White House releases AI action plan
The Trump administration released an “action plan” for spurring the development of artificial intelligence technologies.
Tag: Regulatory burden
Bessent: Capital standards reform should benefit all banks
Bank regulators should abandon the “flawed” approach of creating two sets of capital standards for large banks and instead propose ...
Bowman provides rationale for capital standards, bank ratings reform
In an interview on CNBC, Federal Reserve Vice Chair for Supervision Michelle Bowman spelled out her approach to reforming capital ...
Banking agencies seek more feedback on regulatory burden
For the fourth and final round of EGRPRA review, the agencies are soliciting comments on regulations in three categories: Banking ...
ABA, associations seek revisions to data breach standards for investment companies, advisers
The SEC needs to provide more clarity and guidance about recent amendments to its data breach standards for investment companies ...
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 ...
ABA urges lawmakers to take up Dodd-Frank reform
ABA shared several possible reforms for the Dodd-Frank Act as the law approaches the 15th anniversary of its enactment, saying ...
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 ...
Banking groups urge regulators to prioritize indexing of supervisory asset thresholds
ABA, along with 52 banking trade associations, sent a letter urging leaders at the Federal Reserve, Office of the Comptroller ...
OCC to outline process for criminal referrals
The OCC will issue a report detailing which regulatory violations can be referred to the Department of Justice for criminal ...
