Lawmakers Call for Formal Clarification for Banks on ‘Operation Choke Point’
A group of Republican lawmakers wrote to the heads of the Department of Justice, Federal Reserve and OCC today asking...
Policy
Fannie, Freddie Fail Stress Tests
Fannie Mae and Freddie Mac could need upwards of $100 billion in bailout funds if faced with another financial crisis,...
OCC Requests Comment on Volcker Rule Improvements
The OCC today issued a request for comment on revisions to the Volcker Rule.
Warner Introduces Bill to Address Buying, Selling of Bank Loans
Sen. Mark Warner (D-Va.) last week introduced an ABA-supported bipartisan bill clarifying that legally made bank loans may be resold...
OCC’s Noreika Highlights ‘Unintended Consequences’ of Arbitration Final Rule
Acting Comptroller of the Currency Keith Noreika today expressed concern over the Consumer Financial Protection Bureau’s controversial final arbitration rule,...
White House, Lawmakers Issue Joint Statement on Tax Reform
The six lead negotiators on tax reform today issued a joint statement on how they plan to move forward with...
Mnuchin Underscores Tailored Regulatory Approach
Testifying before the House Financial Services Committee today, Treasury Secretary Steven Mnuchin outlined his recommendations for financial reform, including tailoring...
Fed Nominee Quarles ‘Fully Supports’ Tailored Regulation
During his confirmation hearing today, Randal Quarles -- President Trump’s nominee to serve as Federal Reserve vice chairman for supervision...
ABA Applauds Bill Ending Arbitrary $50B Threshold for SIFI Status
ABA today welcomed the recent introduction of the Systemic Risk Designation Improvement Act by Rep. Blaine Luetkemeyer (R-Mo.).
House Votes to Overturn Arbitration Rule
House lawmakers today voted to overturn the Consumer Financial Protection Bureau’s controversial final arbitration rule by a vote of 231...
