ABA Supports FDIC Proposal to Rescind Duplicative Disclosure Requirement

The proposal is designed to make the CRA strategic plan option more accessible and less resource-intensive for banks with assets up to $30 billion.

A proposed bill to curb abuse of the Fair Credit Reporting Act by class action plaintiffs' attorneys would establish reasonable limits on liability while preserving the protections granted to consumers, ABA and 14 associations said.

A federal court erred when it left in place a Colorado law capping interest rates and fees on loans to state residents. the FDIC and OCC said. ABA also asked the court to reconsider its decision.

The FDIC board adopted a 2026 operating budget that slashes the agency’s staffing levels by nearly 20%, voted to lower the special assessment charged to certain banks to recover losses associated with the protection of uninsured depositors following...

ABA urged House lawmakers to advance several bills on a host of issues, from National Flood Insurance Program reauthorization to supporting de novo bank formation.

Total nonfarm payroll employment increased (+64,000) and has shown little change since April, the U.S. Bureau of Labor Statistics reported. The unemployment rate, at 4.6%, edged up from September’s rate of 4.4%.