OBA Update

July 2017

• July 31, 2017

  Week of July 31
• July 24, 2017

  Week of July 24

  Greetings from Guy By Guy Sims OBA Chairman I spent last week attending the ABA’s Summer Leadership Meeting in Boston. The meeting provided a great opportunity to network with other bankers from across the country as well as gain additional insight into what is going on in Washington, D.C.  On the regulatory reform front, it appears work is going on …
• July 17, 2017

  Week of July 17

  Congressional GOP: pursuing vote to overturn arbitration rule Last week, the Consumer Financial Protection Bureau issued its Final Rule that, in essence, prohibits banks and other lenders from using mandatory arbitration clauses in their lending and other documents.   “That’s the bad news,” OBA President and CEO Roger Beverage said.  “The good news is that congressional Republicans are poised to use …
• July 10, 2017

  Week of July 10

  Greetings from Guy By Guy Sims OBA Chairman Developing the next generation of bankers is one of the biggest challenges many of us face in our banks. Technical training, practical experience and a broad view of the banking landscape is important in developing quality bankers that will lead our banks in the future.  Our board, both at my bank and …
• July 5, 2017

  Week of July 3

  Greetings from Guy By Guy Sims OBA Chairman While the health care debate is taking up all of the oxygen in Washington, the next item on the agenda for the Republican congress is tax reform.  The plan is to have the framework hammered out by September and have a bill passed and signed by year-end. The house has been working …

June 2017

• June 19, 2017

  Week of June 19

  Greetings from Guy By Guy Sims OBA Chairman Washington provided plenty of drama last week both political and personal. I would like to spend a few minutes discussing the horrific shooting at the congressional baseball game practice.  While the political rhetoric has been red hot for an extended period, it took this terrible event to produce some civility among our …
• June 12, 2017

  Week of June 12

  Financial CHOICE Act clears House of Representatives Thursday, the U.S. House of Representatives passed H.R. 10, the Financial CHOICE Act, on a party-line vote in which only one Republican voted with the Democrats to oppose the bill. No Democrats voted to approve the bill. The actual vote was 233-186, and all five Oklahoma Representatives voted in favor of the bill. As …

May 2017

• May 30, 2017

  Week of May 30

  Greetings from Guy By Guy Sims OBA Chairman I hope everyone enjoyed the convention. It was great to see so many bankers from across the state. I want to thank the OBA staff for all the work it puts into making our convention successful.   I also would like thank Curtis Davidson for his leadership over the past year. Curtis …
• May 8, 2017

  Week of May 8

  CHOICE Act marked up, advanced to full House H.R. 10 – the Financial CHOICE Act, was recently introduced by Rep. Jeb Hensarling (R-Texas) on April 26, 2017. Hensarling currently serves as chairman of the House Financial Services Committee. The Committee conducted a three-day mark-up that concluded last Thursday, and an amended version was reported to the full House on strictly party-line …
• May 1, 2017

  Week of May 1

  From the chairman By Curtis Davidson OBA Chairman Chambers of Commence are one of our strongest allies. Be it local or national, chambers and banks have the same goal: to support economic growth, job creation and entrepreneurship. Last week, I watched a webcast from the U.S. Chamber of Commerce Capital Markets Summit titled “Kickstarting Growth: The Small Business Story.” I …