Browsing: Dodd-Frank

Economy

In a letter to Rep. Blaine Luetkemeyer (R-Mo.) last week, Federal Reserve Chair Janet Yellen said that the Fed will provide banks with more details on the stress testing process in response to calls from lawmakers and others — including ABA — for greater transparency.

Compliance and Risk

Regulations based on asset size are “inappropriate and needlessly burdensome” for many banks with non-complex business models, and ultimately lead to higher costs and fewer choices for consumers, ABA said in written testimony submitted for a Senate Banking Committee hearing on regulatory relief for midsize and regional banks today.

Economy

The House today passed the Financial Choice Act by a mostly party line vote of 233 to 186 (one Republican, Rep. Walter Jones of North Carolina, voted against).

1 9 10 11 12 13 20