Federal Issues
Credit Cards
Regulatory Reform
- Dodd/Frank Act: Financial Regulatory Reform Resources
CBA resources on the Dodd/Frank Act
- Perlmutter’s CRE Loss Amortization Amendment
An amendment that would allow banks to amortize losses from commercial real estate was added to the House’s small business lending bill (HR 5297).
- Regulation of Interchange Fees
Senator Richard Durbin has introduced 3 amendments to regulate the interchange rates banks charge merchants to use card payment systems.
- Too-Big-to-Fail
Disallowing companies to grow to the stage where their downfall would create systemic problems in our economy was a key factor the Obama Administration wants to target through regulatory reform actions.
- Federal Regulatory Reform Plan
On June 16th, President Obama released a sweeping proposal to overhaul of the financial regulatory system that Congress is working to enact by the end of the year.
- Consumer Financial Protection Agency
One aspect of the Obama Administration's vast regulatory restructuring proposal is the creation of the Consumer Financial Protection Agency.