FinCEN urges financial institutions to help identify federal student aid fraud

ABA submitted a list of frequently asked questions from bankers about the CFPB’s upcoming implementation of its revised small-business lending data rule.

FinCEN has identified more than $270 million in suspicious financial activity potentially linked to fraud against federal student aid programs, the Treasury Department said.

As the Office of Personnel Management considers possible changes to federal employee health benefits, it should create more opportunities for employees to select health savings account-qualified, high-deductible health plans, the ABA HSA Council said in a letter to...

FHFA is considering requiring only one or two credit reports for single-family loans that Fannie Mae and Freddie Mac acquire, FHFA Director Bill Pulte said in a post on X.

The survey found differences in each generation's approach to money. It also reported four strategies that, according to those surveyed, help build financial wellness: saving regularly, budgeting, reducing unnecessary spending and paying down debt.

All major market groups posted gains in September except business equipment, which was unchanged. The production of consumer goods rose 0.7%, reflecting an increase in the index for nondurable goods that more than offset a decline in the...