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House panel to consider draft bills on agency transparency following bank failures
The House Financial Services Committee today will hold a hearing on several draft bills to increase transparency at federal banking regulators following the recent failures of several large banks.
ICBA Supports Bipartisan Bill to Establish Cannabis Banking Safe Harbor
ICBA today is reiterating its strong support for bipartisan, bicameral legislation that would establish a safe harbor from federal sanctions for financial institutions that serve cannabis-related...
Gruenberg: Efforts to expand banking access making an impact
FDIC research suggests that efforts to connect unbanked consumers to the banking system are having an effect, FDIC Chairman Martin Gruenberg said.
Bowman: Policy response to bank failures shouldn’t undermine tiered regulation
Policymakers should ensure the response to recent bank failures does not undermine regulatory tailoring and risk-based supervision, Federal Reserve Governor Michelle Bowman said.