House passes capital formation package

Joint CFPB, Justice Department exercise found that Black small-business owners "received less favorable treatment" in some aspects of bank financing, but the agencies warned against drawing broader conclusions.

The banking industry is strong but being “crushed” by overregulation, ABA Chair John Asbury told attendees at ABA’s Agricultural Bankers Conference.

ABA urged the FCC to join a “whole of government” approach to combatting fraud, including fraud perpetrated by criminals who use illegal calls and text messages.

Senate Republicans elected Sen. John Thune (R-S.D.) as Senate majority leader today. Thune is currently Senate Republican whip.

The IRS released a memo on the tax deductibility of the special assessment levied on certain banks by the FDIC in 2023 to recover the hit to the Deposit Insurance Fund following the Silicon Valley Bank and Signature...

Total household debt in the U.S. increased by $147 billion to reach $17.94 trillion in the third quarter of 2024, the Federal Reserve Bank of New York said.