Senators Scrutinize OCC Nominee’s Stance on Bank Reg Reform Law
Testifying before the Senate Banking Committee today, Saule Omarova—President Biden’s nominee to serve as the next comptroller of the currency—faced ...
Tag: Operation Choke Point
Brooks: OCC to Take ‘Serious Look’ at Oil and Gas Lending Decisions
The OCC will take a "serious look" at certain bank decisions not to lend to oil and gas projects in ...
Crapo Raises ‘Concerns’ on SAFE Banking Act, Seeks Feedback on Cannabis
Senate Banking Committee Chairman Mike Crapo (R-Idaho) yesterday expressed reservations about the American Bankers Association-supported SAFE Banking Act, which was ...
Senators Urge FDIC to End Choke Point Practices
Months after the Trump administration ended Operation Choke Point -- an Obama-era policy that sought to curtail disfavored businesses by ...
House Passes Bill Preventing Future ‘Choke Point’ Efforts
Although the Justice Department has ended its controversial "Operation Choke Point" initiative, the House tonight overwhelmingly passed a bill that ...
House Panel Passes Eight ABA-Backed Bills
The House Financial Services Committee today advanced eight ABA-backed regulatory reform bills, including several that ABA and the state bankers ...
ABA Urges House Committee to Approve 10 Bills Tomorrow
In advance of the House Financial Services Committee’s plans to vote on several regulatory reform bills tomorrow and Friday, ABA ...
Justice Department Formally Ends ‘Operation Choke Point’
In a letter to House Judiciary Committee Chairman Bob Goodlatte (R-Va.) yesterday, a Department of Justice official formally confirmed that ...
Lawmakers Call for Formal Clarification for Banks on ‘Operation Choke Point’
A group of Republican lawmakers wrote to the heads of the Department of Justice, Federal Reserve and OCC today asking ...
Hensarling’s Choice Act Includes Key ABA Priorities
House Financial Services Committee Chairman Jeb Hensarling (R-Texas) today released the latest legislative text of his Financial Choice Act, a ...
