Federal Government Relations
CBA Federal Government Relations
Welcome to the CBA Federal Government Relations section, where you’ll find the latest information on federal banking legislation. In addition, you can find information about federal legislative alerts. Much of the information on this page is available to members only.
CBA Shares Sen. Coburn Tax Decoder Report with Rep. McClintock
Last week, CBA shared with California Rep. Tom McClintock a recently released report by Sen. Tom Coburn (R- Okla.) that highlights and identifies more than $900 billion in giveaways throughout the Internal Revenue Code. In his Tax Decoder report, Sen.
Change in FHLB Membership Criteria Proposed; Export-Import Bank Charter Extended
The Federal Housing Finance Agency (FHFA) has proposed significant changes to eligibility for membership in the Federal Home Loan Bank (FHLB) system. Under the proposed rule, members would be required to hold 1% of assets in home mortgage loans, and they would also be required to have at least 10% of assets in residential mortgage loans on an ongoing basis, not just upon application for membership.
CBA Signs ABA/State Banking Associations’ Letter to Federal Reserve on Data Security
The CBA joined the ABA and state bankers associations as signatories on a letter to Chairman Janet Yellen and the entire board of governors of the Federal Reserve, opposing the views of Sens. Richard Durbin (D-IL) and Al Franken (D-MN) who recently called for increased scrutiny on payment card issuing banks and networks.