ISM: Manufacturing sector expanded in January
Economic activity in the manufacturing sector expanded in January for the first time in 12 months, according to the Institute...
Newsbytes
ABA recommends changes to proposed car loan interest tax deduction regulations
ABA is recommending that the IRS make several changes to its proposed regulations to implement a new tax deduction for...
ABA submits recommendations for streamlining Call Report process
ABA offered several recommendations in response to a request by banking agencies on steps to streamline the regulatory reporting burden...
Metropolitan Capital Bank closed in Illinois
Illinois regulators closed Metropolitan Capital Bank & Trust in Chicago and appointed the FDIC as receiver. First Independence Bank in...
Senate passes funding deal, short partial shutdown expected
The Senate voted 71-29 in favor of a deal on government funding for several federal agencies that is set to...
ABA DataBank: Gold’s appreciation amid the dollar’s drift
The dollar is down 10% from a year ago against other major currencies, trading at its lowest level in four...
ABA urges agencies to finalize Community Bank Leverage Ratio framework revisions
ABA expressed strong support for the agencies’ proposal to lower the CBLR threshold from 9% to 8% and to extend...
ABA congratulates Warsh on Fed chair nomination
President Trump announced that he has nominated former Federal Reserve board member Kevin Warsh to be the next chair of...
Senators, president reach deal on government funding
Policymakers have reached a deal on government funding for several agencies that is set to expire on Jan. 30, but...
ABA DataBank: November trade balance shows wider deficit on strong imports
The ABA Office of the Chief Economist believes that this suggests that trade could weigh modestly on near-term economic growth,...
