Agency Acronyms
CFPB – Bureau of Consumer Financial Protection
FRB – Board of Governors of the Federal Reserve System
FDIC – Federal Deposit Insurance Corporation
OCC – Office of the Comptroller of the Currency
FinCEN – Financial Crimes Enforcement Network
NCUA – National Credit Union Administration
FEMA – Federal Emergency Management Agency
Why Comment Letters Matter
Comment letters are an excellent opportunity for the banking industry to inform the federal agencies about the impact of rulemaking, and provide examples. It is crucial that WBA represent the best interests of members at the federal level, whether that means pointing out potentially onerous, unfair, or burdensome rules, suggesting tweaks or improvements, or expressing satisfaction when positive changes are being implemented. The goal is to advocate on behalf of members by conveying information in an impactful, yet concise manner.
Fiscal Year 2024–25 Comment Letters
- FHFA ROI FHLBank Core Mission Activities and Achievement (07.12.24)
- CFPB Request for Information on Mortgage Fees (8.2.24)
- CFPB Interim Final Rule Extending Section 1071 (8.2.24)
- FCC Letters of Credit for Recipients of High-Cost Competitive Bidding Support (8.5.24)
- CFPB Earned Wage Advances (8.30.24)
- FinCEN AML/CFT Update (9.03.24)
- Interagency Regulatory Review under EGRPRA (10.30.24)
- FDIC Unsafe and Unsound Banking Practices: Brokered Deposits Restrictions (11.21.24)
Looking for more? For past comment letters beyond those posted above, please contact WBA Legal at wbalegal@wisbank.com or 608-441-1200.
