Politics Archive

On Thursday, the Federal Reserve, the FDIC, and the OCC issued a much-anticipated joint notice of proposed rulemaking to modernize regulations implementing the Community Reinvestment Act. The agencies proposed changes to how CRA activities qualify for consideration, where activities are considered and how they ...Read More

Ahead of the hearing in the Senate Judiciary Committee on credit and debit card interchange fees, the American Bankers Association joined a broad coalition of national industry groups to communicate to lawmakers the serious flaws of interchange regulations and push back against efforts to ...Read More

MONTGOMERY, ALA., April 11, 2022 — The Alabama Legislature adjourned sine die last Thursday just before midnight. The last week of the session was eventful and at times dramatic. Legislative leadership expects Gov. Kay Ivey to call them back with a special session to ...Read More

The Legislature met for two days last week, breaking a consistent pattern of three-day weeks during this Regular Session. Despite the “break” on Wednesday, both legislative bodies put in significant hours last week due to serious debate on a number of substantive and controversial ...Read More

The Legislature passed the halfway point of the 2022 Regular Session last week, finishing days 16,17, and 18 of the 30-day session. Lawmakers are expected to continue meeting three days per week for the foreseeable future, which could potentially lead to an early sine ...Read More

Broadband Expansion The Alabama Senate on Thursday passed legislation sponsored by Senate Majority Leader Clay Scofield aimed at expanding broadband access across the state. Senate Bill 124 would modify the Alabama Department of Economic and Community Affairs (ADECA) Broadband Accessibility Grant program and its ...Read More

Gov. Kay Ivey put the 2022 Regular Legislative Session on hold last week by calling a special session to prioritize the allocation of federal COVID relief funds received from the American Rescue Plan Act (“ARPA”). Legislators are working to determine how best to invest ...Read More