Senate Banking Committee

Senate Republicans target banks refusing services to ICE contractors

02/14/20

Five Republican senators want to cut off deposit insurance for banks that have stopped offering financial services to firms that operate detention facilities and private prisons on behalf of the federal government.

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Trump nominee for Fed seat gets cold shoulder from senators

02/13/20

Both Democrats and Republicans aired concerns about controversial statements made by Judy Shelton on monetary policy, deposit insurance and other issues, raising doubts about her confirmation.

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Senate Dems want answers on how GSEs are preparing for climate change

02/03/20

In letters to Freddie Mac and Fannie Mae, six Democrats asked how the mortgage giants are factoring extreme weather into their risk modeling.

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Warren asks Fed nominee to clarify policy stances

01/31/20

The Massachusetts senator took aim at certain views expressed by Judy Shelton, a Trump administration pick to sit on the Federal Reserve Board, that have sparked controversy.

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ICBA urges Congress to crack down on CU-bank deals

01/30/20

The head of the small-bank trade group called for hearings to discuss tougher limits on credit union acquisitions of banks.

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Coup for community banks could spell disaster for industry

01/28/20

The recent Dodd-Frank rollbacks for smaller banks could encourage risk-taking that leads to a systemic issue.

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Industry to Crapo: Detach pot banking from public health debate

01/26/20

The pot banking bill is a long shot after recent criticism by the Senate Banking chairman, but bankers are trying a new argument in a last-ditch effort to sway lawmakers.

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The 2020 legislative docket: AML reform, GSEs, Dems v. regulators

01/01/20

The window to change beneficial-ownership rules or pass other measures will be narrow, but some legislative efforts from 2019 will carry over and House Democrats will resume inquiries of certain industry CEOs and Trump-appointed regulators.

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10 banking policymakers to watch in 2020

12/19/19

Impeachment continues to dominate Congress, but legislation the industry seeks is still pending and the bank regulators have a full agenda. Here are the figures who will drive the policy debate.

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Pot banking backers stand firm in face of Crapo’s opposition

12/19/19

After Senate Banking Committee Chairman Mike Crapo poured cold water on legislation enabling banks and credit unions to serve the marijuana industry, several key supporters of the effort are pushing back.

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