ABA, Ohio Bankers League release ad encouraging Husted to keep fighting for Ohio families

ABA's economic team believes there are risks to growth including elevated interest rates and oil prices. However, strong investment in AI infrastructure and resilient consumer spending provide support to economic activity and the outlook for bank and credit...

ABA economists believe that the lower-than-expected inflation reading is a potential tailwind for the broader economy. Lower inflation supports household purchasing power which could improve credit performance and consumer loan demand.

Generative AI has made scams more convincing, personalized and scalable while enabling criminals to exploit trusted identities and communications channels, ABA's Paul Benda told senators.

A new committee to review state-level regulatory frameworks for stablecoins must adopt strong, transparent rules before it starts making decisions “that will shape the payment stablecoin market for years to come,” ABA and three bankers associations said.

The Federal Open Market Committee once again voted to maintain the target range of the federal funds rate at 3.5%-3.75%, but three members voted against the action, instead preferring to raise the rate.

Small, targeted changes to market structure legislation for digital assets are all that are needed to ensure the crypto industry can thrive while protecting the deposit base that banks need to provide lending to communities, ABA President and...