ABA congressional team: Election results positive for banking, but bipartisan work remains
Though the GOP sweep of the House and Senate portends good things for bank-friendly policy, there is still a lot ...
Tag: Section 1071
Federal court rejects challenge to Section 1071 final rule; ABA, TBA to appeal
A federal court denied a request for summary judgment in a lawsuit by ABA, the Texas Bankers Association and others ...
CFPB unveils test platform for filing small-business lending data
The CFPB opened its beta platform for submitting small business lending data, as required by Section 1071 of the Dodd-Frank ...
ABA urges CFPB to clarify Section 1071 implementation
The CFPB’s new compliance deadlines for its Section 1071 small-business data collection rule will help avoid confusion and unnecessary burden ...
CFPB extends compliance dates for small-business lending rule
The CFPB issued an interim final rule to formalize its previous announcement that it had extended by 290 days the ...
CFPB pushes back Section 1071 compliance deadlines
The CFPB announced that it had pushed back the compliance deadlines by several months for its Section 1071 small-business data ...
Nichols highlights regulatory lawsuits at American Mortgage Conference
With four active lawsuits against regulatory agencies, ABA President and CEO Rob Nichols emphasized Monday that filing a lawsuit is ...
ABA Chair Thurlow discusses regulatory ‘tsunami’ facing banks
In a recent interview with the newsletter Capitol Account, ABA Chair Julieann Thurlow spoke about the “tsunami” of regulation released ...
Sen. Britt concerned about ‘aggressive’ regulatory agenda
Speaking at the 2024 ABA Washington Summit, Sen. Katie Britt (R-Ala.) expressed concern about the “aggressive agenda” being pushed by ...
The true cost of too much data
A 2024 ABA survey shows that the CFPB’s 1071 final rule will significantly increase the cost of small business credit.
