Podcast: Navigating the Beginning of the End for Libor

ABA joined state bankers associations in Illinois, Texas, California and Missouri in debuting ads thanking House lawmakers in each for supporting policies that help families and small businesses.

Bank deposits deliver different — and more — value than stablecoins do. Comparing them on only one dimension obscures the picture.

Core providers are large and have significant market power, but bankers are not without options when it comes to working with them.

The OCC finalized a rule to enforce the Genius Act with a narrower prohibition on payment-of-interest than the agency originally proposed, although it expects to issue future rulemaking on the subject.

ABA recommended that Treasury make four changes to upcoming guidance to promote a workable and competitive trustee framework that also protects beneficiaries.

A Treasury Department proposal to implement the Genius Act should not allow nonbank entities to bring unregulated stablecoins into the U.S. market through intermediaries, nor should it constrain legitimate bank activities, ABA today.