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The rarely used Congressional Review Act provides an opportunity for Congress and the president to overturn regulatory rulemakings — and the GOP trifecta in 2025 will bring new regulations up for review.

The banking industry reported net income of $65.4 billion in the third quarter of 2024, a decrease of $6.2 billion, or 8.6%, from the prior quarter, according to the FDIC.

Independent Bank in Rockland, Massachusetts, has agreed to buy Enterprise Bancorp in Lowell.

Saved by the bell? Millions of American businesses faced a January 1 deadline to register their beneficial owners with the Financial Crimes Enforcement Network — until a federal judge issued a preliminary injunction stopping FinCEN from enforcing the deadline.

United Community Banks in Greenville, South Carolina, has agreed to buy ANB Holdings in Oakland Park, Florida.

ABA has added six banks to the ABA NASDAQ Community Bank Index. The index includes 248 community banks with $240.4 billion in market capitalization.