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ABA President Rob Nichols outlines upcoming change for compliance regulation

CEO of the American Banker Association, Rob Nichols.
Photo: Kayla Bartkowski/Getty Images

Significant actions to rein in US banking regulation are underway, driven by the Trump administration with aims to spur lending and economic growth.

Bankers from across the nation gathered at the American Bankers Association (ABA) Financial Crimes Enforcement Conference in Arlington, Virginia, for sessions on key compliance topics, ranging from anti-money-laundering (AML) enforcement reform to the new US law on stablecoins.

ABA President and CEO Rob Nichols Nichols kicked off the event with