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Washington Update

Washington Update

#2024-2, January 12, 2024

MBA Joins Banking Coalition Opposing Durbin-Marshall Credit Card Bill

The Association, ABA and 50 State Bankers Associations Express “Deep Concern” Over Basel III Endgame Capital Regulations

MA Congressman Stephen Lynch (MA-08) to Co-Lead AI Working Group, Congresswoman Ayanna Pressley (MA-07) to Serve on Subcommittee

Federal Reserve, FDIC, OCC Unveil CRA Overview Webinar

FDIC, OCC 2024 Community Reinvestment Act (CRA) Exam Schedules

U.S. Senate Fails to Override Presidential Veto on Resolution to Overturn CFPB’s Section 1071 Rule

U.S. Department of the Treasury Seeks Comment on Financial Inclusion Strategy

#2024-1, January 5, 2024

President Biden Vetoes Resolution to Overturn CFPB’s Section 1071 Rule

MBA, New England State Associations Convey Concerns on Debit Card Interchange Fee Proposal

The Federal Reserve is accepting comments on the proposal until February 12, 2024.

U.S. Department of the Treasury Seeks Comment on Financial Inclusion Strategy

Written comments and information are requested on or before February 20, 2024.

FDIC, OCC 2024 Community Reinvestment Act (CRA) Exam Schedules

#2023-31, December 22, 2023

MBA, New England State Associations Convey Concerns on Debit Card Interchange Fee Proposal

MBA, ABA, State Bankers Associations Urge Transparency for FHLB Reforms

FDIC, OCC Release 2024 Community Reinvestment Act (CRA) Exam Schedules

Massachusetts Bankers Association Joins ABA and State Banking Associations Urging Federal Reserve to Seek Consensus on Rulemaking

FDIC Issues Final Rule to Recover Loss to Deposit Insurance Fund (DIF)

Federal Housing Administration (FHA) Seeks Feedback on 203(k) Rehabilitation Mortgage Insurance Program Changes

Washington Update Notice

#2023-30, December 15, 2023

Massachusetts Bankers Association, Small Business Administration Host 2023 Annual Meeting & Lender Awards

Massachusetts Bankers Association Joins ABA and State Banking Associations Urging Federal Reserve to Seek Consensus on Rulemaking

FDIC Issues Final Rule to Recover Loss to Deposit Insurance Fund (DIF)

Federal Housing Administration (FHA) Seeks Feedback on 203(k) Rehabilitation Mortgage Insurance Program Changes

FDIC, OCC Release 2024 Community Reinvestment Act (CRA) Exam Schedules

Washington Update Notice

#2023-29, December 8, 2023

Massachusetts Bankers Association Joins ABA and State Banking Associations Urging Federal Reserve to Seek Consensus on Rulemaking

United States Congress Overturns CFPB’s Section 1071 Rule, President to Veto

FDIC Issues Final Rule to Recover Loss to Deposit Insurance Fund (DIF)

Federal Housing Administration (FHA) Seeks Feedback on 203(k) Rehabilitation Mortgage Insurance Program Changes

FDIC, OCC Release 2024 Community Reinvestment Act (CRA) Exam Schedules

#2023-28, December 1, 2023

U.S. Treasury Issues Final Rule for Treasury Check Returns, Effective Friday, December 1, 2023

FDIC Issues Final Rule to Recover Loss to Deposit Insurance Fund (DIF)

Federal Housing Administration (FHA) Seeks Feedback on 203(k) Rehabilitation Mortgage Insurance Program Changes

FDIC, OCC Release 2024 Community Reinvestment Act (CRA) Exam Schedules

FHFA Releases FHLBank System at 100: Focusing on the Future Report

Consumer Financial Protection Bureau Unveils CRA State Laws Summary

#2023-27, November 17, 2023

Government Shutdown Averted

Massachusetts Bankers Association, Members Go to Washington, D.C.

Meet & Greet with Congresswoman Katherine Clark (D, MA-5), U.S. House Minority Whip

FHFA Releases FHLBank System at 100: Focusing on the Future Report

Consumer Financial Protection Bureau Unveils CRA State Laws Summary

U.S. Treasury Issues Final Rule for Treasury Check Returns

#2023-26, November 3, 2023

Meet & Greet with Congresswoman Katherine Clark (D, MA-5), U.S. House Minority Whip

Consumer Financial Protection Bureau Unveils CRA State Laws Summary

U.S. Treasury Issues Final Rule for Treasury Check Returns

Community Reinvestment Act Regulations Unveiled 

Federal Reserve Board Advances Debit Card Fee Cap Proposal

Federal Reserve Maintains Current Level Federal Funds Rate 

#2023-25, October 27, 2023

Community Reinvestment Act Regulations Unveiled 

Federal Reserve Board Advances Debit Card Fee Cap Proposal

United States Senate Votes to Overturn CFPB Section 1071 Rule, House Consideration Expected Soon

Consumer Financial Protection Bureau Releases Data Sharing Rule

#2023-24, October 20, 2023

United States Senate Passes Resolution to Overturn CFPB Section 1071 Rule

Julieann Thurlow, President & CEO of Reading Cooperative Bank, Elected Chair of the American Bankers Association

Association Comments on New Federal Push to Ban “Junk Fees”

Consumer Financial Protection Bureau Releases Data Sharing Rule

FDIC Proposes New Guidelines for Board Governance, Risk Management 

#2023-23, October 6, 2023

U.S. Congress Averts Shutdown, Federal Government Funded Through Nov. 17

U.S. House of Representatives Oust Representative Kevin McCarthy (R-CA) as Speaker

FDIC Proposes New Guidelines for Board Governance, Risk Management 

Casey Brouthers, VP and Associate General Counsel for BayCoast Bank Wins 2023 ABA Emerging Leader Award

Federal Court Issues Nationwide Injunction on Consumer Protection Financial Bureau’s (CPFB) Section 1071

Fannie Mae Grants Temporary Relief to Maintain Seller Eligibility Requirements

#2023-22, September 29, 2023

U.S. Senate Banking Committee Advances SAFER Act to U.S. Senate 

MBA, ABA Call on U.S. Congress to Reject Credit Card Competition Act

Federal Court Issues Nationwide Injunction on Consumer Protection Financial Bureau’s (CPFB) Section 1071

Fannie Mae Grants Temporary Relief to Maintain Seller Eligibility Requirements

#2023-21, September 22, 2023

MBA, ABA Call on U.S. Senate to Reject Credit Card Competition Act

Federal Court Issues Nationwide Injunction on Consumer Protection Financial Bureau’s (CPFB) Section 1071

U.S. Senate Introduces New Cannabis Banking Bill: SAFER Act; Committee Vote Set for September 27

Fannie Mae Grants Temporary Relief to Maintain Seller Eligibility Requirements

Federal Housing Finance Agency Seeking Applicants for Affordable Housing Advisory Committee

#2023-20, September 15, 2023

Fannie Mae Grants Temporary Relief to Maintain Seller Eligibility Requirements

Central Banking Digital Currency (CBDC) Bills Heard on U.S. Capitol Hill

U.S. Senate May Advance Cannabis Banking Bill Out of Committee Soon

U.S. Economy: Risk of a Mild Recession Remains

Federal Housing Finance Agency Seeking Applicants for Affordable Housing Advisory Committee

#2023-19, August 25, 2023

American Bankers Association (ABA), Bank Policy Institute (BPI) Caution Against Community Reinvestment Act (CRA) Rule Changes

Update: Washington Update

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