Browsing: Policy

Newsbytes

In a detailed comment letter to the FDIC on Friday, the American Bankers Association called for updates to the agency’s 25-year-old guidelines regarding bank merger transactions, acknowledging the significant changes that the financial services industry has undergone since they were originally put in place.

Newsbytes

ABA yesterday joined a broad coalition of more than 40 trade groups—led by the California Chamber of Commerce—in a letter to the California Assembly Natural Resources Committee opposing S.B. 260, a comprehensive greenhouse gas disclosure bill.

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The CFPB today announced that it will open a new Office of Competition and Innovation. This new office will replace the bureau’s existing Office of Innovation, which was established in 2018 and focused on allowing companies to apply for no-action letters and regulatory sandboxes in order to test specific innovative product offerings.

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