• Opportunities in the Congressional Review Act, the ‘other CRA’

  • 2024/12/12
  • 再生時間: 20 分
  • ポッドキャスト

Opportunities in the Congressional Review Act, the ‘other CRA’

  • サマリー

  • The rarely used Congressional Review Act provides an opportunity for Congress and the president to overturn regulatory rulemakings — and the GOP trifecta in 2025 will bring new regulations up for review. On the latest episode of the ABA Banking Journal Podcast — sponsored by TransUnion — ABA experts Kirsten Sutton and Ginny O’Neill break down details about CRA that bankers need to know:

    • Which rulemakings are subject to CRA disapproval resolutions — in financial services, principally Section 1033 and the newly finalized overdraft rule.
    • How the GOP Congress might prioritize regulatory actions for CRA resolutions.
    • The limitations on CRA and why, as Sutton says, “this is not a magic wand situation where Congress can just step in and CRA everything that we have a problem with.”

    This episode is presented by TransUnion.

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あらすじ・解説

The rarely used Congressional Review Act provides an opportunity for Congress and the president to overturn regulatory rulemakings — and the GOP trifecta in 2025 will bring new regulations up for review. On the latest episode of the ABA Banking Journal Podcast — sponsored by TransUnion — ABA experts Kirsten Sutton and Ginny O’Neill break down details about CRA that bankers need to know:

  • Which rulemakings are subject to CRA disapproval resolutions — in financial services, principally Section 1033 and the newly finalized overdraft rule.
  • How the GOP Congress might prioritize regulatory actions for CRA resolutions.
  • The limitations on CRA and why, as Sutton says, “this is not a magic wand situation where Congress can just step in and CRA everything that we have a problem with.”

This episode is presented by TransUnion.

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