Financial Groups Call for Repeal of Durbin Amendment in Letter to Fed
In a letter to the Federal Reserve yesterday, a group of six financial trade associations—including the American Bankers Association and...
Newsbytes
ABA’s Ballentine to Retire After 22 Years
James Ballentine, ABA’s longtime EVP for congressional relations and legislative affairs, today announced that he will retire from ABA on...
Survey: Real-Time Payments Capability Top Factor in Bank Selection by Businesses
A recent survey by Citizens Financial Group found that 85% of business leaders say real-time payments capabilities is the most...
ABA Urges Transition to SIP Codes 607 and 608 for Notification of Blocked Calls
The American Bankers Association and eight other industry trade groups urged the Federal Communications Commission to require telephone companies that...
Construction Spending Increases in December
Construction spending was at a seasonally adjusted annual rate of $1,639.9 billion in December, 0.2% above the revised November estimate...
ISM Manufacturing Decreases in January
The ISM Manufacturing Index registered 57.6 points in January, 1.2 percentage points lower than the December reading of 58.8%. This...
Fed’s Bowman to Speak at Conference for Community Bankers
Federal Reserve Governor Michelle Bowman, who holds the designated community bank seat on the board of governors, will speak during...
Fed Survey: Loan Easing Trend Continues in Q4 2021
Banks continued to ease standards on commercial, mortgage and personal loan products amid mixed demand, according to the Federal Reserve’s...
Banking, Consumer Groups Call for Changes to FHA’s Proposed Defect Taxonomy
The American Bankers Association, the Housing Policy Council and the Mortgage Bankers Association today offered comments on recent proposed changes...
ABA Data Bank: U.S. GDP Gets Closer to Pre-Pandemic Trendline
The advance estimate for GDP in Q4 2021 came in 1% shy of the pre-pandemic GDP trendline. ABA's Economic Advisory...
