Reserve Bank stock to Fed member banks.
TBA Op-Ed: Dodd-Frank Has Harmed Consumers
In an op-ed appearing in several Texas community newspapers, Texas Bankers Association President and CEO Eric Sandberg argued that the Dodd-Frank Act — which marks its fifth anniversary on Monday — has failed at protecting consumers.
ABA, Groups Oppose Senate Proposal to Limit Fed Dividends
ABA and several other bank trade groups yesterday wrote to Senate leaders opposing a provision in the Highway Trust Fund reauthorization bill that would reduce the dividends paid on Federal Reserve Bank stock to Fed member banks.
ABA’s Amplify Is Now ‘Bankers Speak Up’
Amplify, ABA’s grassroots communications platform for all bankers, is now Bankers Speak Up.
Cordray Testimony Covers Ability-to-Repay, TRID, Credit Cards
Consumer Financial Protection Bureau Director Richard Cordray appeared before the Senate Banking Committee today and said during the question-and-answer period that the CFPB intends to revisit the income-verification standards under the Ability-to-Repay Rule.
House Passes Two ABA-Backed Reg Relief Bills
The full House today passed two ABA-supported bills by voice votes. The bipartisan bills would equalize the SEC registration and de-registration thresholds for savings and loan holding companies (H.R. 1334) and require regulators to conduct a study of Basel III’s effect on mortgage servicing assets (H.R. 1408).
Treasury’s Raskin Focusing on Improving Cyber Info-Sharing
The Treasury Department is seeking to accelerate declassification of financial cyber threat information to help financial institutions protect their systems and customers, Sarah Bloom Raskin said today at ABA’s Summer Leadership Meeting.
House to Vote on Three ABA-Backed Bills This Week
The full House is scheduled to vote this week on three ABA-advocated bills. The bipartisan bills would equalize the SEC registration and de-registration thresholds for savings and loan holding companies (H.R. 1334), require regulators to conduct a study of Basel III’s effect on mortgage servicing assets (H.R. 1408) and modifying escrow requirements for banks with