Nearly nine in 10 U.S. adults reported feeling some kind of financial stress at the start of 2026, with more than three in four saying they experienced a financial setback last year, according to a new survey by...
In his second day of congressional testimony, Treasury Secretary Scott Bessent said he will work to ensure there is “no deposit volatility” associated with a market structure bill for digital assets currently before Congress.
The ABA Foundation unveiled a first-of-its-kind report capturing forward-looking ideas from bankers, community leaders and nonprofit partners on how financial institutions can drive meaningful economic and community impact in the decades ahead.
Softening of the labor market could contribute to tempered wage growth and sustained unemployment, possibly leading to increased consumer delinquencies, according to ABA economists.
The Federal Reserve finalized the hypothetical scenarios for its annual stress test for large banks. In addition, the Fed board voted to maintain the current stress capital buffer requirements until 2027.
Treasury Secretary Scott Bessent reiterated the Trump administration’s push for regulatory tailoring during a sometimes contentious congressional hearing that touched on several issues, from stablecoin regulation to community development financial institutions.
