CFPB issues long-awaited Section 1071 final rule
The CFPB released a long-awaited final rule implementing Section 1071 of the Dodd-Frank Act, which requires the collection and reporting...
Policy
ABA: Make permanent physical presence exemption for spousal consents
The American Bankers Association this week filed a comment letter recommending the adoption of an IRS proposal to make permanent...
OCC’s Hsu says regulators seek fairness in overdraft protection
Fees for overdraft services present a variety of risks for banks, but the goal of regulators is to make the...
ABA seeks clarity in corporate alternative minimum tax implementation
In a recent letter to the IRS, the American Bankers Association urged the agency to consider clarifications to its proposed...
Regulators consider stronger rules for larger banks
The Federal Reserve is reviewing its capital and liquidity standards for all large banks following the closures of Silicon Valley...
The credibility builder
Government Relations Council Chair Cathy Owen on how a good reputation paves the way for effective advocacy and leadership.
Senators question regulators’ role in SVB collapse
During a Senate Banking Committee hearing this week, regulators agreed that rules governing financial institutions should be strengthened to better...
Laboratory experiments
High-profile banking laws driven by politics and model policies are roaring out of state legislatures—our “laboratories of democracy.” And are...
Barr: Fed to pursue debt requirements for large banks
The Federal Reserve will propose a long-term debt rule for large banks that are not globally systemic important banks, which...
Gruenberg: Deposit fund assessment proposal coming in May
The FDIC estimates that the cost of resolving Silicon Valley Bank will likely be $20 billion, which will be recovered...
