The Senate Banking Committee today advanced the nominations of Joseph Otting to serve as comptroller of the currency and Randal Quarles to be vice chairman for supervision at the Federal Reserve.

Thanks to hard lessons from Hurricane Katrina, banks today are more resilient than ever.

A federal judge in Texas yesterday overturned the Obama administration’s final rule doubling the salary level used to determine whether employees are classified as exempt from overtime under the Fair Labor Standards Act.

The Department of Labor today proposed to extend to July 1, 2019, the applicability date for certain exemptions to the fiduciary rule.

In a letter to Acting Comptroller of the Currency Keith Noreika today, ABA highlighted key questions that regulators and policymakers should consider concerning the deposit insurance application process for de novo banks.

During the summer of 2017, bankers have hosted 57 events that bring their senators and representatives into the bank to meet employees and learn about the regulatory challenges banks are facing.

Speaking to the annual monetary policy conference in Jackson Hole, Wyo., today, Federal Reserve Chairman Janet Yellen offered a broad defense of the post-financial crisis regulatory framework but embraced “appropriate adjustments” as the economy and global landscape evolve.

The Federal Reserve today asked for public comment on a proposal for the Federal Reserve Bank of New York to publish three new reference rates for use in U.S. dollar derivatives and financial contracts.

With the European Union contemplating more stringent regulatory capital rules for U.S. and non-EU headquartered systemically important financial institutions, Rep. Blaine Luetkemeyer (R-Mo.) today wrote to Federal Reserve Chairman Janet Yellen urging the Fed to reevaluate its own regulatory treatment of international banks.