The Treasury Department issued a request for comment on stablecoin implementation, particularly on tools or strategies that financial institutions can use to detect illicit activity involving digital assets.
ABA expressed support for rescinding the 2023 Community Reinvestment Act final rule and reinstating the 1995 rule, saying that while the older rule isn’t perfect, “it is more closely aligned with congressional intent and is more workable than...
Builder confidence in the market for newly built single-family homes was 32 in August, down one point from July, according to the NAHB/Wells Fargo Housing Market Index.
The FDIC has not established performance goals and metrics to measure the effectiveness of its program to assess the risk management practices of third-party firms that provide services to banks, according to a recent report by the FDIC...
The Federal Reserve will sunset a program started in 2023 to supervise bank activities related to cryptocurrencies and financial technology and instead roll those activities into its regular supervision.
For Americans hitting the road this summer, 68% are either cutting back or watching their travel budgets. Only 11% are spending more than usual.
