Podcast: Helping Entrepreneurs Get Back in the Game

A proposed Senate bill would strengthen the CDFI Fund through added transparency, the expansion of responsible access to capital and the improvement of federal programs that support CDFIs, ABA said in a letter to the bill’s sponsors.

The ABA Foundation launched the Rebuild Right: Safe Credit Recovery and Responsible Debt Solutions campaign, a new national initiative designed to empower consumers to rebuild credit responsibly and avoid harmful financial pitfalls.

Warning that banks cannot fight scams alone, bankers told House lawmakers that federal agencies need to better coordinate their efforts to mitigate the problem and that social media providers and other technology providers also need to do their...

It is essential to look beyond the balance sheets and understand the pressures facing the modern borrower.

The House Financial Services Committee advanced legislation to boost community banking by raising regulatory thresholds, revising agency supervisory practices, tailoring regulations further, encouraging de novo banks and strengthening community development financial institutions.

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...