Regulatory relief

Regulators exempt community banks from Volcker rule

07/09/19

Bank regulators finalized a proposal to exclude small institutions from the proprietary trading ban, as required by last year’s reg relief bill.

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Simplified stress test metric will be ready by 2020: Fed’s Quarles

07/09/19

The Federal Reserve last year proposed consolidating many of the measures of a bank’s capital strength into a single “stress capital buffer.”

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Where the 2020 Democrats stand on banking issues

07/08/19

Critical comments about Wall Street in the first debates signal an unfriendly political environment for banks. Here is a sample of leading candidates’ financial policy views.

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Banks push for greater relief on foreign bank regs, living wills

07/07/19

The industry is urging federal regulators to go further in streamlining oversight of foreign banks and resolution-planning requirements. Critics warn that the proposals could weaken post-crisis safeguards.

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Simplified call report set to take effect Sept. 30

07/05/19

The new rule, subject to approval by the Office of Management and Budget, would enable FDIC-supervised institutions with less than $5 billion in assets to use a shorter form every other quarter.

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State AGs oppose CFPB efforts to roll back overdraft rule

07/02/19

New York Attorney General Letitia James said there is “no basis to believe” that the overdraft rule has harmed small banks and credits unions.

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FSOC’s proposals would promote financial stability, not undermine it

06/28/19

Focusing regulatory reforms on risk-based activities is a more effective approach to weeding out potential systemic threats.

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House passes pot banking amendment to spending bill

06/20/19

The House passed a spending bill amendment aimed at providing further clarity to banks looking to provide services to cannabis businesses.

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Senators seek to reassure small businesses about AML bill

06/20/19

While a bill to require firms to identify their owners has gained bipartisan support, some small companies argue it is burdensome and would subject them to harsh penalties.

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CFPB chief’s equal-opportunity calendar

06/17/19

In her first four and a half months, Kathy Kraninger met with lawmakers more than twice as often as her predecessor, but her schedule demonstrates willingness to meet with industry and policy stakeholders from various camps.

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