The Financial Services Forum believes that now is the time for policymakers to review and rebalance regulations to promote efficiency and effectiveness, enhance safety and soundness across the banking industry and promote sustained U.S. economic growth.

Policy Priorities

View All >

Setting Appropriate and Coherent Capital and Liquidity Requirements

We support efforts underway in Congress and at the federal banking agencies to recalibrate the range of capital and liquidity requirements that apply to banks of all sizes, including Forum members, which are the largest and most diversified financial institutions headquartered in the United States.

Promoting an Effective and Efficient Regulatory and Supervisory System

We encourage government agencies to provide greater transparency into supervisory processes and better align U.S. regulatory standards with those agreed to by international regulators.  Striking an appropriate balance by weighing actual costs and benefits of regulation and supervision best promotes a robust financial sector domestically and abroad.

Ensuring Open and Competitive Capital Markets

We support maintaining deep and liquid capital markets in the United States, which foster our sustained economic growth.

Submissions: Letters and Congressional Testimony

View All >

Letter: Joint Trades Request Extension of Comment Period for Notice of Proposed Rulemaking on Fair Access to Financial Services

November 25, 2020

The Forum joined the Bank Policy Institute, American Bankers Association and Consumer Bankers Association in requesting that the Office of the Comptroller of the Currency extend the public commenting period on its Notice of Proposed Rulemaking on Fair Access to Financial Services in light of the rulemaking’s magnitude and potential consequences.

Read the full letter >

Letter: Forum Joins Coalition Calling for Streamlined PPP Forgiveness

November 19, 2020 The Forum joined a coalition representing thousands of businesses, nonprofits and financial institutions of all sizes in calling on Congress to streamline the overly burdensome Paycheck Protection Program forgiveness process.

Read the full letter >

Letter: Joint Trades Oppose Financial Transaction Tax Legislation in New Jersey

October 6, 2020 In a letter to the Chairman of the New Jersey General Assembly, joint trade associations expressed their opposition to proposed legislation S.2902A.4402, which would effectively represent a sales tax on investors and runs counter to many longstanding policies on promoting savings and economic growth.

Read the full letter >

Comment Letter: Forum, ABA Comment on Financial Stability Board's Evaluation of "Too-Big-to-Fail" Reforms

September 30, 2020 The Forum along with the American Bankers Association (ABA) submitted a comment letter to the Financial Stability Board (FSB) in response to a June report evaluating too-big-to-fail, or TBTF, reforms. The associations believe that the FSB’s final report should differentiate between jurisdictions and expressly recognize the significant progress made in the U.S. to address TBTF.

Read the full letter >