ABI

Legislative Highlights December 2024

Legislative Highlights 119th Congress to Commence on January 3, 2025 The 119th Congress will commence on Jan. 3 at noon with both the Senate and House of Representatives under control of Republicans following the 2024 election. 1 On Nov. 13, Senate Republicans elected 2

Recapping the 118th Congress

Recapping the 118th Congress When the 118th Congress convened on Jan. 3, 2023, lawmakers were intent on examining the collapse of FTX bankruptcy and the cryptocurrency industry, many COVID-19 stimulus programs had sunset, and the political landscape saw Democrats

Inside ABI November 2024

President’s Column It is amazing how fast this year is flying by! I am well into the second half of my term as ABI President. Not that the Annual Spring Meeting next April is the end; I still have the pleasure of serving as Immediate Past President, then Chairman of the

Legislative Highlights November 2024

Legislative Highlights House Democrats Reintroduce “Student Borrower Bankruptcy Relief Act of 2024” As the Department of Education’s student loan repayment “on ramp” expired on Sept. 30, House Judiciary Committee Ranking Member Jerrold Nadler (D-N.Y.) and Subcommittee

Inside ABI October 2024

President’s Column I am now halfway through my year as ABI President. Members tend to ask me two questions more than any others about this role: (1) How is all the travel going; and (2) is it worth it? The short answers are “great” and “yes,” but allow me to expand. ABI

Legislative Highlights October 2024

Legislative Highlights Federal Reserve Proposes Scaled-Back Bank Capital Requirements Federal Reserve Vice Chair for Supervision Michael Barr on Sept. 10 unveiled changes to a proposed set of U.S. banking regulations that roughly cuts in half the extra capital that the