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Regulators Planning Crypto Guidance for Banks (11/24/2021) 
Banks can expect additional guidance from regulators over the next year clarifying the types of crypto-related activities they may be permitted to engage in.
 
OCC Interpretive Letter Addresses Crypto Activities, Chartering of Trust Banks (11/24/2021) 
The OCC confirmed that national banks and federal savings associations may engage in certain cryptocurrency activities but added a note of caution.
 
House Clears Spending Bill (11/22/2021) 
By a vote of 220 to 213, the House passed President Biden’s $1.7 trillion spending bill.
 
Federal Court Issues Nationwide Stay of Vaccine Mandate (11/15/2021) 
A federal appellate court issued a nationwide stay of enforcement of the emergency temporary standard that will require all employers with 100 or more employees to be fully vaccinated or test weekly for COVID-19.
 
ABA: Action Needed to Ensure NCUA Oversight (11/15/2021) 
AmBA is calling on bankers to urge members of Congress to hold an oversight hearing for the NCUA.
 
Senators Question Yellen Over Tax Reporting Proposal (11/10/2021) 
Treasury Secretary Janet Yellen faced tough questions from members of the Senate Banking Committee on the Biden administration’s controversial proposal.
 
Vote 2020 Site Offers Important Information for Voters (11/10/2021) 
With election day just days away, the Vote 2020 site offers important information for voters.
 
IRS Extends Contribution Due Dates for IRAs and HSAs to May 17 (11/10/2021) 
The IRS extended due dates for contributions to individual retirement arrangements, health savings accounts and other similar savings accounts to May 17.
 
Federal Court Issues Administrative Stay of Vaccine Mandate (11/8/2021) 
A federal appellate court issued an administrative stay of enforcement of the emergency temporary standard that will require all employers with 100 or more employees to be fully vaccinated or test weekly for COVID-19.
 
Federal Court Issues Administrative Stay of Vaccine Mandate (11/8/2021) 
A federal appellate court issued an administrative stay of enforcement of the emergency temporary standard that will require all employers with 100 or more employees to be fully vaccinated or test weekly for COVID-19.
 
Hsu: ‘Synthetic Banking Providers’ Should Adhere to Bank Regulations (11/4/2021) 
Acting Comptroller of the Currency Michael Hsu warned that the “rebundling of banking services by fintechs and the fragmented supervision of universal crypto firms pose significant medium- to long-term risks to consumers."
 
Survey: Banks Continue to Offer More Products Favorable for Older Customers (11/4/2021) 
As older Americans—those born before 1965—hold 65% of deposit balances in the U.S., banks have continued to offer more products with terms that are favorable to them.
 
Survey: Banks Continue to Offer More Products Favorable for Older Customers (11/4/2021) 
As older Americans—those born before 1965—hold 65% of deposit balances in the U.S., banks have continued to offer more products with terms that are favorable to them.
 
Hsu: ‘Synthetic Banking Providers’ Should Adhere to Bank Regulations (11/4/2021) 
Acting Comptroller of the Currency Michael Hsu warned that the “rebundling of banking services by fintechs and the fragmented supervision of universal crypto firms pose significant medium- to long-term risks to consumers."
 
AmBA Asks OCC to Minimize Burden on Banks During CRA Regulatory Transition (11/1/2021) 
AmBA urged the OCC to minimize the burden and confusion for banks that would result if the agency were to rescind its 2020 CRA rule.