Nichols: Durbin Amendment Costs Consumers ‘Tens of Billions’ in Losses
As representatives from the retail industry hit Capitol Hill this week to lobby members of Congress, American Bankers Association President...
Policy
ABA Recommends Changes to Large, Midsize Bank Stress Tests
As part of the banking industry’s continuing response to President Trump’s executive order outlining “core principles” for financial regulation, the...
Trump Orders Reviews of Dodd-Frank Liquidation Authority, SIFI Designation
President Trump today ordered the Treasury Department to conduct reviews of the Dodd-Frank Act’s Orderly Liquidation Authority and its process...
ABA Provides Treasury with Recommendations to Promote Economic Growth
In a detailed letter today to Treasury Secretary Steven Mnuchin, ABA provided a number of recommendations to improve banks’ regulation...
Fed’s Powell: Some Post-Crisis Regs ‘Unnecessarily Burdensome’
Noting that the U.S. financial system is “without a doubt far stronger” than it was before the crisis, Federal Reserve...
Hensarling’s Choice Act Includes Key ABA Priorities
House Financial Services Committee Chairman Jeb Hensarling (R-Texas) today released the latest legislative text of his Financial Choice Act, a...
ABA Shares Insurance-Related Concerns on Fiduciary Rule
ABA’s Bank Insurance Council wrote to the Department of Labor on Monday seeking clarifications and changes to its fiduciary rule...
ABA Seeks Fairness in Fair Lending Enforcement
As part of the banking industry’s continuing response to President Trump’s executive order outlining “core principles” for financial regulation, ABA...
Redlining, Servicing, Biz Lending among CFPB Fair Lending Priorities in 2017
The Consumer Financial Protection Bureau said today that it will prioritize redlining, mortgage and student loan servicing and small business...
