Interagency Group Provides Update on Treasury Market Surveillance Initiative
The Interagency Working Group on Treasury Market Surveillance issued a progress report on steps it has taken to enhance the...
Policy
SBA proposes to lift moratorium on 7(a) nondepository lenders
The Small Business Administration is proposing to lift the moratorium on the number of nondepository institutions—called small business lending companies—that...
Fed proposing to make master accounts data public
The Federal Reserve will seek public comment on a proposal to publish a periodic list of depository institutions that have...
ABA: Regulatory clarity can reduce illicit finance risks in digital assets
The illicit finance risks posed by digital assets can be most effectively managed by regulating nonbank cryptocurrency companies while allowing...
Fed raises rates by another 75 basis points
The Federal Open Market Committee today announced it would raise the target range for the federal funds rate to 3.75...
Survey finds mixed public attitudes on cryptocurrency regulation
Only two in five people see the U.S. lagging behind other countries in creating a regulatory environment that makes it...
ABA cautions against opening FHLB System to nonbank entities
Allowing newer, nonbank entities access to the Federal Home Loan Bank system would introduce significant risk, given that they do...
Bankers anticipate further interest rate hikes in 2023
Most banking executives believe that interest rates won’t peak until the first half of 2023, according to a new survey...
ABA cautions against shifting liability for P2P scams
Any measures to shift liability to financial institutions for peer-to-peer payments that a consumer authorizes and later claims were paid...
CFPB unveils proposed data-sharing rules
The Consumer Financial Protection Bureau today outlined proposals under consideration that would require businesses to make a consumer’s financial information...
