Banking Politics & Policy News
American Banker's Politics & Policy coverage delivers news and analysis on how legislative action, federal agency rulemaking, regulatory politics, and public policy debates shape banking strategy, risk, competition, and compliance. Coverage explores congressional priorities, executive branch initiatives, regulatory agency actions, and the political forces that shape and impact the operating environment for financial institutions, payments companies, fintechs and distributed finance companies.
Bank leaders must navigate a dynamic policy environment where congressional action, regulatory priorities, and political forces influence capital standards, supervisory expectations, digital asset frameworks, deposit insurance, consumer rules, and competitive dynamics.
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Democratic presidential nominee Hillary Clinton renewed her pledge Tuesday to cut regulations for community banks and credit unions while also signaling plans to embrace the burgeoning fintech sector.
August 23 -
Roughly 73% of donations from commercial banks' political action committees are going to Republicans in this election cycle, the most tilted toward one party by the banking industry in recent memory. Here's why.
August 15
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In a speech Tuesday, GOP presidential nominee Donald Trump pledged to temporarily suspend all new federal regulations if elected president, but even if he wins the White House, the plan may prove beyond his reach.
August 8 -
The Indiana Senate race could prove to be the most important congressional race for bank policymaking if handshake deals propel former Sen. Evan Bayh to the top of the banking committee. But picking Bayh could start a civil war within the Democratic Party.
August 5 -
It's part of the Democratic platform, but lawmakers at the convention here are skeptical of embracing a plan to restore the Glass-Steagall Act, unsure what it would look like.
July 28 -
The cybersecurity climate is already an all-hands-on-deck situation, so one more threat even one prompted by one of America's loudest voices may not matter.
July 27 -
President Obama called for Fannie Mae and Freddie Mac to be eliminated, but Democratic policymakers attending the convention in Philadelphia appear resigned to the fact that Congress is unable to act on housing finance reform.
July 27
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As governors prepare to designate new "opportunity zones," lenders and investors should take advantage of the chance to target capital to communities where it will both do good and generate strong returns.
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Banks can price in risk and manage their way around both left-wing and right-wing administrations. But the kind of uncertainty that arises from today's brand of politics is impossible to model.
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Efforts by individual states to rewrite existing rules governing interstate bank lending risk throwing the entire system into chaos. Only Congress has the ability to reestablish a workable set of national rules.
