A majority of bankers -- 77 percent -- agree that burdensome mortgage regulations continue to have a negative effect on business production, according to ABA’s 25th annual Real Estate Lending Survey released today.

In testimony before the Senate Banking Committee today, Federal Reserve nominee Michelle Bowman highlighted the critical role that community banks play in growing the economy, and offered support for more closely tailored regulation for these institutions.

As advocated by ABA, the Financial Crimes Enforcement Network today issued an administrative ruling to provide relief for institutions from applying the beneficial ownership rule to premium finance products that allow for cash refunds.

The House will vote on S. 2155, the bipartisan financial regulatory reform bill advanced by the Senate in March, while the Senate will take up a set of bills passed by the House Financial Services Committee, according to an agreement announced by House Speaker Paul Ryan (R-Wis.) today.

As the Treasury prepares to issue its report on nonbank fintech issues, ABA today released a white paper featuring several fintech policy recommendations that would facilitate innovation both inside and outside of the regulated banking system and promote partnerships between banks and nonbanks.

House Majority Leader Kevin McCarthy (R-Calif.) said today that he expects the House to pass S. 2155, the bipartisan financial regulatory reform bill, sometime in May.

At the end of a whirlwind week in Washington, James Ballentine -- head of congressional relations at ABA -- recaps the action at the ABA Government Relations Summit.

The Consumer Financial Protection Bureau today finalized an amendment to fix a consequential issue with the TILA-RESPA integrated disclosure rules that caused consumers to face significant regulatory delays because of legitimate fee changes during the origination process.

House Financial Services Committee Chairman Jeb Hensarling (R-Texas) today signaled that he may drop efforts to amend S. 2155, the bipartisan regulatory reform bill passed by the Senate last month.

As part of the Government Relations Summit this week, ABA has released a host of new resources to help bankers communicate with their customers and lawmakers about the real-world impact of the industry.