Regulators field lawmaker questions on Basel endgame, stablecoins
Regulators said they expect to repropose the Basel III endgame capital requirements by the end of March and fielded questions ...
Tag: Congress
Bill would strengthen criminal penalties for ATM robberies
ABA is supporting a Senate bill to ensure that robberies of off-site ATMs carry the same legal consequences as bank ...
Report: Democrats demand Fed release info on bank supervision changes
Sen. Elizabeth Warren (D-Mass.) and other Democrats are demanding that the Federal Reserve turn over information on recent changes to ...
ABA: SCAM Act will compel social media companies to protect consumers
As long as fraudulent ads continue to drive revenue for social media platforms without consequence, more must be done to ...
Bankers share stablecoins’ opportunities, risks for community banks
Congress last year passed the Genius Act, creating a regulatory framework for stablecoins.
Bill would prevent states from imposing lending rate caps on out-of-state banks
Two lawmakers have introduced legislation to prevent states from imposing interest rate caps on loans from out-of-state chartered banks and ...
Senate fails to reach funding deal on DHS
The Senate adjourned without reaching a funding deal for the Department of Homeland Security, meaning a limited shutdown affecting only ...
Supervisory tailoring bill introduced in Senate
A bipartisan group of senators introduced legislation to raise the asset threshold under which banks are subject to longer examination ...
SCAM Act introduced in House
Two House lawmakers have introduced legislation directing social media companies to take steps to fight fraudulent advertisements on their platforms. ...
Democrats urge courts to stop efforts to ‘dismantle’ CFPB
Nearly 200 Democratic and independent members of Congress this week filed an amicus brief urging the courts to halt what ...
