News Topic: Regulatory relief

There are barriers to possible efforts by Acting Comptroller of the Currency Keith Noreika to act unilaterally to change the Volcker Rule. ... Read full article

The House Financial Services Committee approved the Financial Choice Act by 34 to 26. While it has enough support to clear the GOP-controlled House, it is unlikely to gain traction in the Senate. ... Read full article

Rebeca Romero Rainey, a third-generation community banker who rose to executive leadership in her early 20s, has been tasked to lead the Independent Community Bankers of America at a pivotal time. ... Read full article

The House Financial Services Committee began debate Tuesday on a sweeping regulatory reform bill, yet while it is expected to pass on party lines, few expect it to standa chance in the Senate. ... Read full article

Cam Fine, the longtime CEO of the Independent Community Bankers of America, is set to announce plans to retire next year, handing the reins to a community banker. ... Read full article

During a meeting with more than a hundred community bankers on Monday, Trump administration officials made it clear they favored a system with different rules for small and big banks. ... Read full article

President Trump is scheduled to meet with the top leadership of the Independent Community Bankers of America on Monday. ... Read full article

The debate over banking policy has tended to leave out all the other factors examiners use to gauge institution strength, therefore sidestepping a comprehensive approach to safety and soundness regulation. ... Read full article

Treasury Secretary Steven Mnuchin's upcoming report on how to rewrite financial regulation is likely to end up looking very similar to a Dodd-Frank overhaul plan in the House. ... Read full article

Readers sound off an attempt to block prepaid regulations, threats to consumer privacy, FSOC’s political bent, the proper use for SARs, and more. ... Read full article

Treasury Secretary Steven Mnuchin said fixes to orderly liquidation authority and the Volcker Rule would be included in regulatory recommendations to the president due this summer. ... Read full article

The House GOP has signaled that it is ready to move forward on its Dodd-Frank Act replacement plan. ... Read full article

Randal Quarles, the latest front-runner for the vice chair of banking supervision at the Federal Reserve Board, would represent a moderate, mainstream Republican choice that is likely to be welcomed by the financial services industry. ... Read full article

In an interview, CEOs for midsize banks said they are hopeful for a bipartisan Dodd-Frank Act reform bill that eases regulatory requirements for institutions with assets of more than $10 billion. ... Read full article

A carve-out that shielded billions of dollars in collateralized loan obligations from Dodd-Frank's risk-retention mandate could work against banks and other CLO managers if Dodd-Frank is overhauled. ... Read full article

The risks associated with a megabank collapse still pose huge problems for the industry, despite assurances from the head of the nation’s largest bank. ... Read full article

A Senate Republican effort to use an obscure process to restructure the CFPB could derail any bipartisan agreement on targeted changes to the Dodd-Frank Act. ... Read full article

Although the Dodd-Frank Act made some positive changes, the weight of its regulations is killing small banks, Bank of America CEO Brian Moynihan said Tuesday. ... Read full article