On the latest episode of the ABA Banking Journal Podcast, Rob Nichols offers his top takeaways from the ABA Washington Summit — including industry unity on stablecoin regulation, credit card policy challenges, federal preemption, and bipartisan legislation on fraud. Nichols also previews his upcoming travel to Vienna for the United Nations’ Global Fraud Summit.
The IRS will issue a final rule to implement a new tax deduction for certain automobile purchases, according to a notice in the Federal Register.
Years of duplicative, one-size-fits-all regulation have strained the diversity of the banking sector, with the burden falling hardest on community banks, Kathy Kraninger, president and CEO of the Florida Bankers Association, told House lawmakers.
House Republican leadership announced it will not schedule votes during the final two weeks of September, freeing members to campaign for the upcoming midterm elections.
Fifty-two state bankers associations expressed strong support for the Federal Communications Commission’s proposals to ensure that all voice service providers in the path of a call take meaningful responsibility for keeping illegal calls off the U.S. calling network.
How September 11, 2001 reshaped banking — and the people who protect it.
If consumers and businesses are encouraged to move money from bank deposits into stablecoins that offer interest-like rewards, those funds will no longer support local lending in the way they previously did, ABA Chair Kenneth Kelly said in...
