Bowman pledges to restore regulatory tailoring
Federal Reserve Governor Michelle Bowman said she will prioritize refocusing bank supervision and restoring regulatory tailoring if the Senate confirms ...
Tag: Congress
House votes to reverse CFPB overdraft rule
The House voted in favor of a resolution to overturn the CFPB’s limit on overdraft fees. The vote came less ...
Lawmakers introduce House version of FIRM Act
Reps. Andy Barr (R-Ky.) and Ritchie Torres (D-N.Y.) announced they have introduced the House version of the FIRM Act, which ...
ABA survey: Americans oppose policies that threaten credit card rewards programs
A new survey by ABA found that a strong majority of U.S. consumers are happy with their credit cards and ...
Sen. Gallego: ACRE Act will help small farms, rural housing
Legislation to expand access to affordable real estate credit in rural areas is needed if small farms seek to grow ...
Chair’s View: The time is now to rightsize banking regulation
The reality is that the banking industry is not the only one knocking on lawmakers’ doors with a list of ...
Rep. Hill endorses higher asset thresholds for supervision
Noting that asset thresholds in statutes like the Dodd-Frank Act are “artificial barriers” distorting strategic decision-making by banks, House Financial ...
Senate Banking Committee Chair Scott touts bipartisan, bicameral work on financial issues
Top of mind for Tim Scott as he addressed bankers were affordable housing, stablecoin legislation, overdraft fees and CFPB reform.
OCC notifies Congress of data breach involving bank information
A cyber incident involving the OCC’s email systems led to unauthorized access to highly sensitive information about the financial condition ...
ABA, associations: National data privacy law must recognize existing protections
ABA and six banking and credit union associations said they support legislation to establish national data privacy standards as long ...
