CFPB Exploring Use of Alternative Data for Credit Scoring
The Consumer Financial Protection Bureau is seeking feedback on the benefits and risks of using alternative data sources -- such...
Policy
ABA, Groups Seek Forbearance on Variation Margin Rule
With a March 1 compliance deadline looming for when swap dealers and major swap participants must exchange variation margin for...
Linda McMahon Confirmed to Lead SBA
The Senate today voted 81 to 19 to confirm Linda McMahon as administrator of the Small Business Administration, a Cabinet-rank...
Sen. Rounds Reintroduces ABA, Alliance-Backed Tailored Regulation Bill
Sen. Mike Rounds (R-S.D.) today reintroduced the Senate version of the TAILOR Act (S. 366), which would require financial regulators...
Senate Confirms Mnuchin as Treasury Secretary
The Senate last night voted to confirm Steven Mnuchin as secretary of the treasury.
Fed Governor Tarullo Announces Resignation
Federal Reserve Governor Daniel Tarullo announced today that he will resign as a member of the board, effective April 2017.
Brown, Scalise Join ABA Summit Lineup
Senate Banking Committee Ranking Member Sherrod Brown (D-Ohio) and House Majority Whip Steve Scalise (R-La.) will speak at ABA’s Government...
Toomey: Time to Rethink CCAR
In a letter yesterday to Federal Reserve Chair Janet Yellen, Sen. Pat Toomey (R-Pa.) called for the Fed to do...
Nichols Talks Dodd-Frank, Reg Reform, Fed Lawsuit on Bloomberg
In an appearance on “Bloomberg Markets” today, ABA President and CEO Rob Nichols said that while a full repeal of...
