Policy

House to Vote on Three ABA-Backed Bills This Week

The full House is scheduled to vote this week on three ABA-advocated bills. The bipartisan bills would equalize the SEC registration and de-registration thresholds for savings and loan holding companies (H.R. 1334), require regulators to conduct a study of Basel III’s effect on mortgage servicing assets (H.R. 1408) and modifying escrow requirements for banks with less than $10 billion in ...

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Bank Chief Outlines Compliance Burden of SIFI Status

The chairman and CEO of the smallest bank holding company to be designated as a systemically important financial institution yesterday outlined to the House Financial Services Committee the burdens this level of regulation has imposed -- burdens he finds out of proportion to the benefits they provide.

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ABA Seeks Grassroots Action on Tailored Regulation Bill

Building on its partnership with the state bankers associations, ABA is urging bankers to ask their representatives to co-sponsor the TAILOR Act, H.R. 2896, which would direct financial regulators to tailor regulatory actions based on the sizes, business models, risk profiles and other differentiating characteristics of the institutions they supervise.

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Tailored Regulation Bill Would Provide Real Relief, ABA Says

ABA yesterday wrote to Rep. Scott Tipton (R-Colo.) to thank him for introducing the TAILOR Act, H.R. 2896, which would direct financial regulators to tailor regulatory actions based on the sizes, business models, risk profiles and other differentiating characteristics of the institutions they supervise.

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