NCUA adopts rule to assert federal preemption over state interchange laws
The NCUA is issuing an interim final rule to clarify the powers of federal credit unions to charge certain fees, ...
Tag: OCC
Banking agencies announce additional actions to remove reputational risk
The FDIC, Federal Reserve and OCC said they have jointly updated several interagency documents to remove reference to reputational risk ...
Court rules federal law preempts Illinois interchange law
A federal court ruled that an Illinois law restricting the collection of interchange fees is preempted by federal law for ...
ABA, associations reaffirm support for federal preemption of Illinois interchange law
ABA joined other national associations and state bankers associations in submitting a trio of letters expressing their support for recent ...
FDIC, OCC release Q3, Q4 CRA exam schedules
The FDIC has released the schedules for Community Reinvestment Act examinations to be conducted in the third and fourth quarters ...
ABA provides feedback on proposed OCC regulatory rollbacks
ABA said it supported a proposal by the Office of the Comptroller of the Currency to rescind or amend regulations ...
ABA, plaintiffs ask court to quickly issue Illinois interchange fee decision on remand
ABA and other plaintiffs are asking a federal court to issue a decision by next week in a lawsuit seeking ...
OCC: Court should reverse Illinois interchange fee decision
The OCC is urging a federal court to reverse its decision upholding Illinois restrictions on interchange fees in light of ...
Trump administration proposes nondisclosure agreement for all government employees
The Trump administration is proposing the creation of a government-wide nondisclosure agreement for new and existing federal employees that agencies ...
ABA, plaintiffs urge court to overturn Illinois interchange fee law
Recent actions by the OCC make clear that federal law preempts an Illinois law restricting interchange fees, so a federal ...
