Press Releases

FSR: Banking Business Activities, Not Arbitrary Asset Threshold Should Determine Need for Enhanced Supervision

Regulatory modification would help financial institutions grow the economy and better serve both consumers and businesses Washington, D.C. – The Financial Services Roundtable (FSR) today sent a letter to House Financial Services Chairman Jeb Hensarling (R-TX) and Ranking Member Maxine Waters (D-CA) urging Congress to enact H.R. 6392, the...

FSR Statement on 2016 Election Outcome

Financial Industry Looks Forward to Working with President Trump and New Congress Washington, DC—The Financial Services Roundtable is urging President-elect Donald Trump to act swiftly to enact policies to improve the economy, grow good-paying jobs, encourage innovation, and protect both consumers and taxpayers.  “Our country faces big...

FSR: OCC Innovation Framework Good Step Forward on FinTech

FSR Tech Program and FinTech Ideas Festival Increasing FinTech Collaboration Washington, D.C. – The Financial Services Roundtable (FSR) today welcomed the announcement from the Office of the Comptroller of the Currency (OCC) establishing an innovation office and formal framework for FinTech innovation. “Regulators should encourage FinTech...

HPC Asks CFPB to Provide More Formal Guidance on TRID/Know Before You Owe Rule

Washington, D.C. — The Financial Services Roundtable’s Housing Policy Council (HPC) recommended additional changes to the Consumer Financial Protection Bureau’s (CFPB) “Know Before You Owe TILA-RESPA Integrated Disclosure” rule, particularly the need for more formal guidance on aspects of the rule. While supporting recent changes to the...

HPC Recommends Expanding GSE Credit Risk Transfer Programs

Responds to FHFA Request for Input Washington, D.C. — The Financial Services Roundtable’s Housing Policy Council (HPC) supports the development and expansion of a variety of GSE credit risk transfer transactions, it noted in a comment letter to the Federal Housing Finance Agency’s (FHFA) in a request for comment.  HPC’s letter submitted...