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News Archive for Apr 2024



Federal Court Pauses CRA Rule Implementation Following ABA Lawsuit

Posted on: 4/3/2024
Late last week, a federal judge in Texas issued a preliminary injunction against enforcing new rules ...
 

Proposed Rule to Require Reporting of Cyberattacks, Ransomware Payments

Posted on: 4/3/2024
The Cybersecurity and Infrastructure Security Agency, part of the Department of Homeland Security, has ...
 

Associations Urge CFPB to Withdraw Overdraft Proposal

Posted on: 4/3/2024
Warning that “consumers will lose” if the CFPB’s overdraft proposal is finalized, ...
 

Senators Introduce Resolution to Overturn CFPB Credit Card Late Fee Rule

Posted on: 4/10/2024
Senate Banking Committee Ranking Member Tim Scott (R-S.C.) and 12 Republican senators, including North ...
 

Community Bankers Remain Concerned About Economy, Regulation

Posted on: 4/10/2024
Community bankers are showing slightly more confidence in the future economic conditions but still have ...
 

Credit Card Late Fees Lawsuit to Remain in Texas After Legal Wrangling

Posted on: 4/10/2024
A district court erred when it transferred a lawsuit seeking to overturn the CFPB’s rule limiting ...
 

SEC Pauses Enforcement of Climate Disclosure Rule

Posted on: 4/10/2024
The Securities and Exchange Commission has issued a stay on enforcement of its climate disclosure final ...
 

U.S. GAO Unveils Report of Federal Actions Leading Up to Bank Failures of 2023

Posted on: 4/17/2024
The U.S. Government Accountability Office (GAO) has released a report reviewing the roles in which the ...
 

FinCEN Warns of Financial Fraud with Counterfeit Passport Cards

Posted on: 4/17/2024
The Financial Crimes Enforcement Network, in coordination with the U.S. State Department, has issued ...
 

Credit Unions Call—Selectively—for Level Playing Field

Posted on: 4/17/2024
The credit union lobby’s latest rallying cry advocates to “ensure all financial providers ...
 

NDBA Joins in Urging Third-Party Review of Regulatory ‘Tsunami’

Posted on: 4/23/2024
In a joint letter to the leaders of the House Financial Services Committee and Senate Banking Committee, ...
 

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