What is banking policy institute?

The Banking Policy Institute (BPI), formerly known as the Clearing House Association, is a trade association that focuses on the advocacy and research of regulatory, legislative, and economic issues affecting the banking industry. Established in the United States in 1853, the BPI represents the largest commercial banks and financial institutions in the country, including Bank of America, J.P. Morgan Chase, and Wells Fargo.

The BPI's mission is to promote a sound and stable financial system in the US, while also ensuring access to financial services for all Americans. To accomplish this goal, the institute conducts research, analysis, and advocacy on a wide range of issues, including monetary policy, banking regulation, cybersecurity, consumer protection, and financial innovation.

The BPI often collaborates with the Federal Reserve, Treasury Department, and other government agencies to develop and implement policies that are beneficial for the banking industry and the broader economy. Additionally, the institute engages with Congress to advance legislative proposals that support its policy objectives.

Overall, the Banking Policy Institute is a leading authority on banking policy and a critical voice in shaping financial regulation in the United States.