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...
Policy
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...
ABA Submits Bipartisan Economic Growth Ideas to Crapo, Brown
ABA today urged the leaders of the Senate Banking Committee to focus on expanding portfolio mortgage lending, modernizing rules on...
ABA Urges OCC to Post Proposed Fintech Charters for Comment
To ensure transparency and clarity as the OCC begins granting special-purpose national bank charters for fintech companies, ABA urged the...
Studies: Obama-Era Rules May Hinder Growth and Harm Competition
The first broad-scale academic assessment of new financial rules and standards put in place during the Obama presidency -- including...
Two Faces to a Cashless Future
Behind the hype for the ‘cashless society,’ bankers weigh the pros and cons of going without greenbacks.
Report: Trump ‘Very Close’ to Fed Nominations
President Trump is “very close” to nominating a Federal Reserve vice chairman for supervision and another governor to fill a...
