FHFA announces foreclosure suspension for borrowers requesting HAF assistance

Federal Reserve Governor Michael Barr praised the work of community development financial institutions and the CDFI Fund, saying it is staffed with people “whose dedication to expanding economic opportunity was truly inspiring.”

Banks announce proposed acquisitions of financial institutions in Ohio, Texas and Illinois.

A series of proposed changes to the FDIC’s recently revised signage requirements is a positive step forward, but further changes are needed to ensure clarity and avoid confusion for depositors and other bank customers, ABA and Bank Policy...

ABA is urging the FCC to issue a notice of proposed rulemaking that would adopt several ABA requests to modernize the commission's Telephone Consumer Protection Act rules and combat illegal call spoofing. The FCC is scheduled to vote...

Brian Moynihan said it was incumbent on large banks to build the infrastructure, working through industry utilities, to ensure new payment rails like stablecoins are accessible and interoperable.

Federal Reserve Governor Christopher Waller proposed the creation of a “skinny” master account for payment services that would be easier to obtain than a regular master account but would come without the latter’s “bells and whistles.”