Joined by 29 bipartisan cosponsors, Reps. Lynn Westmoreland (R-Ga.) and Carolyn Maloney (D-N.Y.) yesterday introduced H.R. 1941, which would help address ongoing concerns about the lack of consistency and quality in the bank examination process.
Browsing: ABA Blueprint for Growth
Sens. Roy Blunt (R-Mo.) and Tom Carper (D-Del.) yesterday introduced the Data Security Act (S. 961), which would require companies and agencies to better guard sensitive data, investigate breaches and notify consumers about compromised information.
ABA today wrote to House members welcoming H.R. 1660 and H.R. 1661, which would help federal savings associations and mutual banks serve their customers while retaining their unique charter and ownership models.
The Federal Reserve yesterday adopted a final rule that expands the regulatory relief provided by its small bank holding company policy statement.
ABA yesterday urged bankers and state associations to ramp up their communications with members of Congress and “tell your story” when explaining why various legislative solutions are needed.
The banking industry is already seeing positive results from ABA’s Government Relations Summit last week, ABA President and CEO Frank Keating said in an email to all bank CEOs today.