FEMA: Hurricane Harvey Could Cost NFIP $11B
The Federal Emergency Management Agency estimates that the total cost to the National Flood Insurance Program following Hurricane Harvey could...
Policy
House Bill Introduced to Support Minority-Owned Banks
A group of three Democratic lawmakers -- Reps. Gregory Meeks (D-N.Y.), Joyce Beatty (D-Ohio) and Dwight Evans (D-Pa.) -- yesterday...
ABA Recommends Updates to CRA in Treasury Meeting
On Thursday, ABA staff met with senior Treasury Department officials to provide recommendations for modernizing the Community Reinvestment Act.
OCC’s Noreika Clarifies Views on De Novo Deposit Insurance
Acting Comptroller of the Currency Keith Noreika provided additional clarity about his views on the deposit insurance application process for...
Midsize Bank Exec Discusses SIFI Designation Reform at House Hearing
Testifying on ABA’s behalf before a House Financial Services subcommittee yesterday, a midsize bank executive emphasized the importance of proposed...
Senate Panel Advances OCC, Fed Nominees
The Senate Banking Committee today advanced the nominations of Joseph Otting to serve as comptroller of the currency and Randal...
From Katrina to Harvey: Five Ways Banks Are More Resilient to Disaster Today
Thanks to hard lessons from Hurricane Katrina, banks today are more resilient than ever.
Federal Judge Invalidates Obama-Era Rule on Overtime Pay
A federal judge in Texas yesterday overturned the Obama administration’s final rule doubling the salary level used to determine whether...
DOL Delays Fiduciary Rule Exemption Effective Date
The Department of Labor today proposed to extend to July 1, 2019, the applicability date for certain exemptions to the...
ABA Welcomes Policy Discussion on Deposit Insurance for De Novos
In a letter to Acting Comptroller of the Currency Keith Noreika today, ABA highlighted key questions that regulators and policymakers...
