Thinking beyond CECL repeal
The current expected credit loss framework should be simplified. There are other ways to improve it, too.
Tag: ABA Viewpoint
End the static around bank asset thresholds
The past year's progress on indexing regulatory thresholds to inflation or economic growth, on Capitol Hill and at the federal ...
ABA Viewpoint: The Genius Act rules are (almost) here. Here’s what banks should do
The real work for most banks isn't deciding whether or not to become an issuer. It's building the strategy that comes after ...
Proposed tax break for crypto yield could reshape how Americans save
Departing from the key principle of tax parity with crypto activities would not clarify the rules. It would tilt the ...
A simpler CECL
Two practical steps toward simplifying the loan loss accounting standard: anchoring estimates in public data and an enhanced SCALE.
Where community bank CECL costs actually come from
Q factors, validation and audit expectations drive costs for community banks without delivering matching value.
CECL’s true costs come into focus
A decade after its release, the current expected credit loss methodology has delivered added costs without corresponding benefits for community ...
National bank preemption and the integrity of the U.S. payments system
At stake is more than a single fee. It is the continued integrity of a national banking system that supports ...
Tokenized deposits: the future of tokenized money for financial market settlement
For settlement activities, tokenized deposits offer banks the benefits of programmability without the limitations of payment stablecoins.
How the Durbin Amendment hurt consumers — and why expanding it would hurt more
New research from a one-time Durbin defender shows debit card interchange fee caps distorted the payments ecosystem and failed to ...
