House committee advances resolution to overturn CFPB overdraft rule
The House Financial Services Committee voted to advance a joint resolution to invalidate the Consumer Financial Protection Bureau’s final rule ...
Tag: Congress
Lawmakers reintroduce ABA-backed ACRE Act to boost rural economies
Lawmakers reintroduced the Access to Credit for our Rural Economy Act, which would make it easier for farmers, ranchers and ...
House passes bill to expand chronic disease treatment options under HSA-qualified plans
The House passed a bipartisan bill to expand chronic disease treatment options covered by high deductible health plans, such as ...
Lawmakers urge administration to fill Fed’s vice chair for supervision role
Republican lawmakers urged Treasury Secretary Scott Bessent to quickly fill the role of vice chair for supervision on the Federal ...
Bill to expand telehealth services receives HSA Council backing
Lawmakers have introduced a bipartisan bill to allow individuals to continue to use their health savings accounts to access telehealth ...
CFPB nominee McKernan criticizes bureau’s past actions as politicized
Consumer protection is critical, but too often the CFPB has “gotten in the way of its own mission,” former FDIC ...
FHFA nominee: Fannie Mae, Freddie Mac conservatorships should not be ‘indefinite’
FHFA's conservatorships of Fannie Mae and Freddie Mac should not be indefinite, but “any exit from conservatorship must be carefully ...
Bankers offer recommendations for improving small-business lending program
Two community bankers from ABA member banks testified during a Senate hearing on the Small Business Administration’s 7(a) loan guarantee ...
ABA points to role of regulators in discouraging bank engagement in digital assets
In a letter to senators, ABA highlighted recent FDIC documentation showing that regulators discouraged banks from fully engaging with digital ...
House lawmakers offer recommendations to FDIC on digital asset regulation
Republican lawmakers on the House Financial Services Committee offered five recommendations to the FDIC on how to “clarify” digital asset ...
