banking regulation
Tag: banking regulation
OCC Debanking Report Recognizes Impact of Texas Law
The Office of the Comptroller of the Currency’s (OCC) “Guaranteeing Fair Banking for All Americans” final debanking report targets the nation’s nine largest national banks, but its findings carry...
Attorney General Revisits SB 17 Rules
The Texas Office of the Attorney General (OAG) has proposed new rules to implement and enforce Senate Bill 17 (SB 17), which restricts certain individuals and entities connected to...
ICBA Challenges OCC Trust Charter Approvals
On Friday, the Independent Community Bankers of America (ICBA) filed a lawsuit against the Office of the Comptroller of the Currency (OCC) over its approval of national trust charters...
FDIC Speeds Up Deposit Insurance Applications
Last week, the Federal Deposit Insurance Corporation (FDIC) announced a new two-phase process for reviewing deposit insurance applications, intended to encourage new bank formation and speed up the review. Under the...
A Big Week in the Interchange Fight
Last week brought a notable defeat for the swipe fee fight in the states when Colorado Gov. Jared Polis vetoed Senate Bill 26-134, a measure that would have barred payment card...
Senate Bill Aims to Close Industrial Loan Company Loophole
Following last week’s announcement that the Federal Deposit Insurance Corporation (FDIC) approved Ford Motor Company and General Motors Company to establish industrial loan companies, a bipartisan bill was introduced in the U.S. Senate...
FDIC Approves Carmakers’ Bids to Establish Banks
Last week, the Federal Deposit Insurance Corporation (FDIC) approved deposit insurance applications from Ford Motor Company and General Motors Company, paving the way for the automakers to establish their own industrial...