In a comment letter to the financial regulatory agencies today, the American Bankers Association offered feedback on a recent joint proposal to harmonize the Volcker Rule regulations with the S. 2155 law.
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The Consumer Financial Protection Bureau today requested public feedback on Property Assessed Clean Energy loans, a controversial type of financing that allows homeowners to pay for energy-efficient retrofitting — such as solar panels and high-efficiency air conditioners — through their property tax assessments, and which often take lien priority over the first mortgage lien.
An imprecise way of talking about a regulatory reform bill is leading to industry confusion.
The nation’s financial system is “strong and resilient” overall, Federal Reserve Chairman Jerome Powell told members of the Senate Banking Committee today.
As the agencies prepare to finalize the framework for the community bank leverage ratio, the FDIC has issued a proposal for how it will assess banks for deposit insurance that elect to use the CBLR framework.
In her first public appearance as a member of the Federal Reserve Board, Fed Governor Michelle Bowman today encouraged bankers to keep the lines of communication open with the regulatory agencies, emphasizing that “clear communication can help us all do our jobs better.”
Sen. Mike Crapo (R-Idaho) has been added as a keynote speaker at the American Bankers Association Washington Summit, to be held April 1-3 in the nation’s capital.
The Federal Reserve and FDIC today issued an advisory on voluntary private education loan rehabilitation programs to alert banks to an amendment to the Fair Credit Reporting Act that was included in the S. 2155 regulatory reform law.
In a deeply personal speech at a Florida Bankers Association event last night, FDIC Chairman Jelena McWilliams offered her perspectives on the U.S. financial system and how having an appropriately tailored regulatory framework enables banks to help their customers live the American dream.
Housing finance reform will be among the priority issues the Senate Banking Committee will focus on during the 116th Congress, Chairman Mike Crapo (R-Idaho) announced today.