Senators Urge Agencies to Make Volcker Rule Changes
Led by Senate Banking Committee Chairman Mike Crapo (R-Idaho), seven Republican senators today endorsed efforts to revisit the Volcker Rule...
Policy
FHA to Require Second Appraisal for Some Reverse Mortgages
The Federal Housing Administration released guidance to issuers of FHA-insured reverse mortgages today stating that the agency may require a...
ABA Op-Ed: Regulators Need to Revisit Bank Capital Rules
In an American Banker op-ed today, ABA EVP Wayne Abernathy and VP Hugh Carney explain why it’s time for regulators...
Bonus Podcast: Understanding the CRA Modernization Process
On a bonus episode of the ABA Banking Journal Podcast, ABA VP Krista Shonk outlines the process for modernizing Community...
Fed’s Powell Expresses Support for CRA Modernization Effort
The Federal Reserve is “very much interested” in moving ahead with the interagency effort to update Community Reinvestment Act regulations,...
ABA Supports Chapter 7 Bankruptcy Changes
Ahead of a House Judiciary Committee Hearing today on H.R. 3553, the Bankruptcy Administration Improvement Act, the American Bankers Association...
Public Feedback Sought on Contract Language for Libor Transition
The Alternative Reference Rates Committee today issued consultations on draft fallback language for floating rate notes and syndicated business loans...
Agencies Finalize Rule Harmonizing Swap Margin, QFC Requirements
To facilitate compliance with their rules regarding qualified financial contracts of systemically important banks, the federal banking agencies today finalized...
ABA, Trade Groups Urge Clarity in Proposed Pass-Through Deduction Regulations
ABA, the Independent Community Bankers of America and the Subchapter S Bank Association today filed a comment letter on the...
HSA Council Wins Key HSA Fix in Illinois Legislature
Illinois Gov. Bruce Rauner last month signed a bill that would fix a state law inadvertently preventing hundreds of thousands...
