Rep. Mike Johnson (R-La.) was reelected House speaker today after receiving 218 votes. Johnson was first elected speaker in 2023 following the ouster of former Speaker Kevin McCarthy (R-Calif.). Johnson has served in Congress since 2017.
Corporate bond yields for both investment-grade and high-yield issuers have trended downward since mid-2025.
The White House today ordered federal regulators to roll back or tailor regulations to expand access to mortgages and spur new housing construction.
On the latest episode of the ABA Banking Journal Podcast, Rob Nichols reflects on the ABA Washington Summit, including stablecoin regulation, credit card policy challenges, federal preemption, and bipartisan legislation on fraud.
A federal court has tossed two Justice Department subpoenas against Federal Reserve Chairman Jerome Powell after finding that “a mountain of evidence” exists to suggest the subpoenas were issued to pressure the Fed into lowering interest rates.
OFAC has authorized Russian oil exports through April 11 to ease pressure on rising fuel prices following the start of military operations in Iran.
A recent study of community development financial institution small-dollar loans to microbusinesses found that most borrowers improved their business outcomes, although some entrepreneurs struggled with managing their debt.
