Sens. Tillis, Tester call for independent investigation of bank failures
Sens. Thom Tillis (R-N.C.) and Jon Tester (D-Mont.) urged President Biden to appoint an independent investigator to further probe the...
Policy
ABA joins Texas lawsuit to block CFPB’s Section 1071 rule
ABA President and CEO Rob Nichols announced today that ABA has joined a lawsuit filed by the Texas Bankers Association...
Fed’s Jefferson: Inflation remains too high
While inflation has come down substantially since last summer, it is still too high, and by some measures progress has...
ABA: Stablecoin issuers need to be regulated like banks
Stablecoin issuance is a monetary exercise comparable to what regulated banks do and should be supervised accordingly to ensure financial...
ABA urges cautious approach to single-family social bond policy
ABA filed comments in response to the Federal Housing Finance Agency’s recent request for input on a single-family social bond...
Committee heads ask SBA to pause small business lending changes
The leaders of the House and Senate small business committees asked the Small Business Administration to “pause” changes to its...
Regulators, CEOs testify in hearings on bank failures
Federal banking regulators testified before the House Financial Services Committee during the first of five congressional hearings this week on...
FHFA seeks comment on risk-based pricing model
The Federal Housing Finance Agency announced that it is seeking public comment on Fannie Mae and Freddie Mac’s single-family pricing...
ABA, associations request FHFA extend timeframe for credit scoring change
A proposed change in how a borrower’s representative credit score is calculated once Fannie Mae and Freddie Mac migrate from...
Waller: Little role for Fed in addressing climate risks
There is no need for special treatment for climate-related risks in the Federal Reserve’s financial stability monitoring and policies, Fed...
