Keating Op-Ed: Debit Interchange Cap ‘Distorts the Marketplace’
The Durbin Amendment’s cap on debit card interchange fees is distorting the retail marketplace and harming consumers, ABA President and...
Policy
Rep. Neugebauer to Retire from Congress
Rep. Randy Neugebauer (R-Texas) announced yesterday that he will not seek reelection in 2016, retiring after seven terms in the...
State Bank Regulators Finalize Model Regs on Virtual Currency
The Conference of State Bank Supervisors yesterday finalized its new framework for model state-level regulation of virtual currencies such as...
ABA Welcomes Relief Bill for FHLB Mortgages
ABA wrote to Sen. Heidi Heitkamp (D-N.D.) yesterday thanking her for introducing S. 1974, the Relationship Lending Preservation Act. The...
CFPB Watchdog Highlights Inaccuracies in Consumer Complaints
The inspector general for the Consumer Financial Protection Bureau issued a report today spotlighting inaccuracies and process weaknesses in the...
ABA: Basel Proposal on Interest Rate Risk Is Counterproductive
The Basel Committee on Banking Supervision’s proposed interest rate risk capital requirement is fundamentally flawed and could ultimately increase interest...
Washington Examiner: Nichols Has ‘Pedal to the Metal’ on Reg Relief
In an interview published in Washington Examiner on Saturday, incoming ABA President and CEO Rob Nichols emphasized regulatory relief as...
ABA Asks FDIC to Reconsider Parts of Assessment Proposal
While expressing support for the purpose of FDIC's proposal to revise premium assessments for banks with under $10 billion in...
GAO Study Requested of Fed Dividend Proposal
With a provision that would reduce the dividends paid on Federal Reserve Bank stock to Fed member banks still being...
Bank, Credit Union Groups Keep Up Reg Relief Pressure
With Congress back in session today, ABA, joined by ICBA and two credit union trade groups, wrote to the leaders...
