Trillions of dollars for community lending could be lost if lawmakers fail to close a loophole crypto firms could use to bypass the Genius Act’s prohibition on paying interest or yield on payment stablecoins, ABA and seven banking...
Credit risk associated with large, syndicated bank loans remains moderate, with credit risk trends reflecting the effects of borrowers' ability to manage higher interest expenses and other macroeconomic factors, three banking agencies said in their most recent Shared...
CFPB Acting Director Russell Vought has requested $145 million from the Federal Reserve to fund the bureau through at least March, according to a recent court filing.
President Trump’s proposal for a one-year cap of 10% on credit card interest rates would harm consumers and small businesses by reducing credit availability, ABA and four banking associations said.
Heavy truck sales have historically served as a reliable leading indicator of an economic slowdown.
Privately-owned housing units authorized by building permits in October were at a seasonally adjusted annual rate of 1,412,000. This is 0.2% below the revised September rate of 1,415,000 and is 1.1% below the October 2024 rate of 1,428,000.
