Tagged: Consumer Bankers Association

Bank Groups Including American Bankers Association Say the CLARITY Act Compromise on Stablecoin Yield Falls Short, Look to Change Language

The American Bankers Association, Bank Policy Institute, Consumer Bankers Association, Financial Services Forum, and Independent Community Bankers of America issued a shared comment on the language regarding the compromise on stablecoin yield. This is the single biggest hurdle for the passage of the CLARITY Act, crypto… Read More

American Bankers Association, Consumer Bankers Association Sue CFPB for New Overdraft Rules

The Consumer Bankers Association (CBA), American Bankers Association (ABA), America’s Credit Unions, Mississippi Bankers Association, and other individual banks have joined in a lawsuit challenging the final rules issued by the Consumer Financial Protection Bureau impacting overdraft regulations. Yesterday, the CFPB issued rules that manage… Read More

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