FedNow adds risk mitigation feature, boosts transaction limit

New single-family home sales in May were at a seasonally adjusted annual rate of 623,000, according to the Census Bureau and HUD.

Federal banking regulators made available the 2025 list of distressed or underserved nonmetropolitan middle-income geographies.

A proposal to prevent the Federal Reserve from paying interest to banks would not save the government money nor make more credit available, Fed Chairman Jerome Powell said.

FinCEN issued orders identifying three Mexico-based financial institutions as being of primary money laundering concern in connection with illicit opioid trafficking.

The Federal Reserve and the OCC unveiled a series of proposed changes to the enhanced supplementary leverage ratio standards for the largest banks.

ABA launched a new online platform that will enable member banks to easily verify government checks and their payee information through the U.S. Treasury Department's existing Treasury Check Verification System at no cost.