FinCEN releases guidance on upcoming BOI reporting requirements
The Financial Crimes Enforcement Network this week published its first set of guidance materials to aid the public and small...
Policy
Podcast: Crisis response with the most vulnerable in mind
Revisit the critical days of March and April 2020 in Washington on the latest episode of the ABA Banking Journal...
House Republicans seek answers about federal response to bank failures
Top Republicans on the House Financial Services Committee this week called on federal regulators to explain the decision to invoke...
CFPB to require credit card issuers to share more data for comparison site
The Consumer Financial Protection Bureau announced this week that it is requiring many credit card issuers to report more details...
Sen. Brown: Nonbanks should play by same rules as banks
One area where many lawmakers and bankers can come together is in the belief that everyone should be playing by...
Rep. McHenry warns against seeking quick fixes for bank failures
In the matter of the Silicon Valley Bank and Signature Bank failures, lawmakers must first gather the facts and determine...
FOMC raises rates by 25 basis points
The Federal Open Market Committee this week announced it would raise the target range for the federal funds rate by...
Sen. Scott sees chance for SAFE Banking Act this Congress
Senate Banking Committee Ranking Member Tim Scott (R-S.C.) said he and Chairman Sherrod Brown (D-Ohio) are in agreement that the...
OFCCP sets federal contractor certification deadline
The Office of Federal Contract Compliance Programs has announced that it will open its contractor portal on March 31 for...
Yellen: Uninsured depositors at small banks protected if contagion risk exists
Federal regulators would provide similar protections for uninsured depositors at smaller banks as they did for Silicon Valley Bank and...
