Election 2024
The Federal Reserve chair said there is a consensus within the central bank's board of governors for reproposing its capital rules, but notes that other agencies have not yet signed off on this approach.
Multimedia
![](https://arizent.brightspotcdn.com/dims4/default/15fcc1a/2147483647/strip/true/crop/619x346+0+0/resize/740x414!/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2F44%2Fe9%2Ffdfdcf084530893c603d7acae085%2Fscreenshot-2024-04-10-at-10-36-23-am.png)
The failures of Silicon Valley Bank, Signature Bank and First Republic shook the banking system and sparked renewed debate among regulators and lawmakers about deposit insurance, bank capital and liquidity rules and resolvability. One year later, some of those policy debates have fallen by the wayside while others have been amplified.
![](https://arizent.brightspotcdn.com/dims4/default/95ae121/2147483647/strip/true/crop/397x222+0+0/resize/740x414!/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2F50%2F80%2F63e12cdd46c0b558106da66901c2%2Fscreenshot-2024-04-10-at-10-22-52-am.png)
Senate Banking Committee Chairman Sherrod Brown faces a tough 2024 campaign to recapture his Ohio senate seat in a state that's increasingly Red. Can the same state that elected conservative populist firebrand J.D. Vance also re-elect Sherrod Brown? And what do the political undercurrents apparent in Ohio mean for banks?
-
The Council of Federal Home Loan Banks executive shares his thoughts on a particularly active period for advances, and system reviews with a lot riding on them.
July 2 -
A pair of rulings upended the deference afforded to agency interpretations of the law and extended the statute of limitations to bring regulatory challenges. But experts say the impact on banking regulation will likely be limited.
July 2 -
Federal Reserve Chair Jerome Powell brushed away concerns that a second Trump presidency could imperil the central bank's independence.
July 2 -
Old Glory Bank, which has ties to conservative political figures and touts itself as "pro-America," needs to raise more capital to meet its regulator's requirements. "Failure is not an option. We're going to figure this out," the bank's president and CEO said.
July 2 -
Sen. Sherrod Brown, D-Ohio, chairman of the Senate Banking Committee, told Synapse's partner banks, fintech companies and investors to pool together resources to immediately restore customer's access to deposits frozen in lengthy bankruptcy proceedings.
July 1
As the 2024 election approaches, the banking sector is paying close attention to who controls the White House, both houses of Congress, and important state offices. American Banker's exclusive research and articles explain what's at stake in this election for banks and the financial services industry.
What bankers think about the election
American Banker conducted a survey of industry professionals about their attitudes toward the election.