Browsing: ABA news


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.


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.

Policy Pumping It Up

Bankers are rebooting their political advocacy for 2016 and beyond.


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.

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