Podcast: Is it time to kill the paper check?

The Senate Banking Committee voted 18-6 in favor of a bill that would create a regulatory framework for payment stablecoins, with the legislation receiving support from all committee Republicans and some Democrats.

In comments to lawmakers, ABA offered three principles to guide the establishment of a regulatory framework for payment stablecoins.

A House bill that would cap credit cards’ annual percentage rate at 10% would severely restrict the availability of such credit to many consumers, ABA and seven financial sector associations said in a joint letter to the bill’s...

A new survey found that most U.S. consumers stick to the same checking and saving accounts through a significant portion of their lives if their institutions have physical locations.

The OCC published an interpretive letter rescinding the agency’s policy on bank engagement with cryptocurrency “to reaffirm that a range of cryptocurrency activities are permissible in the federal banking system."

Part two of this podcast series explores Charley Dawes' service in World War I, his international diplomacy, his vice presidency and the bailout of his bank in 1932.