House lawmakers debate regulatory burden on banks
House Republicans accused regulators of failing to appropriately tailor regulation to bank size and risk while Democrats said the Trump ...
Tag: Regulatory burden
ABA, associations urge FCC to lower regulatory barriers to customer communications
ABA led a group of seven associations representing financial and electric utility industries in urging the FCC to revise or ...
Trump orders agency heads to use Supreme Court decisions to rescind ‘unlawful’ regulations
Presidential memo lists 10 U.S. Supreme Court cases that agency heads should use to determine which regulations should be repealed.
Bessent outlines administration’s plan for easing bank regulation
The Treasury Department intends to play a greater role in bank regulation with more regulatory tailoring for community banks, which ...
FDIC rescinds notification guidance for crypto activities
The FDIC rescinded earlier guidance urging banks to first contact the agency before engaging in crypto-related activities, part of a ...
Bowman urges Fed to review use of adverse comments in bank applications
Federal Reserve Governor Michelle Bowman urged the Fed board to reconsider its approach to adverse comments in bank applications, pointing ...
Bessent: Trump administration re-examining ‘all bank regulation’
Treasury Secretary Scott Bessent said the Trump administration is re-examining “all bank regulation” with a focus on easing the burden ...
OCC withdraws policy on bank engagement with cryptocurrency
The OCC published an interpretive letter rescinding the agency’s policy on bank engagement with cryptocurrency “to reaffirm that a range ...
House committee advances resolution to overturn CFPB overdraft rule
The House Financial Services Committee voted to advance a joint resolution to invalidate the Consumer Financial Protection Bureau’s final rule ...
CFPB drops lawsuit against Zelle
The CFPB dismissed its lawsuit against the operator of Zelle and several participating banks for allegedly failing to take steps ...
