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American Banking Association

Do More Bank Failures Equal More Bank Regulations?

The recent closures of Silicon Valley Bank and Signature Bank, the second and third largest bank failures in U.S. history, have sparked intense discussions pertaining to banking regulations and resulted in both statements and ongoing investigations by the Biden administration, members of Congress, the Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and U.S. Government Accountability Office (GAO).

Proposal to Change TULA Late Fee Maximum on Credit Cards: Is it Beneficial or Burdensome?

Megan Aldworth Associate Editor Loyola University Chicago School of Law, JD 2023   The Truth in Lending Act (TILA), established 1968, is aimed to protect consumers against unfair credit practices and billing by lenders. Under TILA, lenders must provide consumers (borrowers) with information that allows them to compare loan terms given by various lending institutions. …
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