ABA, State Associations Oppose Tax Reporting Proposal
As the House considers the Biden administration’s social spending bill, the American Bankers Association and 51 state associations today told...
Newsbytes
ABA Raises Concerns about OCC Nominee’s Views on Bank Policy
President Biden yesterday announced that he will nominate Saule Omarova to serve as comptroller of the currency.
Federal Government Issues Guidance for Federal Contractors Vaccine Mandate
The federal government’s Safer Federal Workforce Task Force issued guidance today that requires COVID-19 vaccination of all employees of federal...
Community Banks’ Early Technology Investment Pays Off During Pandemic
Community banks that invested more in technology before COVID-19 made more loans and took in more deposits during the pandemic...
ABA Data Bank: FOMC Evenly Split on Rate Hikes by the End of 2022
Following its September meeting, the FOMC said that tapering "may soon be warranted." Additionally, the Fed's "dot plot" now shows...
New Home Sales Rise in August
New single-family home sales rose to a seasonally adjusted annual rate of 740,000 in August, according to the U.S. Census...
ABA Opposes Legislation to Expand Credit Union Business Lending
In a letter to Rep. Vicente Gonzalez (D-Texas) and Rep. Brian Fitzpatrick (R-Pa.) today, the American Bankers Association said that...
Tax Foundation: Eliminating Credit Union Tax Exemption Would Do Minimal Economic Harm
Eliminating the credit union tax exemption would support sound tax policy, a new report from the Tax Foundation found. The...
ABA Nominates Officers, Board for 2021-2022
The American Bankers Association’s nominating committee—chaired by Laurie Stewart, president and CEO of Sound Community Bank, Seattle—has selected a slate...
CDFI Announces 2021 Small Dollar Loan Program Awards
The Community Development Financial Institutions Fund today awarded more than $10.8 million in grants through the 2021 Small Dollar Loan...
