Chair’s View: Walk like a bank, talk like a bank … get regulated like a bank
When the rules of the road that apply to banks do not apply the same way to nonbank service providers.
Tag: Regulation
ABA, associations: Close payment of interest loophole for stablecoins
ABA joined four associations in urging lawmakers to close a legal loophole that may allow for the payment of interest ...
Fed to host community bank conference in October
The Federal Reserve will hold a conference on Oct. 9 to discuss and identify issues facing community banks, Fed Vice ...
Bill would create regulatory labs for financial institutions to test AI
A bipartisan group of senators and House lawmakers introduced a bill to create regulatory “sandboxes” for artificial intelligence test projects ...
CFPB to keep notification procedures for state enforcement of consumer law
The CFPB is reversing course on its earlier decision to eliminate the procedures under which state officials must notify the ...
FDIC board advances proposals on industrial banks, supervisory appeals, bank branches
The FDIC board voted to roll back Biden-era actions on industrial banks, supervisory appeals and CRA implementation. It also introduced ...
FDIC proposes tying agency regulatory thresholds to inflation
The FDIC board voted to advance a proposal to regularly adjust some of the agency’s regulatory thresholds for banks to ...
Chair’s View: The time is now to rightsize banking regulation
The reality is that the banking industry is not the only one knocking on lawmakers’ doors with a list of ...
FDIC’s Hill: Agency to revisit resolution planning, de novo bank formation
The FDIC will waive some requirements for large bank resolution planning and take steps to boost de novo bank formation, ...
Trump limits regulatory autonomy at independent agencies
President Trump issued an executive order that limits the autonomy of so-called independent agencies — including the prudential bank regulators ...
