STATE GOVERNMENT RELATIONS
Session nears final stretch as committee deadlines pass
Committees convened for the final time this week for the 2026 legislative session. Any bill that did not advance out of its assigned committee is now considered dead for the session. The second reading and third reading deadlines are scheduled for Monday and Tuesday of next week, respectively. Bills that fail to pass second reading or third reading will likewise no longer be eligible for further consideration.
As we move into next week, attention will shift to conference committees — often referred to as the “wild west” of the Indiana Statehouse. During this phase, bill language can be amended, combined or even revived. Activity tends to accelerate significantly, negotiations frequently occur behind closed doors and legislative schedules tighten considerably as members focus on finalizing priority legislation before adjournment.
FEDERAL GOVERNMENT RELATIONS
Bowman: Fed to propose capital changes aimed at reviving banks’ mortgage role
The Federal Reserve will soon issue proposals to change the regulatory capital framework in ways that incentivize banks to originate and service mortgages, Vice Chair for Supervision Michelle Bowman said at ABA's Conference for Community Bankers in Orlando.
Nebraska lawmakers consider bills to require social media, telecoms to mitigate fraud
Banks have long been on the front lines of protecting customers from fraud, but they can’t do it alone, and social media companies and telecommunications providers must do more on their end, ABA’s Paul Benda told Nebraska lawmakers.
Bill would prevent states from imposing lending rate caps on out-of-state banks
Two lawmakers have introduced legislation to prevent states from imposing interest rate caps on loans from out-of-state chartered banks and credit unions.
Treasury to release financial sector AI resources
The Treasury Department announced it will soon release six resources to enable “secure and resilient” artificial intelligence across the U.S. financial system.
Fed to hold public hearing on reducing regulatory burden
The Federal Reserve will hold a hybrid public hearing in March as part of a congressionally mandated review to identify outdated and burdensome regulations.
Report: Democrats demand Fed release info on bank supervision changes
Sen. Elizabeth Warren, D-Mass., and other Democrats are demanding that the Federal Reserve turn over information on recent changes to its bank supervision division following a media report that Fed staff are unhappy with those changes, the Wall Street Journal reported.
White House: CFPB has cost consumers billions of dollars
Since 2011, the Consumer Financial Protection Bureau has cost consumers between $237-$369 billion as financial institutions were forced to pass on their increased compliance and liability expenses to customers, the White House Council of Economic Advisers said in a new report.