Politics | Alabama Bank News

ABA Travels to Nation’s Capital for Annual DC Fly In

Breaking, Industry Reports, Politics

Bankers from across Alabama were in Washington, D.C. this week meeting with members of Congress about relevant issues impacting the banking industry. Keeping public officials abreast of legislation’s impact on our customers and institutions, including the importance of their positions on such issues, is ...Read More

Capitol Notes: Budgets Signed into Law

Breaking, Capitol Notes, Politics, Publications

After a long week and late night, the budgets were presented to Gov. Kay Ivey last Friday. While there was some speculation that the governor would use her authority to veto or modify the budgets, Gov. Ivey signed both the General Fund and Education ...Read More

Capitol Notes: 2023 Regular Session Nearing its End

Breaking, Capitol Notes, Industry Reports, Legal, Politics, Publications

Only seven days remain in the 2023 Regular Legislative Session. Lawmakers return on Tuesday and will meet for three legislative days next week. The session must conclude by June 19, but if the current pace continues, lawmakers could adjourn sine die by the first ...Read More

Capitol Notes: School Choice Bills Advance This Week

Breaking, Industry Reports, Legal, Politics, Publications

School Choice Bills A slate of school choice bills began to move through the legislative process this week. First, Rep. Collins’ HB 363, which clarifies the funding structure for conversion charter schools and reforms the Alabama Charter Commission appointment process, passed the House on ...Read More

Capitol Notes: General Fund Budget Passes the House

Breaking, Capitol Notes, Industry Reports, Legal, Politics, Publications

The Alabama Legislature completed its 15th legislative day yesterday, which marks the halfway point of the 2023 Regular Session. Legislative activity is heating up at the Alabama Statehouse as budgets begin to move, and a number of high-profile bills begin to work their way ...Read More

Capitol Notes: Game Plan Crosses the Goal Line; State General Fund on the Move

Breaking, Capitol Notes, Politics

This week, the Alabama Legislature completed days 11-13 of the 30-day Regular Session. The House and Senate are expected to meet for two legislative days next week. Alabama “Game Plan” Crosses the Goal Line All four state economic development incentive bills, dubbed the “Game ...Read More

Capitol Notes: State of the State

Breaking, Capitol Notes, Politics, Publications

The Alabama Legislature gaveled in to begin the first year of its new quadrennium on Tuesday The first day of the session culminated in a joint session where Gov. Kay Ivey presented out her agenda during her State of the State address. Ivey urged ...Read More

Alabama Election Overview

Breaking, Capitol Notes, Politics, Publications

(courtesy of Alabama Daily News) Governor Gov. Kay Ivey turned back eight primary challengers to win the Republican gubernatorial nomination without a runoff Tuesday earning about 55% of the vote. Blanchard, who served as an ambassador under former President Donald Trump, finished second at ...Read More

CRA Overhaul Proposed

Breaking, Industry Reports, Politics, Publications

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

Push to Repeal Durbin

Breaking, Industry Reports, Politics

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

Politics Archive