American Banker

APRIL 23, 2024

In a letter to Treasury Secretary Janet Yellen last week, the Massachusetts senator highlighted the growing use of cryptocurrencies by malicious organizations abroad and underscored the need for anti-money-laundering and counterterrorism provisions in future proposals.

Massachusetts 81

Massachusetts cryptocurrency Policies Compliance 81

American Banker

APRIL 23, 2024

Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.

Policies 74

Policies Compliance Regulation 74

American Banker

APRIL 23, 2024

Congress passes laws all the time requiring agencies to issue rules on tough problems. But in many cases — and for many reasons — agencies sometimes just don't do it. Taking those responsibilities away and giving them to another agency might keep agencies on track.

Policies 35

Policies Compliance Regulation 35

American Banker

APRIL 23, 2024

I would love to have a more productive relationship with regulators, but I think it takes conversation," Dimon said. The JPMorgan Chase CEO took aim Tuesday at the proposed Basel III endgame rules, hindrances to mergers and bureaucratic burdens. "I

Regulation 28

Regulation Industry Compliance 28

American Banker

APRIL 23, 2024

The Biden administration's proposal to waive title insurance requirements for mortgage lenders would undercut an efficient system that offers homebuyers important protections.

System 64

System Compliance Regulation 64