Divided FOMC holds rates steady

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,” the ABA and three bankers associations said.

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...

Warning of the potential fallout for banks and the communities they serve, bank leaders from across the U.S. are urging Senate leaders to use the Clarity Act to close a loophole that allows digital asset service providers to...

As the various federal banking agencies race to establish separate regulations for stablecoin issuers, they should be open to reproposing any rule that conflicts with a regulation put forward by another agency, ABA and three banking associations said.

Home prices increased 1.1% in May compared to the same month a year ago, up from a 0.9% rise the previous month, according to the S&P Cotality Case-Shiller Index.

In a new comment letter, ABA highlighted the dozens of bankers who wrote to the Federal Communications Commission in support of stronger “know your customer” requirements for voice service providers that originate calls.