IRS proposes regulations to implement Trump Accounts

The OCC’s interim final order confirms that federal law preempts the IFPA, expressly providing that national banks and federal savings associations are neither subject to nor required to comply with this state law.

The event provided the Treasury secretary and agency leaders the opportunity to hear firsthand about successful financial literacy efforts. The discussion will help inform Treasury’s ongoing work to update the National Strategy on Financial Literacy. Participants also highlighted...

ACH processed 403 million same-day payments in the first quarter of 2026, up 23.6% from the same period last year, network operator Nacha said.

The accounts allow individuals to review their earnings history and report missing or incorrect earnings to Social Security, and access spousal and survivor benefit estimates, according to the SSA.

Federal banking agencies finalized interagency rulemaking to expand the eligibility criteria for the community bank leverage ratio, adopting changes first proposed last year without further revisions.

ABA expressed its support for FCC Chairman Brendan Carr’s decision to schedule a vote on issuing a proposal that would impose stronger “know your customer” requirements on voice service providers that originate calls.