Bowman: Fed not interested in dictating business strategy for banks
The Federal Reserve’s role as a banking supervisor is not to replace a bank's management and board of directors in...
Policy
OCC sees need for regulatory reform in bank merger process
Federal regulators need to build a better mousetrap to ensure that “healthy” bank mergers get approved while “unhealthy” mergers are...
ABA outlines banker priorities for 2023 Farm Bill
Bankers’ priorities for this year’s Farm Bill reauthorization include increasing the loan limits for Farm Service Agency guaranteed loan programs...
FirstBank’s Reuter sees role for Congress in boosting bank industry
Banks are a source of strength for the U.S. economy, but Congress could do more to support the industry through...
Biden repeats misleading message about bank fees in State of the Union
In his State of the Union address tonight, President Biden highlighted his administration’s proposals to place price controls on consumer...
CFPB warns mortgage comparison platforms against biasing results
The CFPB this week issued guidance warning mortgage comparison-shopping digital platforms that they are violating federal law if they direct...
Powell sees ‘significant road ahead’ on fighting inflation
Federal Reserve Chairman Jerome Powell this week reiterated his belief that further increases in the federal funds rate will be...
ABA urges flexible approach to climate risk guidelines
The Federal Reserve’s proposed guidelines to help large banks mitigate climate change risks need to be flexible to implement, and...
Rep. Barr reintroduces ABA-backed bill to encourage de novo bank formation
To help expand access to banking services and promote financial inclusion, Rep. Andy Barr (R-Ky.) last week introduced H.R. 758,...
House Republicans form working group to counter ESG proposals
Republicans on the House Financial Services Committee have formed a working group to counter what they say is the threat...
