Senators Introduce Draft of Bipartisan AML Reform Bill

The Federal Reserve announced that it will resume accepting pennies from banks and credit unions at commercial coin distribution locations on Jan. 14, providing services that were previously suspended.

While still wary about inflation and trade tensions, a majority of U.S. business owners are planning to expand their companies and make investments in 2026, according to a new survey by the New Jersey-based Provident Bank.

Republicans on the House Financial Services Committee unveiled a new bill they said would boost community banking by promoting de novo bank formation, raising regulatory thresholds and revising agency regulatory and supervisory practices.

The Federal Reserve is reviewing its rules under which “confidential supervisory information” can be shared to help banks better coordinate fraud prevention efforts and mitigate the potential for supervisory abuse, Vice Chair for Supervision Michelle Bowman said.

The FCC issued a final rule that requires voice service providers to provide more timely updated information to the Robocall Mitigation Database and provides increased penalties for non-compliance. The rule is effective Feb. 5.

New orders for manufactured goods in October, down following two consecutive monthly increases, decreased $8.1 billion or 1.3% to $604.8 billion, according to the U.S. Census Bureau report. This followed a 0.2% September increase.