ABA Expresses Support for Amendment Clarifying Postal Banking Not Authorized
The American Bankers Association wrote to Senate Banking Committee Ranking Member Pat Toomey (R-Pa.) today to express support for the...
Newsbytes
FinCEN Flags Russian Attempts to Evade Sanctions
As the U.S. continues its crackdown against Russia over the recent invasion of Ukraine, the Financial Crimes Enforcement Network today...
ABA Opposes Legislative Efforts to Curb Use of Arbitration
In a statement for the record of a Senate Banking Committee hearing today, the American Bankers Association said it will...
Rep. Correa to Emerging Leaders: Build Relationships with Your Lawmakers
In remarks during the American Bankers Association’s Emerging Leaders Forum today, Rep. Lou Correa (D-Calif.) urged attendees to be involved...
The Clearing House: ACH Transaction Volume on EPN Network Outpaces National Level
As bank customers increasingly turn to electronic payments, the Clearing House today announced that transaction volume on EPN, its ACH...
ABA, Trade Groups Call for Withdrawal of Foreign Tax Credit Regulations
The American Bankers Association joined with a broad-based group of trade associations in a letter expressing strong concerns on final...
ABA Welcomes More Than 1,600 to Washington for Summit
The American Bankers Association’s annual Washington Summit and several related programs begin today, with more than 1,600 attendees.
678,000 Jobs Added in February, Unemployment Rate at 3.8%
Total nonfarm payroll employment rose by 678,000 in February, according to the Bureau of Labor Statistics. Total unemployed rate edged...
ABA Data Bank: Coal Prices Rise Following Russia’s Invasion of Ukraine
The price of coal skyrocketed following Russia's invasion of Ukraine. As of March 4, the XWJ2 Comdty index has increased...
ABA-Backed Bipartisan Bill to Ease Libor Fixes Introduced in Senate
With two tenors of U.S. dollar Libor no longer being published the remainder set to cease by June 30, 2023,...
