Podcast: The Health of Savings in HSAs

The Federal Reserve finalized revisions to its supervisory rating framework for large banks to address the “well managed” status of the institutions.

As the Treasury Department crafts regulations to implement the Genius Act, it should seek to preserve the benefits of payment stablecoins without causing unnecessary risks for customers, credit availability and financial stability, ABA and four associations said in...

ABA submitted a list of banker recommendations for the FHFA to include in its proposed strategic plan, including suggestions concerning supervision of Fannie Mae, Freddie Mac and the Federal Home Loan Banks.

The OCC is taking action to address concerns about “debanking,” including through the licensing process and CRA exams, Comptroller of the Currency Jonathan Gould said at a conference in New York City.

The economy has changed significantly since the 2008 financial crisis, but regulation is holding back banks from fully engaging with those changes, Federal Reserve Vice Chair for Supervision Michelle Bowman said.

ABA and 52 state bankers associations urged the Treasury Department to uphold the Genius Act’s prohibition on stablecoin issuers paying interest or yield on payment stablecoins.