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NYBA joined with the ABA and state banking associations across the country on a
letter
to urge federal regulators to consider certain key principles when promulgating rules in the area of
ESG (Economic, Social, and Governance)
. Importantly, the letter states: “Policymakers play an important role in addressing national and global challenges, but banks should not be used as proxies to effectuate…social policy goals.”
At its Board meeting, the FDIC voted to issue a
notice of proposed rulemaking
that would
raise deposit insurance assessment rates
by 2 basis points for all insured depository institutions. NYBA is reviewing this policy development with our national trade group partners and will be joining in the industry’s advocacy efforts.
Government Relations
Hot Topics
Legislative Bill Tracking
Legal & Regulatory
Testimony & Comment Letters
Grassroots Program
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