ABA: CFPB’s Debt Collection Study Proposal Subverts PRA Process

Roughly half of U.S. adults say money was rarely or never discussed at home while growing up, although younger parents report more willingness to teach their children +financial skills, according to a new survey by U.S. Bank.

Concerns about job security are growing among U.S. consumers who are already stressed about rising prices, which is affecting spending habits, according to a new survey by J.D. Power.

Supported by Fed staff, the task forces “will operate independently, with a mandate to follow the evidence, provide candid feedback, and produce rigorous findings for the Federal Open Market Committee."

Many small businesses are still expanding despite ongoing economic pressures and rising costs, according to a new survey by U.S. Bank.

Total existing home sales remained up 2.8% over the year. The ABA Office of the Chief Economist views continued sluggish home sales as a headwind for overall credit demand.

For the first time since 2023, a majority of consumers believe it is better to buy a home rather than rent or move in with family, according to a recent survey by Bank of America.