Senators introduce resolution to overturn CFPB credit card late fee rule
Senate Banking Committee Ranking Member Tim Scott (R-S.C.) and 12 Republican senators introduced a Senate joint resolution to overturn the...
Policy
Credit card late fees lawsuit to remain in Texas after legal wrangling
A district court erred when it transferred a lawsuit seeking to overturn the CFPB’s rule limiting credit card late fees...
ABA, MBA: Proposed changes to flood insurance form require further clarification
A proposed FEMA rule to update the Standard Flood Insurance Policy form is generally more user-friendly and may improve policyholder...
ABA, associations urge lawmakers to bolster funding for CDFI Fund
ABA joined the Community Development Bankers Association, National Bankers Association and two other associations in urging members of the House...
ABA urges FinCEN to rethink currency transaction report requirements
A FinCEN proposal to renew without change its information collection requirements for currency transaction reports, or CTRs, severely underestimates the...
SEC pauses enforcement of climate disclosure rule
The SEC issued a stay on enforcement of its climate disclosure final rule while federal courts consider several challenges to...
Podcast: The CEO view from Main Street
What's the CEO-eye view on the U.S. economy, business conditions and the regulatory environment for banks?
FDIC unveils updated financial inclusion strategic plan
The FDIC has released an updated financial inclusion strategic plan that calls on the agency to take steps to encourage...
OCC’s Hsu suggests requiring banks, AI companies to reimburse customers for fraud
A new U.K. regulation requiring banks to reimburse customers for losses resulting from push payment fraud “deserves greater discussion and...
Fed’s Barr says liquidity pressures have eased since Silicon Valley Bank
Banking regulators are no longer seeing the liquidity pressures on banks that they saw following the failure of Silicon Valley...
