Sen. Mitch McConnell (R-Ky.) announced today that he will step down as Senate Republican leader in November. McConnell, who has led Senate Republicans since 2007, said that he will serve the remainder of his Senate term, which ends in 2027.
Home purchase cancellations rose to 14.5% of pending sales in September, the highest rate on record outside the early months of the pandemic.
Consumer sentiment decreased 0.2% month-over-month in October to 48, and was down 10.4% from one year ago, according to final results of the University of Michigan Surveys of Consumers.
ABA joined state bankers associations in Illinois, Texas, California and Missouri in debuting ads thanking House lawmakers in each for supporting policies that help families and small businesses.
Bank deposits deliver different — and more — value than stablecoins do. Comparing them on only one dimension obscures the picture.
The convention will open with remarks from ABA President and CEO Rob Nichols, who will outline the association’s priorities for the year ahead and look ahead to the midterm election
The Treasury Department announced that the Financial Crimes Enforcement Network is investigating a Greek bank for alleged ties to Iran.
