House Panel Passes Bankruptcy Alternative for Large Banks

President Trump will host a swearing-in ceremony on Friday for incoming Federal Reserve Chairman Kevin Warsh, according to a news report. Jerome Powell is currently serving as chair pro tempore.

Homebuilder confidence in the market for newly built single-family homes increased three points to 37 in May, according to the NAHB/Wells Fargo Housing Market Index.

ABA's access point to the Treasury Check Payee Verification System has verified nearly 105,000 checks since it launched in June 2025.

ABA and the Texas Bankers Association have released a new ad applauding Rep. Julie Johnson (D-Texas) for her work to lower the cost of credit for family farms and rural homeowners and urging her to continue those efforts.

Hotter-than-expected inflation data in April pushed financial markets to sharply revise expectations for Federal Reserve monetary policy.

The OCC finalized two rules to clarify that national banks are exempt from state laws regulating real estate escrow accounts. Both rules were first proposed late last year.