Podcast: The Fintech Policy Lightning Round

ABA isn’t opposed to market structure legislation for digital assets but is seeking “tiny, surgical” changes to ensure the Genius Act’s prohibition on interest and yield on payment stablecoin is upheld, ABA President and CEO Rob Nichols told...

The Federal Home Loan Bank System remains uniquely positioned to support local lending and economic growth through its member-focused cooperative model, ABA told House lawmakers.

In addition, ABA said that while it applauded recent steps taken by the Treasury Department and FinCEN to modernize the U.S. illicit finance regime, more work is needed.

The House Rules Committee voted to advance a proposed bill to tailor bank regulation and encourage de novo bank formation, setting it up for a possible House floor vote this week.

ABA that it supports a Securities and Exchange Commission proposal to expand reporting accommodations for smaller public companies.

Institutions that choose to lead will shape the architecture of the next payments era. Those that partner will need to move with precision and speed.