Bonus Podcast: Overview of the Main Street Lending Program

The CFPB's new focus on reversing regulatory overreach and reducing unnecessary regulatory burdens will help make financial services more affordable and accessible for consumers, ABA said in response to the bureau’s draft strategic plan.

In a new letter to the Financial Accounting Standards Board related to implementation issues of the Current Expected Credit Loss accounting standard, ABA emphasized that “a consistent message has emerged: for community banks, CECL costs far outweigh its...

Federal Home Loan Bank members should be allowed to use short-term FHLB letters of credit to secure advances through the Federal Reserve’s discount window, the Council of FHLBs suggested in a recent letter to FHFA Director Bill Pulte.

The eleven Democratic members of the Senate Banking Committee called for the committee to delay the nomination hearing for Kevin Warsh to be Federal Reserve chairman until the Trump administration drops its investigations into current Chairman Jerome Powell...

Meet Tom Ogaard, ABA’s 2025-26 Government Relations Council chair.

The Fair Credit Reporting Act is a critical consumer protection law that supports responsible lending, and policymakers should avoid changes that could restrict credit availability by reducing data accuracy or adding complexity, banker Veneshia Ferdinand told House lawmakers...