ABA Calls for Transparency on Hemp Licenses, Flexibility on THC Test
ABA today recommended several changes to the U.S. Department of Agriculture’s interim final rule that would facilitate banks offering services...
Policy
ABA Outlines Principles for More Transparent Regulation in Letter to FDIC
In a comment letter to the FDIC today, the American Bankers Association outlined five general principles that the agency should...
Financial Services Hearing Spotlights Lawmakers’ Serious Concerns About CECL
Insights from ABA staff expert Josh Stein on the recent FASB oversight hearing.
Blocked Sale of Colorado Bank to CU ‘Good Public Policy,’ CBA Says
In an op-ed today, Colorado Bankers Association CEO Don Childears called a recent decision by the Colorado State Banking Board...
CFPB Formalizes Policy on Using ‘Compliance Aids’
As part of a broader regulatory effort to clarify the role of guidance, the Consumer Financial Protection Bureau is issuing...
NCUA Proposals Would Allow CUs to Issue Sub-Debt, Facilitate Bank Purchases
The National Credit Union Administration today issued two proposals with significant and troublesome implications for taxpayers.
Stewart Op-Ed Highlights ‘Disturbing’ Trend of Credit Unions Buying Banks
In an American Banker op-ed today, American Bankers Association Chair Laurie Stewart called attention to the “disturbing trend” of large,...
House Members Caution Crapo on Changes to Cannabis Bill
The four bipartisan lead sponsors of the SAFE Banking Act—passed by the House last fall—yesterday wrote to Senate Banking Chairman...
ARRC Seeks Feedback on Spread Adjustment Methodologies for Libor Transition
To help minimize any expected changes in the value of financial contracts that might result from a sudden reference rate...
Fed Official: No Near-Term Plans for Climate Risk Weights, Stress Tests
Amid greater attention by policymakers worldwide to financial risks associated with climate change, a senior Federal Reserve official today said...
