CFPB Issues Small Entity Compliance Guide on Arbitration Rule
The Consumer Financial Protection Bureau on Friday released a small entity compliance guide on the bureau’s final rule drastically constricting...
Policy
DOJ’s Rosenstein Signals Changes to Individual Prosecutions for Corporate Crimes
Deputy Attorney General Rod Rosenstein today signaled that the Department of Justice is reviewing a policy announced under the Obama...
ABA Welcomes Rep. Emmer’s HMDA Reform Bill
ABA today expressed support for the Home Mortgage Disclosure Adjustments Act (H.R. 2954), which would relieve smaller financial institutions from...
ABA Concerned about Feasibility of Small Biz Data Collection
As the Consumer Financial Protection Bureau prepares to implement Section 1071 of the Dodd-Frank Act -- which calls for the...
FEMA: Hurricane Harvey Could Cost NFIP $11B
The Federal Emergency Management Agency estimates that the total cost to the National Flood Insurance Program following Hurricane Harvey could...
House Bill Introduced to Support Minority-Owned Banks
A group of three Democratic lawmakers -- Reps. Gregory Meeks (D-N.Y.), Joyce Beatty (D-Ohio) and Dwight Evans (D-Pa.) -- yesterday...
ABA Recommends Updates to CRA in Treasury Meeting
On Thursday, ABA staff met with senior Treasury Department officials to provide recommendations for modernizing the Community Reinvestment Act.
OCC’s Noreika Clarifies Views on De Novo Deposit Insurance
Acting Comptroller of the Currency Keith Noreika provided additional clarity about his views on the deposit insurance application process for...
Midsize Bank Exec Discusses SIFI Designation Reform at House Hearing
Testifying on ABA’s behalf before a House Financial Services subcommittee yesterday, a midsize bank executive emphasized the importance of proposed...
Senate Panel Advances OCC, Fed Nominees
The Senate Banking Committee today advanced the nominations of Joseph Otting to serve as comptroller of the currency and Randal...
