The American Bankers Association today joined the New Jersey Bankers Association in releasing a new ad encouraging Rep. Josh Gottheimer (D-N.J.) to continue his efforts to find common-sense solutions that support New Jersey businesses and communities.
“Representative Gottheimer has worked hard to build consensus for bipartisan policies that strengthen the economy,” said ABA President and CEO Rob Nichols. “We appreciate his efforts to grow small businesses and create opportunity.”
Cyber Monday saw record holiday season spending, growing 7.3% year-over-year to $13.3 billion.
The total number of mortgage applications and originations “dropped significantly” in 2023, with both falling by roughly a third from the year before, the CFPB said.
ABA and the Consumer Bankers Association urged a New York City agency to withdraw a proposed rule to expand the procedural requirements for creditors collecting debts in their own name.
The Office of Cybersecurity and Critical Infrastructure Protection has released a consumer advisory on avoiding cyber and online scams during the holiday season, including a warning about suspicious texts or emails claiming to come from financial institutions.
ABA joined associations representing bankers and credit unions in filing a lawsuit challenging the CFPB's effective cap on overdraft fees.
The FCC will discontinue its requirement that banks obtain certain types of Weiss safety ratings to be eligible to provide a letter of credit to telecommunications provider recipients of the Rural Digital Opportunity Fund.
