ABA ads praise six lawmakers, tell voters to stay engaged on issues
Unlike previous spots produced by the group that just backed candidates, the latest ones reflect a somewhat different approach. ... Read full article
Unlike previous spots produced by the group that just backed candidates, the latest ones reflect a somewhat different approach. ... Read full article
The changes mandated by the recent regulatory relief law would narrow the definition of "high-volatility commercial real estate" exposures that get a higher risk weight. ... Read full article
The tightening of Senate races in Republican strongholds has raised the prospects of Democrats having even more influence on regulatory appointments and the legislative agenda. ... Read full article
In its proposed “disclosure sandbox,” the bureau has eased restrictions on firms seeking a safe harbor from liability. ... Read full article
The proposal, required by the regulatory relief package that Congress passed in May, would exempt the healthiest banks from having to count reciprocal deposits as brokered deposits. ... Read full article
The Senate Banking Committee said it is postponing a hearing on the implementation of regulatory relief for "logistical reasons." ... Read full article
Regulators will continue to issue guidance to articulate general views on appropriate practices, but they will not issue enforcement actions based on violations. ... Read full article
The agency says the effort, part of a review conducted every 10 years, will help eliminate regulatory red tape. ... Read full article
The central bank, which received broad authority after the crisis to supervise big banks, is expected to get more attention from lawmakers over its discretion to ease banks’ burden. ... Read full article
The proposed rule is another step in the agency's implementation of a regulatory relief bill that President Trump signed into law in May. ... Read full article
PNC's Todd Barnhart, incoming Consumer Bankers Association chair, says the group is concentrating on the impending process of modernizing the Community Reinvestment Act among other issues that do not require action on Capitol Hill. ... Read full article
Kathy Kraninger has been tight-lipped about her plans for the consumer bureau, but some point to signs that she could curb the agency's power by reducing staff and other costs. ... Read full article
The agencies had proposed revisions designed to make compliance less complex, but banks have expressed concern that the plan could have the opposite effect. ... Read full article
The Consumer Financial Protection Bureau issued an interpretive rule Friday to clarify changes made to the Home Mortgage Disclosure Act that were mandated by President Trump's regulatory relief law. ... Read full article
The North Dakota Democrat says legislation reforming Dodd-Frank needs to be bipartisan in order for banks to see real relief. ... Read full article
The North Dakota Democrat bucked members of her own party in pushing for a bill reforming Dodd-Frank. She faces another uphill battle in November. ... Read full article
The new rule will raise the asset threshold for firms eligible for the Small Bank Holding Company and Savings and Loan Holding Company Policy Statement. ... Read full article
A top regulator has signaled that the banking agencies are receptive to extending the comment deadline, after banks raised concerns about a proposed revision to the ban on proprietary trading. ... Read full article
Before the passage of the recent regulatory relief law, only banks with assets of less than $1 billion were on an 18-month exam schedule. ... Read full article
The regulation implements a recent legislative provision dealing with how banks comply with post-crisis liquidity requirements. ... Read full article