Saturday, July 27, 2024

Jeremy Cowen

Week of Sept. 11

In This Issue… From Adrian’s desk … Legislative Office of Fiscal Transparency meeting set for Sept. 20 Bank Performance Report now available through OBA Applications still being taken for OBA Emerging Leaders Academy — deadline Friday! OBA schedules Oktoberfest Golf Tournament OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits …

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Judge rules against CFPB in UDAAP exam manual lawsuit

A U.S. district judge ruled today the Consumer Financial Protection Bureau’s update to its Supervision and Examination Manual is unlawful. Judge J. Campbell Barker, of the Eastern District of Texas, agreed with plaintiffs and issued a summary judgment stating the CFPB’s March 2022 update to the manual exceeds the Bureau’s statutory authority and is based on unconstitutional funding. The lawsuit …

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Week of Sept. 4

In This Issue… From Adrian’s desk … Report: FDIC needs to improve threat information sharing with banks Agencies propose guidance to enhance resolution planning at large banks, invites comments OBA Washington Visit ready for you to register – deadline Monday! 2024 Oklahoma Views & Vistas Calendar order deadline approaching OBA education corner … From Adrian’s desk … By Adrian Beverage …

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Week of Aug. 28

In This Issue… From Adrian’s desk … Fraud information … odds and ends Treasury Department, IRS offer digital asset regulations Oklahoma Bankers Hall of Fame accepting nominations – deadline Thursday! OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to our bankers this week! • …

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Executive News: August recess leaves time to ponder Hill happenings

We’ve finally reached Aug. 1 and it means two things: The kids are about ready to go back to school and Congress is headed home for the month. We’ve finally reached the August recess; this is when legislators have the opportunity to spend an entire month back in their districts. We’ll be seeing a lot of town halls over the …

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Oklahoma Bankers Hall of Fame accepting nominations for 2023

The Oklahoma Bankers Hall of Fame is now accepting nominations for the upcoming 2023 class; additionally, the process of selecting inductees has been updated. First, for those interested in nominating a banker, here are some downloadable forms on OBA.com – please return all nominations to Adrian Beverage (adrian@oba.com) by Aug. 31. Second, there is a new process for selecting the …

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Federal judge halts Section 1071 implementation

A Texas federal judge issued an order on July 31 for an injunction against the Consumer Financial Protection Bureau’s Section 1071 final rule. The injunction, which came at the request of the American Bankers Association, the Texas Bankers Association and McAllen, Texas-based Rio Bank, is ONLY for member banks of the ABA and/or TBA. Although both trade associations asked for …

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Week of Aug. 21

In This Issue… From Adrian’s desk … FDIC publishes 2023 Risk Review OBA Washington Visit ready for you to register Oklahoma Bankers Hall of Fame accepting nominations – deadline approaching! OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to our bankers this week! • …

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Petroleum Alliance of Oklahoma hosts free program for bankers on navigating emissions reporting issues

The Petroleum Alliance of Oklahoma will host a free program on Wednesday about how bankers can navigate the emissions reporting conversation with their oil and gas customers. The Alliance is currently working on two fronts on ESG requirements: 1) Make sure new and proposed emissions regulations are workable and practicable, instead of unworkable and punitive … or potentially fatal to …

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OBA, other state bankers associations urge delay of Section 1071 implementation

The Consumer Financial Protection Bureau should extend a court-ordered stay of its Section 1071 final rule to cover all FDIC-insured banks while the U.S. Supreme Court considers a separate legal challenge concerning the bureau, the OBA and 49 other state bankers associations said last week in a letter to CFPB Director Rohit Chopra. A federal judge in Texas last week …

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