ABA supports resolution to overturn CFPB data collection rule
In a letter to Senate leaders, ABA expressed support for a proposed resolution of disapproval seeking to overturn the CFPB’s...
Policy
Treasury Department releases net-zero principles for financial institutions
The Treasury Department published a set of nine voluntary principles to promote consistency among financial institutions that have made commitments...
CFPB sets Reg Z annual threshold adjustments for 2024
The Consumer Financial Protection Bureau has announced the 2024 dollar amounts for the annual threshold adjustments for Regulation Z, which...
Democratic lawmakers urge Fed to do more on climate change
The Federal Reserve needs to implement measures to adequately address climate-related financial risk as its current efforts “fall short in...
ABA, associations: Keep credit card routing bill out of defense spending bill
ABA and 10 other associations representing banks and credit unions urged lawmakers to reject another attempt to attach the Credit...
Kentucky judge blocks enforcement of small business lending rule
A federal judge in Kentucky issued a nationwide injunction blocking enforcement of the Consumer Financial Protection Bureau’s Section 1071 final...
U.S. imposes new sanctions on Russian individuals, banks
The U.S. is imposing nearly 100 new sanctions on Russian elites and its industrial base, financial institutions and technology suppliers...
Lawmakers demand banking regulators withdraw proposed capital requirements
Republicans on the House Financial Services Committee called on federal regulators to withdraw proposed capital requirements for banks with more...
ABA warns against CBDC adoption
A central bank digital currency is unnecessary in the U.S. and would present unacceptable risks and costs to the financial...
California poised to adopt emissions, climate risk reporting laws
California lawmakers have advanced two proposed state laws to require companies doing business in the state to report their greenhouse...
