FDIC extends comment period for Genius Act implementation
The FDIC announced that it will push back to May the deadline for comment on its proposal to create a...
Payments
ABA offers recommendations for mitigating risk in proposed ‘skinny’ accounts
A proposal to create “payment accounts” to provide basic Federal Reserve payment services requires “careful design and robust risk mitigants”...
Bessent fields lawmaker questions on crypto and deposits, CDFI Fund
In his second day of congressional testimony, Treasury Secretary Scott Bessent said he will work to ensure there is “no...
ABA participates in White House meeting on crypto regulation
ABA participated in a meeting at the White House with other banking representatives and cryptocurrency leaders to discuss proposed crypto...
Fed survey: Lending standards tightened for commercial loans in Q4
Banks expect lending standards generally to remain unchanged and demand to strengthen across all loan categories in 2026. Banks also...
Senate Ag Committee advances digital commodity bill
The Senate Agriculture Committee advanced legislation to give the Commodity Futures Trading Commission the authority to regulate a broad range...
Zelle releases 2025 growth numbers
A total of 337 financial institutions went live or signed up with Zelle in 2025, the payments network announced. Ninety-seven...
Reports: Sen. Marshall to drop credit card routing mandate amendment to crypto bill
Sen. Roger Marshall (R-Kan.) no longer plans to offer an amendment to add credit card routing mandates to an unrelated...
ABA urges Congress to reject CCCA
According to ABA, the Credit Card Competition Act would reduce card choice, increase fraud risks, reduce rewards, increase the cost...
Sen. Marshall proposes to add Credit Card Competition Act to crypto bill
Sen. Roger Marshall (R-Kan.) has proposed an amendment to add credit card routing mandates to an unrelated bill on cryptocurrency...
