ABA, state associations support bills to raise BSA reporting thresholds
ABA and 52 state bankers associations expressed support for two bills that would raise Bank Secrecy Act reporting thresholds for ...
Tag: Congress
IRS strikes funding rule from new tax on stock repurchases
The IRS has removed a controversial rule in a new regulation implementing a 1% excise tax on certain types of ...
ABA survey: Majority of U.S. consumers think Congress should hold credit unions accountable
A new ABA survey found that a wide majority of U.S. consumers (67%) believe that Congress should reexamine the tax-exempt ...
Senate Banking Committee advances Hill nomination to be FDIC chair
The Senate Banking Committee voted to advance the nomination of Travis Hill to be FDIC chairman. He is currently acting ...
Trump nominates CFPB director
President Trump has nominated Stuart Levenbach to lead the CFPB, but a bureau spokesperson told Politico the nomination was a ...
House lawmakers debate deposit insurance reform
Lawmakers on the House Financial Services Committee heard from bankers and other experts on possible ways to modernize the deposit ...
ABA shares deposit insurance reform recommendations with House lawmakers
ABA shared a list of possible deposit insurance reforms with lawmakers ahead of a House Financial Services Committee hearing on ...
House votes to end government shutdown
The House voted in favor of a Senate deal to reopen the government, ending a shutdown that began on Oct. ...
DOJ: Congress, not Fed, must fund CFPB
The CFPB will exhaust its currently available funding early next year, and the bureau cannot withdraw funds from the Federal ...
House Budget Committee chairman announces he won’t seek re-election
House Budget Committee Chairman Jodey Arrington (R-Texas) will not seek re-election to office next year. Before joining Congress, he was ...
