Amid Pandemic, Consumers Pay Down Record $119 Billion in Credit Card Debt

Saying that bank liquidity is “the next big-ticket item” for regulatory reform, top officials at the Treasury Department and Federal Reserve outlined their case for revisiting the liquidity coverage ratio to recognize discount window borrowing capacity.

The OCC finalized a rule to revise licensing requirements for community banks and eliminated a system used to monitor national bank compliance with fair housing laws, both as part of a broader effort to reduce the regulatory burden...

ABA presented a list of banker priorities to be included in the 2026 Farm Bill ahead of a House Agriculture Committee markup of the legislation.

Proposed bank acquisitions announced in New York, Georgia, Missouri and Minnesota.

ABA is urging the CFPB to remove four demographic fields from its Consumer Response Intake Form and to take action to combat credit repair organizations, social media influencers and others who encourage consumers to submit unfounded complaints challenging...

Economic activity in the manufacturing sector expanded in February for the second consecutive month, according to the Institute for Supply Management.