Bessent outlines administration’s plan for easing bank regulation
The Treasury Department intends to play a greater role in bank regulation with more regulatory tailoring for community banks, which...
Policy
Chair’s View: The time is now to rightsize banking regulation
The reality is that the banking industry is not the only one knocking on lawmakers’ doors with a list of...
Community banker: Overdraft rule will hurt those in need
The CFPB’s cap on overdraft fees may only apply to large banks, but community banks and the customers they serve...
Rep. Hill endorses higher asset thresholds for supervision
Noting that asset thresholds in statutes like the Dodd-Frank Act are “artificial barriers” distorting strategic decision-making by banks, House Financial...
FDIC’s Hill: Agency to revisit resolution planning, de novo bank formation
The FDIC will waive some requirements for large bank resolution planning and take steps to boost de novo bank formation,...
ABA’s Nichols renews call for national strategy on fraud
In his opening remarks for the ABA Washington Summit, President and CEO Rob Nichols renewed the association’s call for a...
ABA survey: U.S. consumers happy with their bank, applaud fraud protection efforts
Nearly nine in 10 Americans with a bank account (89%) say they are “very satisfied” or “satisfied” with their primary...
ABA urges CFPB to reconsider financial abuse reporting rule
A proposed rule to extend the Fair Credit Reporting Act’s identity theft protections to certain negative information on the credit...
FCC grants extension of effective date of telecom provision
The FCC granted a one-year extension of the effective date of a key provision in its 2024 order on revocation...
ABA, associations: National data privacy law must recognize existing protections
ABA and six banking and credit union associations said they support legislation to establish national data privacy standards as long...
