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: Reg reform
ABA Urges FDIC to Provide Compliance Relief on Deposit Recordkeeping Rule
The American Bankers Association told the FDIC today that covered institutions continue to encounter major challenges in complying Part 370, ...
FSB: Bank Resilience Key in COVID-19 Response
Financial regulatory reforms implemented since the last crisis, including the Basel III framework, helped the global financial system absorb shocks ...
CFPB Proposes Exemption from Escrow Requirements for High-Priced Mortgages
The Consumer Financial Protection Bureau today proposed to exempt certain higher-priced mortgage loans from a requirement under Regulation Z to ...
ABA Supports Proposed Regulatory Reforms to Volcker Rule’s ‘Covered Funds’ Provisions
In a comment letter to the federal banking agencies today, the American Bankers Association supported a proposal to amend the ...
ABA Submits Feedback on Proposed Income Inclusion Regulations
ABA this week filed a comment letter on regulations proposed by the IRS on the timing of income inclusion under ...
Agencies Issue Final Rule Raising Residential Real Estate Appraisal Threshold to $400K
The financial regulatory agencies today issued a final rule—which takes effect immediately—raising the appraisal threshold for residential real estate transactions ...
ABA Submits Guiding Principles for Housing Finance Reform
In a statement for the record before yesterday’s Senate Banking Committee hearing on housing finance reform, ABA recommended nine principles ...
ABA’s Nichols Unpacks Key Banking Issues in New Podcast
In an interview with economist Andy Busch on the Engage podcast, ABA President and CEO Rob Nichols outlined priority banking ...
ABA, State Bankers Associations Call for Early Adoption for Regulatory Capital Relief
The American Bankers Association and 52 state associations wrote to the heads of the financial regulatory agencies yesterday urging them ...
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