Links in “Proposals, Requests, & Comments”

The Department of Treasury has published opening remarks offered by Secretary Lew at the 2015 Financial Inclusion Forum. Naturally, his comments focused on the importance of broadening access to financial services. However, they also touched upon the importance of regulation and supervision. [12/1/15]

The public comment period regarding information collection, which expired on September 28, 2015, did not receive any comments addressing the proposed changes to the Foreign Branch Report of Condition. As such, agencies are now requesting approval for an extended comment window. [11/18/15]

HMDA requires collection and reporting of information about mortgage loan originations and purchases.  Information collection helps CFPB determine whether institutions are complying with HMDA's various provisions. CFPB has invited comments regarding the utility and burden of information collection. [11/10/15]

A new House bill would take the NCUA to task on its proposed RBC2 rule by requiring a public study on the appropriate capital requirements for federal and state chartered credit unions. The bill, which would delay the finalization of NCUA’s proposed rule, would also require the agency to explain its rationale for the risk weights assigned to specific assets and why credit unions should have similar or different capital requirements from other financial institutions. [6/16/15]

The House has a large number of measures that would benefit community banks. Here's a rundown of some key ones. [6/12/15]

Here's a summary of key points Sen. Shelby (R-AL) included in the "Financial Regulatory Improvement Act of 2015." [5/18/15]

A letter asking for bipartisan agreement and congressional action for regulatory relief was sent by credit unions and bankers alike to the U.S. Senate Banking Committee. CUNA, ABA, and the Independent Community Bankers of America highlighted the high amount of financial institutions struggling with growing regulatory burden, and other issues. [5/18/15]

Four trade associations from the banking and credit union industries unite in this letter to lend their support of the regulatory relief measure before the Senate. [5/18/15]

The CFPB launched a new public inquiry on the experiences of people in getting student loans and paying them back. What about student loans stresses you out? [5/14/15]

A bipartisan bill would shield lenders from regulatory enforcement and private lawsuits through year end if they make a good faith effort to comply with the new disclosure rules. [5/5/15]