The Federal Reserve is “close” to finalizing the Net Stable Funding Ratio, a long-term liquidity measurement included in the Basel III liquidity standards, Federal Reserve Governor Lael Brainard said during a speech in Washington today.

Testifying before the House Financial Services Committee this morning, Federal Reserve Vice Chairman for Supervision Randal Quarles outlined several ways in which the Fed has already or is in the process of tailoring the post-crisis regulatory framework to promote efficiency, transparency and simplicity.

A new joint proposal from the Federal Reserve, FDIC and the OCC will give banks the option to phase in the regulatory capital effects of the Current Expected Credit Loss standard, the Federal Reserve announced today.

The Federal Reserve today issued a proposal that would seek to more closely align the Fed’s forward-looking stress testing results with its non-stress capital requirements for banks with $50 billion or more in assets by basing capital requirements on stress test performance.

On the latest episode of the ABA Banking Journal Podcast, three top ABA leaders break down the Senate passage of S. 2155, the bipartisan regulatory reform bill passed last night, and explore both what's in the bill and the path ahead for the legislation. 

In a bipartisan 67-31 vote, the Senate tonight passed S. 2155, the bipartisan regulatory reform bill crafted by Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Sens. Jon Tester (D-Mont.), Heidi Heitkamp (D-N.D.), Mark Warner (D-Va.) and Joe Donnelly (D-Ind.).

A federal judge in Missouri yesterday dismissed a lawsuit brought by two mutual bank depositors seeking a windfall payout of their bank’s accumulated capital when it merged into another institution.

Mutual banks are increasingly exploring the use of sub debt as a vehicle for growing capital and enhancing strategic choices.

In a bipartisan 245-169 vote, the House last night voted to pass the ABA-backed H.R. 4296.

Tailoring regulation based on an institution’s size and risk profile is “at the heart of what we’re doing” at the Federal Reserve, Chairman Jerome Powell affirmed today during testimony before the House Financial Services Committee.