ABA, Industry Groups Call for Five-Member, Bipartisan CFPB Commission
The American Bankers Association joined a broad coalition of financial and housing industry groups today in a letter of support...
Policy
ABA, AMBA CEOs Call for Equal Treatment of Banks, Credit Unions on Military Bases
In an American Banker op-ed today, American Bankers Association President and CEO Rob Nichols and Association of Military Banks of...
CFPB Announces Pilot Program to Issue Binding Advisory Opinions
Under a new pilot program launched by the Consumer Financial Protection Bureau today, entities seeking to comply with existing regulations...
Powell: COVID-19 Affecting Availability of Coins for Banks
The coronavirus pandemic has affected the regular flow of coinage through the economy and the availability of coins for banks,...
Sen. Moran Introduces ABA-Backed Brokered Deposit Modernization Bill
Sen. Jerry Moran (R-Kan.) yesterday introduced an ABA-backed bill to replace current restrictions on brokered deposits with an asset growth...
Powell Discusses Coronavirus Recovery, Effect on LMI Communities
Federal Reserve Chairman Jerome Powell told members of the Senate Banking Committee today that he expects the U.S. economy to...
Powell: Main Street Lending Facility to Open ‘Within a Week or So’
After officially opening the Main Street Lending Program for lender registration yesterday, Federal Reserve Chairman Jerome Powell said its corresponding...
ABA Voices Strong Opposition to CU Bank Acquisition Proposal
In a letter to the National Credit Union Administration today, ABA vigorously opposed a proposal that would formalize a process...
FHFA Calls on Congress to Pursue Housing Finance Reform in Annual Report
In the Federal Housing Finance Agency’s annual report to Congress today, the agency outlined several legislative steps it is seeking...
Fed to Resume Bank Examination Activities
The Federal Reserve today announced that it will resume its normal bank examination activities
