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Bipartisan Scolding of FASB Chief Raises Lender Hopes of Softer CECL

January 17, 2020

American Banker, Jan. 16, 2020–John Reosti (subscription)
The chairman of the Financial Accounting Standards Board received a chilly reception from a key House subcommittee, providing hope that lawmakers will eventually put a controversial accounting standard for loan losses on ice.
https://www.americanbanker.com/news/bipartisan-scolding-of-fasb-chief-raises-lender-hopes-of-softer-cecl?brief=00000158-07c7-d3f4-a9f9-37df9bc10000

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