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...
Newsbytes
ABA endorses bill to crack down on social media scams
Proposed legislation would provide “a strong framework” to improve social media companies’ urgency in removing fraudulent advertising, “stopping countless scams...
Congress reauthorizes private-public cybersecurity framework
Lawmakers reauthorized a voluntary framework for the private sector and government agencies to share information about cyberthreats as part of...
Fed: Consumer credit increased 2.4% in 2025
Consumer credit increased 2.4% in 2025, with revolving and nonrevolving credit increasing 3.4% and 2%, respectively.
ABA DataBank: Large firms lead employment growth
Since early 2024, cumulative employment growth has favored large firms, with companies employing 500 or more workers adding jobs at...
Treasury seeks comment on changes to foreign investor review process
The Treasury Department is seeking public input on the Known Investor Program and ways to potentially streamline aspects of its...
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”...
Survey: Most Americans report stress over finances
Nearly nine in 10 U.S. adults reported feeling some kind of financial stress at the start of 2026, with more...
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...
Bankers share ideas for strengthening communities in new report
The ABA Foundation unveiled a first-of-its-kind report capturing forward-looking ideas from bankers, community leaders and nonprofit partners on how financial...
