As part of the banking industry’s continuing response to President Trump’s executive order outlining “core principles” for financial regulation, ABA yesterday called for a full repeal of the Dodd-Frank Act’s complex Volcker Rule.
As part of the banking industry’s continuing response to President Trump’s executive order outlining “core principles” for financial regulation, the American Bankers Association in a white paper today urged federal regulators to make changes to the current stress testing framework for large and midsize banks.
President Trump today ordered the Treasury Department to conduct reviews of the Dodd-Frank Act’s Orderly Liquidation Authority and its process for designating nonbanks as systemically important financial institutions.
In a detailed letter today to Treasury Secretary Steven Mnuchin, ABA provided a number of recommendations to improve banks’ regulation and promote economic growth.
As part of the banking industry’s continuing response to President Trump’s executive order outlining “core principles” for financial regulation, ABA today urged federal regulators and law enforcement to reign in disparate impact and redlining investigations that go beyond the law and Supreme Court precedent.
As part of the banking industry’s continuing response to President Trump’s executive order outlining “core principles” for financial regulation, ABA provided recommendations to the Treasury Department today on areas where the bank capital framework can be improved.
In response to President Trump’s executive order outlining “core principles” for financial regulation, ABA submitted feedback to the Treasury Department today on changes needed to address the “destabilizing effects” of the Basel III liquidity standards.
ABA’s Wayne Abernathy and Shaun Kern provide perspective on the flurry of White House actions thus far.
President Trump today issued two orders to reevaluate several provisions of the Dodd-Frank Act and the Department of Labor’s controversial fiduciary rule.