Podcast: The bank policy outlook for 2024

The OCC needs to coordinate with other federal agencies to ensure that all stablecoin issuers are subject to the same regulatory expectations, ABA said.

On the ABA Banking Journal Podcast, ABA's Heather Trew breaks down recent news about the president's executive order on illegal immigration and the financial system and the FinCEN advisory on red flags associated with the employment of illegal...

In a new letter, the Democratic members of the Senate Banking Committee criticized President Trump for not nominating any Democrats to the boards of the FDIC and other financial regulators, arguing the administration is defying decades of bipartisan...

ABA said it strongly supports the shift toward risk-based compliance in a proposed overhaul of the Bank Secrecy Act program rule.

As federal regulators draft anti-money laundering and sanctions regulations for payment stablecoin issuers, they need to address the financial crime risks posed by secondary market payment stablecoin activities, ABA said.

ABA said that while it appreciates the IRS incorporating its recommendations into the proposed revisions to W-9 tax forms, the association still has significant concerns about some of the instructions for completing the form.