Browsing: Liquidity

Economy

Testifying before the Senate Banking Committee today, ABA EVP Wayne Abernathy made the case for reducing the complexity of capital and liquidity rules, which he said would not only enhance bank supervision and management, but benefit bank customers.

Economy

In a comment letter to the Department of Treasury today, ABA and the ABA Securities Association applauded the department’s efforts to review the structure and function of the U.S. Treasury market and encouraged Treasury to fully examine the effects of the current regulatory environment on both market activity and bank customers.

Compliance and Risk

ABA today filed its fourth and final comment letter in response to the decennial EGRPRA regulatory burden review that the federal banking agencies must conduct. The letter addressed several issues that ABA identified through collaboration with banks of all sizes and from across the country.

Newsbytes

Speaking to the more than 1,000 attendees at ABA’s Government Relations Summit in Washington, D.C. today, Sen. Tim Scott (R-S.C.) criticized the Dodd-Frank Act, saying that the legislation created a “regulatory labyrinth” that has stymied banks’ ability to serve their customers and grow the economy.

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