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Thursday, July 6, 2017   (0 Comments - view/add)
ABA Invites Survey Participants on Fiduciary Rule »
As part of its ongoing advocacy for revisions to the Department of Labor’s fiduciary rule, ABA is surveying its members to...
Thursday, July 6, 2017   (0 Comments - view/add)
Basel: Global Correspondent Banking Relationships Continue Decline »
The number of worldwide correspondent banking relationships continues to decline, according to new figures released on Tue...
Thursday, July 6, 2017   (0 Comments - view/add)
Consumer Delinquencies Up in First Quarter »
Delinquencies in both open- and closed-end loans rose in the first quarter of 2017, according to the ABA Consumer Credit D...
Wednesday, July 5, 2017   (0 Comments - view/add)
Fed may clarify timing on balance-sheet reduction »
The Federal Reserve might soon reveal the timetable for shrinking its $4.5 trillion balance sheet. Minutes from the Fed po...
Wednesday, July 5, 2017   (0 Comments - view/add)
ABA to FCC: Efforts to Curb ‘Spoofing’ Must Protect Lawful Calls »
In a comment letter to the Federal Communications Commission on Friday, ABA urged the FCC to protect lawful calls made by...
Wednesday, July 5, 2017   (0 Comments - view/add)
DOL Seeks Feedback on Fiduciary Rule »
The Department of Labor last week issued a request for information on the fiduciary rule as part of its ongoing review of...
Wednesday, July 5, 2017   (0 Comments - view/add)
Fed Survey: Noncash Payments Increase, Debit Most Popular with Consumers »
Consumer noncash payments increased significantly between 2000 and 2015, according to new data from the Federal Reserve on...
Wednesday, July 5, 2017   (0 Comments - view/add)
DOL Seeks Changes to Overtime Rule »
Bloomberg reported that the U.S. Department of Labor (DOL) plans revisions to its overtime rule, which has been in li...
Wednesday, July 5, 2017   (0 Comments - view/add)
Minnesota congressman seeks to ease regulation on smaller banks »
Rep. Tom Emmer, R-Minn., is pushing for legislative changes that would ease the regulatory burden on small banks and make...
Wednesday, July 5, 2017   (0 Comments - view/add)
Senate bill would guarantee insurance expert on FSOC »
Sens. Mike Crapo, R-Idaho, and Sherrod Brown, D-Ohio, have introduced a bipartisan bill that would require the independent...
Wednesday, July 5, 2017   (0 Comments - view/add)
Fed holds to monetary tightening plans »
The Federal Reserve is committed to unwinding its monetary stimulus despite a recent slowdown in inflation. Fed officials...
Wednesday, July 5, 2017   (0 Comments - view/add)
ABA to Work with Regulators on BSA, /AML Exam Manual Updates »
ABA in July will work to provide feedback and recommendations to the federal regulatory agencies as they consider updates...
Wednesday, July 5, 2017   (0 Comments - view/add)
CBO: Lawmakers must raise debt limit by Oct. to avoid default »
To prevent the federal government from defaulting on its financial obligations, Congress must increase the national debt l...
Wednesday, July 5, 2017   (0 Comments - view/add)
Fed economist floats alternative to standardized measurement approach »
Federal Reserve senior economist Marco Migueis has suggested the forward-looking and incentive-compatible approach to calc...
Wednesday, July 5, 2017   (0 Comments - view/add)
ABA Wins Extension on Limited English Proficiency RFI »
The Federal Housing Finance Agency extended the comment period on its request for information on how to improve service to...
Wednesday, July 5, 2017   (0 Comments - view/add)
FHFA Proposes 2018-2020 Goals for Fannie, Freddie »
The Federal Housing Finance Agency yesterday proposed new metrics for assessing the performance of Fannie Mae and Freddie...
Wednesday, July 5, 2017   (0 Comments - view/add)
Fed Calculates Aggregate Liabilities »
The Federal Reserve yesterday announced that aggregate financial sector liabilities amounted to approximately $21.01 trill...
Wednesday, July 5, 2017   (0 Comments - view/add)
NCUA, Credit Union Trades File Briefs in Field of Membership Case »
The National Credit Union Administration last week filed a brief in ABA v. NCUA challenging ABA’s view that NCUA’s field...
Wednesday, July 5, 2017   (0 Comments - view/add)
Senate committee to address Fannie, Freddie »
The Senate banking committee is poised to hear testimony as lawmakers prepare to address the government's conservatorship...
Wednesday, July 5, 2017   (0 Comments - view/add)
Industry rejects Fed call for 26% capital ratio »
The Clearing House Association is concerned about a Federal Reserve working paper that calls for a Tier 1 Basel capital le...
Wednesday, July 5, 2017   (0 Comments - view/add)
US banks clear Fed stress test, plan payouts »
All major US banks are clear to pay dividends after every one passed the qualitative portion of the Federal Reserve's stre...
Wednesday, July 5, 2017   (0 Comments - view/add)
Changes coming to credit scores »
Credit reports will no longer contain most civil judgments and at least half of tax liens, which FICO formula provider Fai...
Wednesday, July 5, 2017   (0 Comments - view/add)
Opinion: CFPB hurts small businesses »
The Dodd-Frank Act has hurt small-business owners by creating the Consumer Financial Protection Bureau, which has limited...
Wednesday, July 5, 2017   (0 Comments - view/add)
House appropriations bill includes financial reform »
The House's financial-services appropriations bill for fiscal 2018 would curb some of the Consumer Financial Protection Bu...
Wednesday, July 5, 2017   (0 Comments - view/add)
Ely: FCS Continues to ‘Grossly Misrepresent’ YBS Lending »
The Farm Credit Administration’s reporting of young, beginning and small farmer data once again painted an inaccurate pict...
Wednesday, July 5, 2017   (0 Comments - view/add)
ABA Calls for Streamlining of SEC Statistical Disclosure Requirements »
In a comment letter to the Securities and Exchange Commission yesterday, ABA recommended broad streamlining of the Industr...
Wednesday, July 5, 2017   (0 Comments - view/add)
Trades Call for Increased Funding for NIST »
ABA joined with trade groups representing several industries in a letter to lawmakers yesterday urging them to increase fu...
Wednesday, July 5, 2017   (0 Comments - view/add)
Gallup Poll: Americans’ Confidence in Banks on the Rise »
American confidence in banks increased in 2017, according to Gallup’s annual “Confidence in Institutions” survey. Thirty-t...
Wednesday, July 5, 2017   (0 Comments - view/add)
Florida Banker: BSA/AML Rules Must Change with the Times »
The regulatory framework put in place to prevent money laundering and stop the financing of terrorist activity should be u...
Wednesday, June 28, 2017   (0 Comments - view/add)
J.P. Morgan Finds the Newest Banking Fad: Dark Corners »
JPMorgan Chase says it will save millions of dollars during the next decade by installing technology such as automated lig...
Wednesday, June 28, 2017   (0 Comments - view/add)
CFPB Issues Policy Guidance on Compliance Dates for Servicing Rule Amendments »
The Consumer Financial Protection Bureau today issued policy guidance stating that it does not intend to take supervis...
Wednesday, June 28, 2017   (0 Comments - view/add)
The downside of scaling back the CFPB complaint database »
Financial firms say the database is unreliable and would like to see it removed from public view. But the industry would a...
Wednesday, June 28, 2017   (0 Comments - view/add)
Dangerous Android malware can steal login data from 40 retail, banking, social media apps »
TD Bank, JPMorgan Chase, Citigroup and other companies are targets of a variant of the Marcher Android malware, which stea...
Friday, June 23, 2017   (0 Comments - view/add)
Regulator wants small banks exempt from Volcker rule »
Officials from the Federal Reserve and the Federal Deposit Insurance Corp. have asked Congress to ease the regulatory burd...
Friday, June 23, 2017   (0 Comments - view/add)
Coalition recommends changing single-director CFPB »
22 organizations are recommending replacing the single director of the Consumer Financial Protection Bureau with a five-pe...

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