Report: FDIC seeks 20% workforce reduction

In response to a recent OCC request, ABA offered several recommendations for steps third-party service providers should take to support financial sector innovation and increase competition and market transparency.

Proposed acquisitions announced of banks in Kansas, Wisconsin, Minnesota and North Dakota.

The Consumer Confidence Index was 84.5 in January, down from 94.2 the previous month and the lowest reading in more than a decade, the Conference Board said.

Sen. Roger Marshall (R-Kan.) no longer plans to offer an amendment to add credit card routing mandates to an unrelated bill on cryptocurrency regulation, Politico and Punchbowl News reported.

ABA’s Office of the Chief Economist believes that the low November home price appreciation reflects a housing market still weighed by high mortgage rates and low affordability.

Andrew Ting has joined ABA as its new deputy general counsel and EVP, where he will lead strategic legal efforts to enhance the public policy environment for U.S. banks, along with other association legal activities.