Fed’s Powell expects capital rules to be reopened for public comment
Federal Reserve Chairman Jerome Powell said that he expects the proposed Basel III endgame capital standards will be reopened to ...
Tag: Congress
ABA, associations oppose data privacy bill in current form
ABA and six financial sector associations said that they oppose legislation that would establish national data privacy standards because the ...
ABA, TBA release ad encouraging Rep. De La Cruz to keep working for small businesses
ABA and Texas Bankers Association today released a new radio ad highlighting Rep. Monica De La Cruz’s (R-Texas) efforts to ...
ABA, associations support bill to pause debit card fee proposal
ABA and four banking and credit union associations voiced their support for legislation that would pause a Federal Reserve proposal ...
ABA releases ads encouraging Reps. Ciscomani, Davis to fight for small businesses, workers
New ads encourage Rep. Juan Ciscomani (R-Ariz.) to keep fighting for policies that will protect workers and recognize Rep. Don ...
ABA urges technology-neutral regulation of tokenization
Regulations governing tokenization should be risk based and technology neutral, and they should allow banks to use distributed ledger technology ...
House subcommittee budgets $276 million for CDFI Fund in draft appropriations bill
A House subcommittee budgeted $276.6 million for the Community Development Financial Institutions Fund in its draft fiscal year 2025 appropriations ...
Lawmakers urge FHFA to reject proposed Freddie Mac second mortgage product
In a letter, 34 senators and House members expressed concern about a proposal by Freddie Mac to purchase single-family, closed-end ...
House passes bill to prevent Fed from issuing a CBDC
The House voted 216-192 in favor of a bill to prohibit the Federal Reserve from issuing a central bank digital ...
ABA, associations: Data privacy bill would create conflicting requirements
A bill that would establish national data privacy standards does not include clear language for financial institutions to understand their ...
