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Newsbytes

With the 117th Congress preparing to tackle additional coronavirus relief, as well as a broad range of other policy items, the American Bankers Association on Friday released its 2021 Blueprint for Growth.

Commercial Lending

In response to shifting market dynamics and increasing competition in the financial services industry, the Federal Reserve is contemplating changes to its framework for antitrust analysis, Fed Governor Michelle Bowman told attendees at the American Bankers Association’s virtual Conference for Community Bankers today.

Compliance and Risk

In remarks at a virtual event hosted by the Federal Reserve today, Fed Governor Lael Brainard said that the federal banking agencies are in the process of drafting request for information on the risk management of artificial intelligence applications in financial services as they consider “whether additional supervisory clarity is needed to facilitate responsible adoption of AI.”

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