BPI urged the OCC in a comment letter to withdraw the unworkable proposal, which would create a unique precedent in telling national banks what services they should offer to which customers, under threat of enforcement action. BPI had on Nov. 25 requested an extension of the unusually short comment period for the proposal. A reversal of banking system norms deserves full public transparency, as expected in a fair, balanced rulemaking process. BPI also made a FOIA request on Dec. 1 from the OCC seeking the data underpinning the policy. The OCC denied the extension request and has not provided the information sought in the FOIA request.
Bank Activities and Structure
Financial Services Industry United in Opposition to Marshall-Durbin Credit Routing Legislation
Financial Services Industry United in Opposition to Marshall-Durbin Credit Routing Legislation
Bank Activities and Structure
The FDIC’s Proposed Increase in Deposit Insurance Assessments May Be Based On Incorrect Projections
The FDIC’s Proposed Increase in Deposit Insurance Assessments May Be Based On Incorrect Projections
Bank Activities and Structure
Quality Patents Coalition Express Key Priorities for Patent Reform Legislation in Letter to Congress
Quality Patents Coalition Express Key Priorities for Patent Reform Legislation in Letter to Congress
Digital Assets
BPI Comments on Treasury Department Review of Digital Assets in Response to Executive Order
BPI Comments on Treasury Department Review of Digital Assets in Response to Executive Order
Community Reinvestment Act
BPI Comments on Federal Banking Agencies’ Community Reinvestment Act Proposal
BPI Comments on Federal Banking Agencies’ Community Reinvestment Act Proposal
