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News & Headlines

Regulators Clear Living Wills for Regional, Card Banks

The FDIC and Federal Reserve announced they've reviewed resolution plans by 16 regional and credit card banks and that none were found “not credible” or inadequate to facilitate an orderly resolution under the Bankruptcy Code.

Hensarling: Choice Act to ‘Remove Bureaucrats from the Boardroom’

If passed, the Financial Choice Act will serve as a “deregulatory life preserver” for community banking institutions, said the bill’s architect, House Financial Services Committee Chairman Jeb Hensarling (R-Texas).

Hundreds of Bankers to Congress: Repeal Durbin

In a joint letter to House leadership yesterday, ABA, along nearly 850 banks and state associations — including TBA — urged Congress to include a repeal of the Durbin Amendment in financial reform legislation this year.

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