Podcast: How a CBDC would ‘fundamentally rewire our economy’

Two lawmakers have released a draft bipartisan bill to establish a national regulatory framework for artificial intelligence, including increased penalties for AI-enabled fraud and temporary preemption of state laws regulating AI models.

A group of the nation’s largest banks announced today that the Clearing House is launching an initiative to enable the clearing and settlement of tokenized deposits between banks.

The Department of Veterans Affairs has finalized its new partial claim program and broader loss mitigation updates, which will be live and accessible beginning June 15.

The top banking regulators appeared before the House Financial Services Committee, where they said that a decision on whether to press forward on Community Reinvestment Act reform may come soon and that merger application reviews probably should consider...

Colorado Gov. Jared Polis vetoed legislation to prohibit the collection of interchange fees for sales taxes, saying it presented too much legal risk to the state’s business environment and consumers.

ABA said that legislation to establish national data privacy standards contains many of the policy priorities that it has advocated for over the years, including ensuring that banks continue to be subject to the Gramm-Leach-Bliley Act framework.