Fed: Climate change focus not seeking to discourage business investment
It has never been the Federal Reserve's policy to discourage banks from offering accounts or services to law-abiding businesses, and ...
Tag: Congress
Associations oppose adding credit card routing mandate to military spending bill
ABA joined nine other associations in opposing an attempt to attach the Credit Card Competition Act to a must-pass military ...
ABA backs reauthorization of National Flood Insurance Program
ABA urged lawmakers to support legislation to reauthorize the National Flood Insurance Program through the end of next year.
ABA, associations support challenge to CFPB funding structure
ABA joined the U.S. Chamber of Commerce and other associations in filing an amicus brief with the U.S. Supreme Court ...
Column: Credit card routing bill threatens rewards programs
A proposed bill seeking to impose network routing requirements on banks that issue credit cards would be disastrous for consumers, ...
Rep. Mooney introduces ABA-backed bill to help small banks raise capital
Rep. Alex Mooney (R-W.Va.) this week introduced a bill that would raise the threshold for small bank holding companies from ...
ABA: No easy answers for changing deposit insurance
The conversation around deposit insurance policy is a complex one with no easy answers, and any changes will have implications ...
Powell: FOMC may slow rate increases moving forward
It may make sense for the FOMC to continue raising the federal funds rate to fight inflation, but at a ...
Senate bill would toughen compensation clawback rules for failed banks
Senate Banking Committee leaders introduced a bipartisan bill that would strengthen actions regulators could take to clawback compensation from executives ...
Senate, House resolutions condemn CFPB data collection rule
Lawmakers in the House and Senate have introduced resolutions of disapproval under the Congressional Review Act to overturn the Consumer ...
