Regulatory relief

Pot banking goes to Washington: 3 takeaways

02/13/19

Members of both parties want to make it easier for legal cannabis businesses to access financial services, but myriad obstacles stand in the way of that goal.

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FDIC extends comment period on de novo bank process

02/12/19

The agency began seeking comments in December through a "request for information" on how to improve the agency's process for considering new deposit insurance applications.

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State AGs assail CFPB plan to build fintech sandbox

02/12/19

The bureau wants to further remove the threat of legal liability for firms that test products benefiting consumers, but the attorneys general say the agency cannot provide immunity from state law.

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It's regulators' job to tailor rules for small banks: Fed's Bowman

02/11/19

In her first speech as a governor, the former community banker and Kansas state regulator highlighted the strengths of smaller institutions and the banking agencies' tailoring efforts.

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Future of big-bank M&A could hinge on 2020 election

02/08/19

Some have suggested the BB&T-SunTrust deal could spur similar ones, but prolonged M&A growth is hardly a sure thing in this political environment.

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Warren questions Fed resolve on mergers after BB&T-SunTrust deal

02/08/19

“The board's record of summarily approving mergers raises doubts about whether it will serve as a meaningful check on this consolidation that creates a new too big to fail bank,” Sen. Elizabeth Warren said in a letter to the Fed.

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Waters says BB&T-SunTrust warrants 'serious scrutiny'

02/07/19

House Financial Services Chairwoman Maxine Waters said the merger is a direct result of a regulatory relief bill that was signed into law in May.

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BB&T-SunTrust union invites stricter regulation

02/07/19

The combined bank will move into a more demanding supervisory class under the Fed’s regime, but analysts also see a regulatory upside from the deal.

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Fed seeks balance between transparency, toughness in stress tests

02/07/19

The central bank has drawn mixed reviews for new stress test scenarios and changes to how much banks know about the test beforehand. Its top regulatory official says the enhancements help the post-crisis regime evolve.

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Fed’s approach to revamping post-crisis rules leaves no one satisfied

01/29/19

Banks say regulatory relief efforts should go even further, while public interest groups — and even one of the Fed’s regional offices — say the proposals to roll back supervisory standards go too far.

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