In the News

• Consumer, Banking Groups Applaud Bill to Exempt Economic Impact Payments From Garnishment

  May 26, 2020

  Consumer groups and banking industry organizations joined together today to support bipartisan legislation that would prevent Economic Impact Payments from being subject to garnishment.

• Op-ed: APIs are the Way Forward for Better Data Security

  July 19, 2018

  Capital One’s decision to share customer data with third-party services through application programming interfaces (APIs) deserves applause. The data-sharing model allows banks to protect their customers, while giving customers better control over their personal financial information. 

   

• TCH Praises Step Forward and Offers Recommendations for Further Improving Bank Capital Proposals

  June 26, 2018

  Late yesterday, The Clearing House filed two comment letters with the Federal banking agencies responding to meaningful capital proposals that have the potential to significantly impact banks’ ability to serve their customers and promote economic growth.

• CDD is Another Example of the Need for AML Reform

  April 27, 2018

  Greg Baer, President of The Clearing House Association (TCH), today testified before the House Financial Services Subcommittee on Financial Institutions and Consumer Credit.  The hearing focused on the implementation of FinCEN’s customer due diligence rule.

• CDD is Another Example of the Need for AML Reform

  April 26, 2018

  Greg Baer, President of The Clearing House Association (TCH), today testified before the House Financial Services Subcommittee on Financial Institutions and Consumer Credit.  The hearing focused on the implementation of FinCEN’s customer due diligence rule.

• The Clearing House Association and Financial Services Roundtable to Combine Forces

  March 12, 2018

  Washington, DC--The Financial Services Roundtable (FSR) and The Clearing House (TCH) have announced plans to combine the activities of The Clearing House Association (TCH Association), TCH's non-partisan advocacy and research arm, with those of FSR. Upon completion, TCH Association President Greg Baer will become Chief Executive Officer for the new organization.

• Bank Examinations Are Increasingly Focusing on Immaterial Issues Says TCH Association President

  February 28, 2018

  Today, Greg Baer, President of The Clearing House Association, spoke to the Exchequer Club of Washington, D.C. where he discussed the current framework for bank supervision.

• The Clearing House Offers Recommendations to Improve Stress Testing Transparency

  January 22, 2018

  In a comment letter, filed with the Federal Reserve, The Clearing House highlights the need for significantly greater public transparency into key aspects of the Federal Reserve’s stress testing and capital planning framework and offers three recommendations to improve transparency that aim to ensure stress testing continues to serve its prudential purposes but better promotes economic growth, vibrant capital markets, and the global competitiveness of the U.S. banking system.

• The Clearing House Offers Recommendations for Volcker Rule Reform

  September 22, 2017

  In a comment letter filed on September 21 with the Office of the Comptroller of the Currency, The Clearing House (TCH) made recommendations regarding how to more effectively implement the Volcker Rule to better promote lending, banking services, and vibrant capital markets while still ensuring it meets its objective of reducing risk and enhancing bank safety and soundness by restricting excessive risk-taking activities by banks and their affiliates.

• U.S. AML/CFT System is Broken Says TCH Association President Greg Baer

  June 28, 2017

  In his testimony before the House Financial Services Subcommittee Greg Baer, President of The Clearing House Association (TCH), detailed recommendations The Clearing House recently proposed in a report entitled A New Paradigm: Redesigning the U.S. AML/CFT Framework to Protect National Security and Aid Law Enforcement.