Congress Extends Foreclosure Protection for Service Members
Congress voted yesterday to renew a part of the Servicemembers Civil Relief Act that provides one-year foreclosure protection for military personnel leaving active duty through 2017.
Congress voted yesterday to renew a part of the Servicemembers Civil Relief Act that provides one-year foreclosure protection for military personnel leaving active duty through 2017.
Speaking to the more than 1,000 attendees at ABA’s Government Relations Summit in Washington, D.C. today, Sen. Tim Scott (R-S.C.) criticized the Dodd-Frank Act, saying that the legislation created a “regulatory labyrinth” that has stymied banks’ ability to serve their customers and grow the economy.
Addressing a group of up and coming banking leaders during ABA’s Emerging Leaders Forum today, Rep. Will Hurd (R-Texas) encouraged bankers to be proactive about educating their lawmakers and congressional staff on the issues that matter to their institutions during visits Capitol Hill.
Senator Tim Scott (R-S.C.) has been added as a keynote speaker for ABA’s Government Relations Summit, which kicks off Monday in Washington, D.C.
ABA’s Card Policy Council today called on all consumer-facing industries to implement the latest payment protection technologies and data safeguarding practices, including activating chip card readers and accepting payments from secure mobile wallets.
Bankers are rebooting their political advocacy for 2016 and beyond.
ABA and the Securities Industry and Financial Markets Association last week urged the Federal Reserve to revise its conformance period for illiquid funds under the Volcker Rule.
In an op-ed in The Hill today, ABA’s Kevin McKechnie voiced his support for proposed legislation that would exempt employee contributions to HSAs from the Affordable Care Act’s excise (or “Cadillac”) tax.
In advance of National Consumer Protection Week, March 6-12, ABA today published a press release highlighting 12 ways that consumers can better secure their mobile devices.
In a letter to the House Financial Services Committee today, ABA urged members of Congress to vote in favor of the TAILOR Act, 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.