Policy

Tarullo Hints at Basel III Relief for Smaller Banks

In remarks at yesterday’s Economic Growth and Regulatory Paperwork Reduction Act outreach meeting in Arlington, Va., Federal Reserve Governor Daniel Tarullo pointed to the possibility of changing the Basel III capital calculations and reporting to minimize the burden on highly-capitalized community banks -- as ABA has long advocated.

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Final Highway Bill Includes Modified Fed Dividend Cut

A group of senators and representatives today issued a reconciled version of a long-term highway funding bill that includes a modified but still substantial cut to the dividends paid on the Federal Reserve Bank stock that national banks and other Fed member banks are required to hold.

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ABA Chides NCUA for Membership Rule Overreach

The National Credit Union Administration voted today to expand the already loose fields of membership from which federal credit unions can draw their customers, further erasing the distinctions between credit unions and banks.

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NHBA Op-Ed Reinforces Call for Reg Relief

New Hampshire Bankers Association President and CEO Christiana Thornton authored an op-ed in the New Hampshire Union Leader yesterday calling for the Senate to pass S. 1484, Sen. Richard Shelby’s regulatory reform bill.

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