Your Advocate

John Heasley

John Heasley
TBA General Counsel

Celeste Embrey

Celeste Embrey
SVP of Government Relations and Deputy General Counsel

When a blue wave hits a red wall

12/1/2020
From the perspective of community bankers, gridlock is a good thing. The unknown is how far left the federal banking agencies will go but I anticipate that many actions will be challenged in the courts.

Community banking through the COVID crisis

11/1/2020
Will Congress do anything to help small businesses? There is currently a standoff on another round of COVID spending. Most likely, it will depend on which party wins the presidency and which party controls the Senate.

Are you ready for fair lending reporting for small business loans?

10/1/2020
Part of the mandate given to the CFPB was Section 1071, which amended the Equal Credit Opportunity Act to require financial institutions to compile, maintain and submit to the bureau certain data on applications for credit for women-owned, minor-

What a Biden victory may mean for community banks

9/1/2020
While most attention is being paid to potential changes in environmental policies, corporate taxation and immigration law, it is worth considering what may happen on banking issues in the regulatory agencies and on the legislative front.

SCOTUS rules against CFPB’s leadership structure

8/1/2020
On June 29, the Supreme Court ruled in the Seila Law decision that the structure of the Consumer Financial Protection Bureau violated the separation of powers doctrine.

All big businesses are now too big to fail

7/1/2020
For the first time, the Fed was directed to get into the lending business due to the CARES Act mandate and over $450 billion in appropriations to cover any loan losses.

Will community banks need more help from Washington?

6/1/2020
The effect of nonperforming and underperforming loans in community bank portfolios continues to be a concern.

How long can the borrowing go on? We are already $trillions in debt

5/1/2020
The latest Congressional response to the COVID-19 pandemic is a massive $2.2 trillion appropriation to try to create a backstop for the economy.

Credit unions get aggressive in push for sub debt

3/1/2020
In late January, the NCUA issued a proposed rule to allow credit unions with more than $500 million in assets to issue subordinated debt.

Elections have consequences

2/1/2020
“Elections have consequences. I won,” President Obama told congressional Republicans shortly after his inauguration in 2009.

State legislative and regulatory update

1/1/2020
In a state with an estimated population of more than 28 million, it’s amazing what the Texas Legislature accomplishes in 140 days every other year.

Supreme Court to take up CFPB constitutional case

12/1/2019
In October, the Supreme Court agreed to consider a constitutional challenge to the Consumer Financial Protection Bureau.

Texas takes big steps to address card skimming

11/1/2019
Unfortunately, because Texas is so economically prosperous, we???re a ripe target for thieves perpetrating card skimming crimes. Thankfully, steps are being taken to address card skimming, at least at Texas??? gas pumps.

Federal laws are needed for privacy and cybersecurity

10/1/2019
Despite the negligence of a few financial services providers, the banking industry is the gold standard when it comes to customer privacy and data protection.

The politics of CECL implementation

9/1/2019
Bankers across Texas have told us how troublesome and expensive the credit losses (CECL) accounting standard will be. The FASB chairman says he believes that the benefits justify the costs, yet FASB failed to do a cost benefit analysis.

The Democratic candidates and their views on banking

8/1/2019
The Democratic primaries in 2016 did not involve a lot of discussion about banking issues. Times have changed.