Podcast: The Points Guy on why credit card rewards matter

Federal Reserve Governor Christopher Waller provided an update on the feedback the Fed received about a proposal to create “skinny” accounts for payment services, acknowledging that banks and financial technology firms want conflicting things from the proposed service.

ABA voiced support for several provisions in a legislative package intended to boost housing availability in the U.S., including language to raise supervisory thresholds for community banks and to encourage new bank formation. The House later passed the...

The Government Accountability Office released the first of two reports on the Trump administration’s efforts to scale back the activities of the CFPB, providing a timeline of bureau layoffs and office closures.

Tacking affordability starts with the cost of credit — and future capital rules can help.

The FDIC announced that it will push back to May the deadline for comment on its proposal to create a process through which banks can seek agency approval to issue stablecoins through a subsidiary.

Proposed legislation would provide “a strong framework” to improve social media companies’ urgency in removing fraudulent advertising, “stopping countless scams before they start,” ABA President and CEO Rob Nichols said in a letter to the bill’s sponsors.