Washington Wire – Feb. 27, 2018

The House is scheduled to vote on H.R. 4296, a bill to place requirements on operational risk capital requirements for banking organizations established by an appropriate Federal banking agency as well as H.R  1865, the Allow States and Victims to Fight Online Sex Trafficking Act of 2017.  On the other side of the Capitol, the Senate plans to consider […]

The House is scheduled to vote on H.R. 4296, a bill to place requirements on operational risk capital requirements for banking organizations established by an appropriate Federal banking agency as well as H.R  1865, the Allow States and Victims to Fight Online Sex Trafficking Act of 2017.  On the other side of the Capitol, the Senate plans to consider several federal court nominations.

In addition, the House may consider H.R. 4296, a bill to place requirements on operational risk capital requirements for banking organizations established by an appropriate Federal banking agency.  This bill specifies that a federal banking agency may not establish an operational-risk capital requirement for banking organizations unless the requirement: (1) is based on, and is appropriately sensitive to, current risks; (2) is determined under a forward-looking assessment of potential losses; and (3) allows certain adjustments.

Also, on the House suspension calendar, is the TRID Improvement Act of 2018.

This week, the Senate plans to consider several federal court nominations. Read the full Washington Wire here.

Written by
admin
View all articles

About Us

The League of Southeastern Credit Unions & Affiliates represents 342 credit unions in Alabama, Florida and Georgia, with a combined total of $118.63 billion in assets and more than 10.1 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

LSCU Mission Statement

To create an environment that enables credit unions to grow and succeed.

LSCU Vision Statement

To be the trusted advocate and preferred source of information for credit unions.

If you need to reach us, e-mail communications@lscu.coop

Social Channels

Follow us on all major social media platforms.