Regulatory reform

Fed seeks to clarify bank control framework

04/23/19

The Fed board unveiled a proposal Tuesday to standardize how investors owning less than one-quarter of a bank can determine who holds a "controlling" stake and therefore must register as a bank holding company.

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FDIC board backs reg relief proposals for foreign banks, living wills

04/16/19

Following the Federal Reserve Board, the FDIC signed off on proposed measures to ease resolution planning requirements and tailor supervisory standards for foreign banking companies operating in the U.S.

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Will White House memo be a roadblock for reg relief?

04/16/19

The administration’s move seems aimed at cutting down on regulation. But broader reviews by the White House under the Congressional Review Act could hinder rules the industry supports.

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How far will CFPB go to modernize debt collection rules?

04/14/19

A key question is whether the agency will restrict the ability of firms to track down delinquent borrowers with emails and text messages, which weren't in use when current regulations were adopted.

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Regulators instructed to clear new rules with White House

04/11/19

The Trump administration directed independent agencies to submit their pending regulations for review by the Office of Information and Regulatory Affairs, a novel procedural hurdle that could slow down policy changes.

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Why are policymakers so afraid of the word 'deregulation'?

04/11/19

Regulators and lawmakers go to great lengths to avoid using the term for reforms in the Trump era, but its meaning is consistent with recent steps to revise and clarify the post-crisis regime.

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Fed opens reg relief tent to foreign banks

04/08/19

The Federal Reserve Board unveiled a host of proposed changes to tailor U.S. supervision of foreign firms, as well as a proposal easing “living will” requirements for both domestic and overseas banks.

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Bankers back bill to let states determine marijuana rules

04/04/19

A broad bill that amends the Controlled Substances Act to formally recognize state laws legalizing marijuana has the support of the financial services industry.

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Top Senate Democrat presses BB&T, SunTrust on impact of merger

03/28/19

Sen. Sherrod Brown, the Senate Banking Committee's top Democrat, said the banks failed to provide enough information on how their proposed combination would affect employees and consumers.

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House banking panel advances pot banking bill

03/28/19

Nearly a dozen Republicans joined all of the committee's Democrats in supporting the legislation, which would enable banks to serve legal marijuana businesses.

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