Sen. Tillis Introduces Bill to ‘Stop and Study’ CECL
Sen. Thom Tillis (R-N.C.) yesterday introduced a long-awaited bill—S. 1564—calling for a delay in the implementation of the Financial Accounting...
Policy
ABA, Trade Groups Welcome DOL Rewrite of ‘Overtime Rule’
ABA, along with several other industry trade groups under the Partnership to Protect Workplace Opportunity, today expressed support for the...
State Associations Urge Cannabis Hearings in Senate
The 51 state bankers associations today urged the Senate Banking Committee to hold hearings on legislative solutions to the conundrum...
Powell Downplays Financial Stability Risks of Corporate Debt
While corporate debt is at near-record levels and recent growth has been concentrated in riskier segments, "business debt does not...
Calabria to Seek Congressional Authority as FHFA Eyes End to GSE Conservatorship
Ensuring that Fannie Mae and Freddie Mac are sufficiently capitalized will be critical for removing the GSEs from conservatorship, FHFA...
ABA Calls for Senate to Pass NFIP Extension
In a recent letter to congressional leaders, the American Bankers Association called for the extension of the National Flood Insurance...
S. 2155 Rule Changes to Be Done by Year-End, Regulators Say
The heads of the banking agencies told lawmakers that they expect to have regulatory changes from the S. 2155 regulatory...
ABA Calls for CECL Delay, Quantitative Impact Study in Letter to Rep. Meeks
In a letter to Rep. Gregory Meeks (D-N.Y.) today, the American Bankers Association reiterated its call for a delay in...
Otting, McWilliams: Agencies Moving Toward More Risk-Based AML Approach
The federal banking agencies plan to reintroduce the examination manual for anti-money laundering/Bank Secrecy Act compliance later this year, Comptroller...
Golden Ticket or Bad Egg? The Case of the Narrow Bank
The benefits that TNB offers its institutional investor client base would be more than offset by the harm it does...
