#2023-18, August 12, 2023 Federal Court Injunction on Consumer Protection Financial Bureau’s (CPFB) Section 1071 Democratic Senators Urge Federal Reserve to Review Bank Merger Policy Update: Washington Update
#2023-17, August 4, 2023 Federal Court Injunction on Consumer Protection Financial Bureau’s (CFPB) Section 1071 American Bankers Association Summary of the Staff Analysis on Section 1071 Suit Challenging FDIC NSF Fee Rule Impacting Represented Items Credit Card Competition Act (CCCA) Excluded from Senate Defense Bill Update: Washington Update
#2023-16, July 28, 2023 Call to Action: Members Help Needed to Oppose Credit Card Competition Act (CCCA) Federal Stablecoin Legislation Advances out of House Financial Services Committee House Financial Services Committee Passes Resolution to Overturn Section 1071 Rule The Federal Reserve Increases Interest Rates, Highest in 22 Years
#2023-15, July 21, 2023 MBA, American Bankers Association and other State Banking Associations Oppose Federal Stablecoin Legislation MBA Submits Statement for the Record to U.S. Senate Subcommittee on Economic Policy MBA Opposes Credit Card Competition Act of 2023; No Support from Massachusetts Congressional Delegation
#2023-14, June 30, 2023 Federal Reserve Bank Announces Certified Banks for FedNow Service FDIC Updates Supervisory Guidance on Representment Fees
#2023-13, June 9, 2023 Credit Card Competition Act Reintroduced in Senate CFPB Guidance on Enforcement of Section 1071 Rule
#2023-12, June 2, 2023 House & Senate Approve Debt Ceiling Deal; President Biden Expected to Sign FDIC Releases First Quarterly Banking Profile Following High-Profile Closures MBA, ABA Encourages Members to Participate in CSBS Survey
#2023-11, May 26, 2023 CFPB’s Final Rule on Section 1071 Entangled in Litigation OCC Releases Revised Policy and Procedures Manual on Bank Supervision Political Stalemate on Debt Ceiling Negotiations Persists, MBA and State and National Associations Urge for Deal Without Haste
#2023-10, May 19, 2023 Massachusetts Bankers Attend ICBA Capital Summit MBA Engagement with Regulatory Agencies Continues FOMC Commentary on June Meeting and Economic News
#2023-9, April 28, 2023 GOP-Controlled House of Representatives Passes Symbolic Debt Ceiling Bill MBA Supports Re-Introduction of the SAFE Banking Act FDIC Releases FIL on Overdraft Fees and APSN Transactions Federal Reserve Board Review of Silicon Valley Bank Report Release
#2023-8, April 21, 2023 Sherrod Brown (D – OH) Pens Letter to Federal Housing Finance Agency Federal Deposit Insurance Corporation (FDIC) Board Meeting Highlights
#2023-7, March 31, 2023 CFPB Finalizes Rule to Create New Data Set for Small Business Lending MBA Goes to Washington DC for ABA’s Washington Summit and Capitol Visits MBA Hosts FedNow Workshop with Federal Reserve Bank and Core Providers
#2023-6, March 17, 2023 FedNow to Launch in July, Mass Bankers Hosting Workshop in Late March FDIC Clarifications on Bridge Banks and Contractual Obligations Secretary Yellen Testifies to the Senate Finance Committee Joint Statement by Government Agencies on First Republic Bank
#2023-05, March 3, 2023 Washington Summit and Visits to Capitol Hill, March 20-22 Check Fraud on the Rise Supreme Court Agrees to Hear Case Challenging CFPB Constitutionality Joint Agency Statement on Liquidity Risks Resulting from Crypto-Asset Market Vulnerabilities
#2023-4, February 17, 2023 Fed Governor Michelle Bowman: Fed Not Interested in Dictating Strategy for Banks Member Advocacy on FinCEN Registry Access Proposal and Congressional Outreach Member Advisory: OFCCP Deadline Again Extended to Object to Release of Diversity Data