Housing finance reform will be among the priority issues the Senate Banking Committee will focus on during the 116th Congress, Chairman Mike Crapo (R-Idaho) announced today.
Browsing: Reg reform
ABA President and CEO Rob Nichols, along with senior ABA staff, discussed key issues and regulatory concerns in a roundtable meeting with new CFPB Director Kathy Kraninger and key members of her staff on Thursday. Representatives from the Independent Community Bankers Association and two national credit union trade groups also participated. Participants discussed industry concerns about
House Financial Services Committee Ranking Member Patrick McHenry (R-N.C.) wrote to Chairman Maxine Waters (D-Calif.) today urging her to hold hearings on a number of critical financial services issues, including several American Bankers Association priorities.
The American Bankers Association today offered its support for two proposals designed to tailor enhanced prudential standards for banking firms with $100 billion or more in assets.
The Federal Reserve today issued a proposed rule that would make changes to its framework for company-run stress tests to conform with Section 401 of the S. 2155 regulatory reform law.
The OCC yesterday announced revisions to its guidelines on recovery planning for the large financial institutions it regulates. Specifically, the agency has increased the threshold at which banks are covered by the guidance from $50 billion to $250 billion, and it has decreased the time within which a bank should comply with the guidelines from
The federal banking agencies today issued a final rule implementing a provision in the S. 2155 regulatory reform bill that make qualifying banks with up to $3 billion in assets eligible for an 18-month on-site exam cycle.
The financial regulatory agencies today issued a joint proposal to raise the threshold at which bank directors or other management officials are prohibited from serving at more than one depository institution or holding company.
In a move long sought by ABA, the FDIC today issued an advanced notice of proposed rulemaking on brokered deposits and the national rate cap. ABA has been actively engaged with the FDIC on the need to revise the regulations so that they accommodate modern banking and don’t discourage healthy banks from gathering deposits. Written over
The financial regulatory agencies today issued a proposed rule to implement a section of the S. 2155 regulatory reform law that grants an exemption from the Volcker Rule for community banks.