FDIC Adopts Supervisory Guidance on Model Risk Management
The FDIC today announced that it is adopting the supervisory guidance on managing “model risk” that was previously issued by...
Policy
Sessions Ends Controversial Third-Party Settlement Payments
Attorney General Jeff Sessions today ended a controversial Department of Justice practice from the previous administration in which portions of...
ABA Commends House Reg Reform Effort Ahead of Choice Act Vote
As Congress prepares to vote on the Financial Choice Act, ABA today wrote to House leadership commending the House Financial...
CEOs: Tax Reform Delays Would Slow Hiring, Capital Spending
Prompt passage of tax reform will be a major driver of hiring and capital spending decisions, according to a Business...
ABA Supports Bill to Waive Fees for Vets Seeking SBA Export-Specific Loans
ABA yesterday wrote to Sens. Mazie Hirono (D-Hawaii) and Mike Rounds (R-S.D.) in support of the Veteran Small Business Export...
Trump to Nominate Former Bank CEO as Comptroller of the Currency
As was widely expected, the White House announced today that President Trump would nominate former bank CEO Joseph Otting to...
With Choice Act Up for Vote and Treasury Report Expected, Nichols Tees Up Week Ahead
The week ahead is expected to be a busy one for financial reform in Washington, D.C.
Fed’s Powell Signals More ‘Transparency’ in Stress Tests
The Federal Reserve will work in the coming months to provide greater transparency into the stress testing process, Governor Jerome...
CFPB to Assess Effectiveness of Qualified Mortgage Rule
The Consumer Financial Protection Bureau today released a plan to assess the effectiveness of its final Ability-to-Repay/Qualified Mortgage rule.
