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Monday, March 25, 2019   (0 Comments - view/add)
IRS Issues Proposed Regulations on BOLI Transfers »
The Internal Revenue Service and the Treasury Department on Friday issued proposed regulations related to new reporting ru...
Friday, March 22, 2019   (0 Comments - view/add)
Judge dismisses FDIC lawsuit against banks »
A lawsuit filed by the Federal Deposit Insurance Corp. against Citibank, Bank of New York Mellon and U.S. Bank over the mo...
Friday, March 22, 2019   (0 Comments - view/add)
Fed kept growth from reaching 4% last year, Trump says »
The US economy would have grown more than 4% last year if the Federal Reserve hadn't raised interest rates and scaled back...
Friday, March 22, 2019   (0 Comments - view/add)
Kraninger moves to expand CFPB advisory panels' stature »
The terms for members of four Consumer Financial Protection Bureau advisory boards have been extended from one to two year...
Friday, March 22, 2019   (0 Comments - view/add)
Delinquent GSE Mortgages Fall in Q4 »
The number of home loans backed by Fannie Mae and Freddie Mac that are 60 or more days past due fell from 1.13 percent to...
Friday, March 22, 2019   (0 Comments - view/add)
Fed Report Shows Durbin ‘Exempt’ Issuers Saw Debit Interchange Decline »
Smaller debit card issuers—those covered by the Durbin amendment’s routing provision but not its interchange fee cap—conti...
Friday, March 22, 2019   (0 Comments - view/add)
State Associations Raise Concerns About National Rate Cap in Letter to FDIC »
ABA joined a group of 51 state bankers associations in a letter to FDIC Chairman Jelena McWilliams yesterday voicing conce...
Thursday, March 21, 2019   (0 Comments - view/add)
Markup scheduled for federal marijuana banking bill »
the House Financial Services Committee has scheduled a markup for H.R. 1595, the Secure and Fair Enforcement Banking Act o...
Thursday, March 21, 2019   (0 Comments - view/add)
Survey: Banks advance in meeting Basel III »
A Basel Committee on Banking Supervision survey of 189 banks finds all of them are progressing toward compliance with capi...
Thursday, March 21, 2019   (0 Comments - view/add)
Consumers receiving cheaper loans from banks »
Banks are offering better rates to borrowers with good credit scores as the Federal Reserve indicates it will not raise in...
Thursday, March 21, 2019   (0 Comments - view/add)
Fed: Slowing economy rules out rate increases »
The Federal Reserve says it will leave interest rates unchanged until it sees whether the economy stabilizes as the stimul...
Thursday, March 21, 2019   (0 Comments - view/add)
CFPB Proposal on Debt Collection Expected This Spring »
The Consumer Financial Protection Bureau is expected to issue a notice of proposed rulemaking this spring to address a num...
Thursday, March 21, 2019   (0 Comments - view/add)
FDIC’s ‘Supervisory Insights’ Highlights Libor Transition »
With the future of Libor uncertain beyond 2021, the FDIC’s Winter 2018 Supervisory Highlights provides an overview of step...
Thursday, March 21, 2019   (0 Comments - view/add)
Supreme Court: Foreclosure Firms Not Considered Debt Collectors Under FDCPA »
The Supreme Court yesterday ruled unanimously in the case of Obduskey v. McCarthy & Holthus LLP that a busines...
Wednesday, March 20, 2019   (0 Comments - view/add)
OCC Proposes Partial Assessment Refunds for Banks Leaving Its Supervision »
The OCC today proposed to amend its assessment rules to provide partial refunds to national banks, federal thrifts and fed...
Wednesday, March 20, 2019   (0 Comments - view/add)
Fed to turn attention to components of Treasurys portfolio »
The Federal Reserve is expected to announce when it will stop winding down its asset portfolio but now must decide which T...
Wednesday, March 20, 2019   (0 Comments - view/add)
US, China aim to sign trade deal in late April »
The US and China hope to sign a trade agreement toward the end of April at a summit at President Donald Trump's Mar-a-Lago...
Wednesday, March 20, 2019   (0 Comments - view/add)
Report: Cyberattacks on financial firms up 160% »
Hackers have become more aggressive and more sophisticated when attacking financial institutions, which have seen destruct...
Wednesday, March 20, 2019   (0 Comments - view/add)
Coalition against CFPB delay of small-dollar lending rule grows »
Michigan Attorney General Dana Nessel has joined a coalition of attorneys general asking the Consumer Financial Protection...
Monday, March 18, 2019   (0 Comments - view/add)
Senators may offer alternative plan on credit bureaus, data privacy »
Aides for Sen. Mark Crapo, R-Idaho, and Sen. Sherrod Brown, D-Ohio, say the two are considering their own data privacy leg...
Monday, March 18, 2019   (0 Comments - view/add)
Bill would require review of alternatives before SIFI designation »
A Senate bill with bipartisan backing seeks to make it mandatory for the Financial Stability Oversight Council to look int...
Monday, March 18, 2019   (0 Comments - view/add)
Farm bank lending on the rise »
Farm banks continue to be a reliable source of credit for America's farmers and ranchers, with farmland loans and farm pro...
Monday, March 18, 2019   (0 Comments - view/add)
Agencies Facilitate Transfers of Legacy Swaps Under ‘Hard Brexit’ »
With uncertainty rising around the United Kingdom’s pending withdrawal from the European Union, five federal regulatory ag...
Monday, March 18, 2019   (0 Comments - view/add)
ABA Emphasizes Banks’ Commitment to Consumer Privacy »
Responding to a request for feedback on consumer privacy legislation from Senate Banking Committee Chairman Mike Crapo (R-...
Friday, March 15, 2019   (0 Comments - view/add)
Economists: Next rate increase won't come before Sept. »
The Federal Reserve won't raise interest rates again until September at the earliest, said 57% of economists recently surv...
Thursday, March 14, 2019   (0 Comments - view/add)
Trump budget would require congressional approval for CFPB funding »
The Consumer Financial Protection Bureau would no longer set its own budget but would need congressional approval under Pr...
Thursday, March 14, 2019   (0 Comments - view/add)
ABA, Trade Groups Call for National Beneficial Ownership Registry »
As the House Financial Services Committee yesterday held a hearing on financial crimes, ABA joined eight other financial t...
Thursday, March 14, 2019   (0 Comments - view/add)
Rule on exec pay unlikely to come soon »
The Dodd-Frank Act requires a rule on incentive compensation for executives, but regulators have not settled on one, after...
Thursday, March 14, 2019   (0 Comments - view/add)
Same-day payment window postponed by Fed »
The Federal Reserve has delayed a same-day payment window for automated clearinghouse transactions, saying there is not en...
Wednesday, March 13, 2019   (0 Comments - view/add)
US trade representative: Talks with China almost done »
US-Chinese trade talks are nearing a deal, with both sides trying to clear final hurdles, US Trade Representative Robert L...
Wednesday, March 13, 2019   (0 Comments - view/add)
Senators question Kraninger on military lending, student loans »
Members of the Senate banking committee questioned Consumer Financial Protection Bureau Director Kathy Kraninger on milita...
Wednesday, March 13, 2019   (0 Comments - view/add)
Revised CRA might assess community development, retail separately »
Revisions to the Community Reinvestment Act might include separate assessments for retail activity and community developme...
Wednesday, March 13, 2019   (0 Comments - view/add)
Szyperski in WSJ: Community Banks Are Investing in Tech »
Community banks are putting technology to work for their customers and have been for decades, ABA Chairman Jeff Szyperski...
Tuesday, March 12, 2019   (0 Comments - view/add)
FinCEN Updates List of AML/CFT Jurisdictions »
The Financial Crimes Enforcement Network last week released a revised list of the jurisdictions that are subject to counte...
Tuesday, March 12, 2019   (0 Comments - view/add)
McWilliams: Volcker Reform Should Address Treatment of Foreign Funds »
Noting that “the agencies still have work to do” to reform the Volcker Rule, FDIC Chairman Jelena McWilliams yesterday emp...

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