House Passes Bill Preventing Future ‘Choke Point’ Efforts
Although the Justice Department has ended its controversial "Operation Choke Point" initiative, the House tonight overwhelmingly passed a bill that...
Policy
Fed to Change Procedures for Foreign Banks’ Access to Intraday Credit
The Federal Reserve will change its procedures for how U.S. branches and agencies of foreign banking organizations access intraday credit...
Fed to Publish Libor Replacement Rate Starting in Q2 2018
The Federal Reserve today announced plans to publish three new reference rates for use in U.S. dollar derivatives and financial...
Newsbytes Podcast: Jeffrey Ball on Fintech, Marijuana Banking, De Novos and More
On the latest episode of the ABA Newsbytes Podcast, Jeffrey Ball -- president and CEO of Friendly Hills Bank, Whittier,...
GAO Faced ‘Significant Delays’ During Investigation of OFR
The Government Accountability Office faced “significant delays” when attempting to access documents and meet with officials at the Office of...
Basel Committee Releases ‘Basel IV’ Capital Framework
The Basel Committee on Banking Supervision today unveiled the latest round of its regulatory capital framework, commonly dubbed “Basel IV.”
ABA Urges Modernization of CRA Regulatory Practices
As part of ABA’s long-term engagement with the Treasury Department and financial regulators on the Community Reinvestment Act, the association...
GAO Finds that CFPB’s Indirect Auto Lending Guidance Is a ‘Rule’
The Government Accountability Office today issued a statement that the Consumer Financial Protection Bureau's 2013 guidance on fair lending risks...
Senate Banking Committee Passes Bipartisan Reg Reform Bill
ABA today applauded the passage of S. 2155, the bipartisan regulatory reform bill championed by Sen. Mike Crapo (R-Idaho) and...
FinCEN Launches New Public-Private Information-Sharing Forum
The Financial Crimes Enforcement Network will formalize FinCEN Exchange, a new forum to facilitate public- and private-sector information sharing on...
