ABA today submitted comments on a recent joint proposal by regulators to pause the transition to the Basel III capital framework for banks not using the Basel advanced approaches.

With the European Union contemplating more stringent regulatory capital rules for U.S. and non-EU headquartered systemically important financial institutions, Rep. Blaine Luetkemeyer (R-Mo.) today wrote to Federal Reserve Chairman Janet Yellen urging the Fed to reevaluate its own regulatory treatment of international banks.

The Federal Reserve, FDIC and OCC today issued a proposed rule that would pause the transition to the Basel III capital framework for banks not using the Basel advanced approaches.

As currently designed, the supplementary leverage ratio for the largest banking organizations risks harming banks’ role as a safe haven in a future crisis, wrote ABA VP Hugh Carney in an American Banker op-ed today.

The federal regulatory agencies today issued joint guidance on the regulatory capital treatment of certain centrally cleared derivative contracts in light of recent changes to the rulebooks of certain central counterparties.

The Federal Reserve today proposed a new supervisory rating scale for large bank holding companies with more than $50 billion in assets.

During his confirmation hearing today, Randal Quarles -- President Trump’s nominee to serve as Federal Reserve vice chairman for supervision -- endorsed the concept of tailored supervision that ABA has done much to work into the policy conversation over the past several years.

Testifying before the Senate Banking Committee today, Federal Reserve Chairman Janet Yellen acknowledged that aspects of the agency’s enhanced supplementary leverage ratio “may be having unintended adverse consequences” and said the Fed is looking into changes.

In a letter to Treasury Secretary Steven Mnuchin yesterday, a group of bipartisan lawmakers urged Treasury to prioritize policy changes that would increase coordination between regulatory agencies conducting bank examinations to help reduce the compliance burden on financial institutions.

Testifying before the House Financial Services Committee today, Federal Reserve Chairman Janet Yellen highlighted opportunities for Congress and financial regulators to streamline and reduce regulatory burdens.