Agencies Issue Final Rule Implementing S.2155 LCR Adjustment

A Treasury Department proposal to implement the Genius Act should not allow nonbank entities to bring unregulated stablecoins into the U.S. market through intermediaries, nor should it constrain legitimate bank activities, ABA today.

Dime Commercial Bancshares to buy ES Bancshares in New York. Texas Banc Financial to buy Haskell Bancshares in Texas.

ABA economists believe results are consistent with a sluggish housing market challenged by affordability concerns, labor shortages, and increasing input costs and suggests residential building activity could remain subdued in the face of elevated mortgage rates.

ABA submitted a list of frequently asked questions from bankers about the CFPB’s upcoming implementation of its revised small-business lending data rule.

FinCEN has identified more than $270 million in suspicious financial activity potentially linked to fraud against federal student aid programs, the Treasury Department said.

As the Office of Personnel Management considers possible changes to federal employee health benefits, it should create more opportunities for employees to select health savings account-qualified, high-deductible health plans, the ABA HSA Council said in a letter to...