Basel Issues FAQs on Market Risk Capital Framework
The Basel Committee on Banking Supervision today issued a set of frequently asked questions on its revised framework for market...
Policy
Mnuchin Endorses Reg Revamp for Regional, Midsize, Community Banks
In written responses to Senate Finance Committee members following his confirmation hearing, Trump Treasury secretary nominee Steven Mnuchin strongly endorsed...
Judge Dismisses ICBA Credit Union Lawsuit
A federal judge today dismissed a lawsuit brought by the Independent Community Bankers of America challenging the National Credit Union...
Senate Banking Committee Advances Carson Nomination
The Senate Banking Committee today unanimously approved Ben Carson’s nomination as secretary of housing and urban development.
ABA: Five-Year CECL Capital Transition Needed
Citing potential high volatility in credit loss allowances under the CECL accounting standard, ABA recently called on the Basel Committee...
HUD Suspends Cut in FHA Mortgage Insurance Premiums
In one of its first actions after the inauguration on Friday, the Trump administration suspended a previously announced reduction in...
Mnuchin Mounts Strong Defense of Banking Career
In an often combative confirmation hearing before the Senate Finance Committee today, Treasury Secretary-Designate Steven Mnuchin made a strong defense...
Reports: Trump Signals Intention to Remove Cordray
A spokesman for President-Elect Donald Trump said yesterday that Trump has interviewed former Rep. Randy Neugebauer (R-Texas) for the post...
House Commodities Bill Includes ABA-Backed Provisions
The House yesterday voted 239-182 to pass the Commodity End-User Relief Act that would reauthorize the Commodity Futures Trading Commission.
GOP Senators Introduce CFPB Commission Bill
Sens. Deb Fischer (R-Neb.), Ron Johnson (R-Wis.) and John Barrasso (R-Wyo.) on Wednesday introduced a bill (S. 105) that would...
