ACH Network handled more than eight billion payments in Q1

Colorado Gov. Jared Polis vetoed legislation to prohibit the collection of interchange fees for sales taxes, saying it presented too much legal risk to the state’s business environment and consumers.

ABA said that legislation to establish national data privacy standards contains many of the policy priorities that it has advocated for over the years, including ensuring that banks continue to be subject to the Gramm-Leach-Bliley Act framework.

ABA urged the Federal Communications Commission not to impose additional regulation on foreign call centers belonging to banks and other non-telecommunications companies.

As Senate prepares to consider digital asset legislation, a national survey shows Americans support rules that protect the bank deposits that drive local lending and economic activity.

President Trump signed an executive order directing federal agencies to take steps to counter the potential cybersecurity threats posed by artificial intelligence, including by giving community banks the tools they need to protect themselves.

ABA offered several recommendations to improve a proposed rule governing what factors the Treasury Department will use to evaluate rules for state-qualified stablecoin issuers.