FDIC’s Hill: Agency to revisit resolution planning, de novo bank formation
The FDIC will waive some requirements for large bank resolution planning and take steps to boost de novo bank formation,...
Policy
ABA’s Nichols renews call for national strategy on fraud
In his opening remarks for the ABA Washington Summit, President and CEO Rob Nichols renewed the association’s call for a...
ABA survey: U.S. consumers happy with their bank, applaud fraud protection efforts
Nearly nine in 10 Americans with a bank account (89%) say they are “very satisfied” or “satisfied” with their primary...
ABA urges CFPB to reconsider financial abuse reporting rule
A proposed rule to extend the Fair Credit Reporting Act’s identity theft protections to certain negative information on the credit...
FCC grants extension of effective date of telecom provision
The FCC granted a one-year extension of the effective date of a key provision in its 2024 order on revocation...
ABA, associations: National data privacy law must recognize existing protections
ABA and six banking and credit union associations said they support legislation to establish national data privacy standards as long...
Powell: Tariffs could put upward pressure on inflation
The recent tariffs announced by President Trump are likely to generate a temporary rise in inflation, and it is possible...
ABA DataBank: Flight to safety leaves the dollar behind
U.S. Treasury yields fell sharply on Thursday following President Trump's announcement of "Liberation Day" tariffs, with the yield on the...
CFPB to initiate new Section 1071 rulemaking
In a court filing, the CFPB said its leadership has directed staff to initiate new rulemaking to implement Section 1071...
Senate Banking Committee advances OCC, SEC nominations
The Senate Banking Committee voted along party lines to advance the nominations of former FDIC board member Jonathan Gould to...
