Browsing: Dodd-Frank

Newsbytes

ABA has published a staff analysis of the Financial Choice Act, a nearly 500-page bill introduced by Rep. Jeb Hensarling (R-Texas) aimed at rolling back the Dodd-Frank Act’s extensive supervisory regime and providing regulatory relief for banks of all sizes.

Economy

The Federal Reserve today approved the capital plans of 30 out of 33 large banks participating in the Comprehensive Capital Analysis and Review. Only two banks — both foreign — saw their plans rejected, while one U.S. bank won a conditional “non-objection.”

Newsbytes

The state bankers associations today wrote to Rep. Randy Neugebauer (R-Texas) to express their support for a bill he introduced earlier this month that would repeal Dodd-Frank’s Durbin Amendment and eliminate the government-imposed price caps on debit card interchange.

Newsbytes

The largest U.S. banks collectively showed that they can withstand a severe economic downturn and continued to improve their capital positions, according to the results of Dodd-Frank Act-mandated stress tests the Federal Reserve released today.

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