Treasury Secretary nominee pressed on bank regulation, credit card fees
During a confirmation hearing, Bessent called for less regulation on banks and criticized credit card companies, although he stopped short ...
Tag: Regulatory burden
CFPB urges states to ban ‘junk fees,’ revamp consumer protection laws
As part of a last-minute flurry of rulemaking and guidance, the CFPB released a report recommending states “strengthen” consumer protections ...
Scott unveils Senate Banking Committee priorities
Senate Banking Committee Chairman Tim Scott (R-S.C.) unveiled his list of committee priorities for the 119th Congress, which include re-examining ...
ABA, state bankers associations ask Trump to pause all open regulatory actions
ABA and 52 state bankers associations are urging President-elect Trump to halt work on all open regulatory actions during his ...
FDIC’s Hill outlines policy priorities in next administration
FDIC Vice Chairman Travis Hill outlined his policy priorities for the agency, calling for a return to fundamentals for bank ...
Fed’s Bowman seeks return to regulatory tailoring, transparency
Acknowledging the coming change in administration, Bowman outlined a more restrained approach to bank regulation based on three principles: Prioritization ...
OCC’s Hsu discusses deposit insurance reform, domestic bank regulation
Federal agencies have changed their supervisory practices regarding liquidity risk management since the failure of Silicon Valley Bank, but only ...
Regulatory agenda outlines upcoming rules from CFPB, FinCEN, Federal Reserve
Semi-annual report show plans by federal agencies on regulations regarding medical debt, NSF fees and more. However, the rules listed ...
Top bank risks for 2025
New and persistent bank risks’ interconnectedness elevate overall risk.
ABA analysis: Most commenters oppose Fed’s changes to debit card regulations
Nearly 80% of commenters on the Federal Reserve’s proposed rule to lower the cap on debit card interchange fees oppose ...
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