Labor Department releases overtime proposed rule
The U.S. Department of Labor released a proposed rule that would significantly increase the number of employees who are subject...
Policy
Banking regulators propose long-term debt, resolution plan requirements for larger banks
Banking regulators unveiled a proposed long-term debt requirement for banks with more than $100 billion in assets, as well as...
NIST seeks feedback on quantum computing cybersecurity standards
The National Institute for Standards and Technology published draft post-quantum cryptography standards that are designed as a global framework to...
Treasury Department, IRS propose digital asset regulations
The Treasury Department and IRS released proposed regulations on the sale and exchange of digital assets by brokers as part of...
Powell says Fed committed to reaching 2% inflation target
While inflation has moved down from its peak, it remains too high and the Federal Open Market Committee is prepared...
Lawmakers urge reconsideration of proposed auditor standards
A proposal to expand the requirements for auditors to identify, evaluate and communicate all company violations of laws and regulations...
SEC to reopen public comment on investment advisers proposal
The Securities and Exchange Commission announced it would reopen public comment for a proposed rule that seeks to enhance protections...
ABA, BPI caution against CRA rule changes
Two recent policy developments could fundamentally alter banks’ Community Reinvestment Act programs, and policymakers should avoid finalizing proposed changes to...
ABA: Proposed quality control rule for AVMs would overburden banks
A proposed interagency rule to regulate the quality of algorithmic models used in real estate valuations would likely overburden—and therefore...
ABA urges proper implementation of new ISSB climate standard
ABA urged the ISSB to focus on the development of resources and coordination of industry-specific activities related to implementing recently...
