ABA Supports Newly Introduced ECORA Legislation

The OCC is proposing to rescind its updated recovery planning guidelines for larger banks, saying the move is part of a Trump administration effort to eliminate unnecessary regulatory burdens.

A proposed bill to establish a nationwide cap on fees and interest on credit cards and consumer loans would have a devastating effect on access to credit for individuals and small-business owners, ABA and seven financial sector associations...

ABA submitted bank-specific recommendations on policy and regulation of artificial intelligence as the Trump administration seeks to make the U.S. a leader in the technology.

Several aspects of a draft tax reporting form raise “significant concerns” and could lead to the IRS being inundated with incorrect taxpayer data, ABA said in a letter to the agency.

Since its inception in 2019, the Veterans Benefits Banking Program has helped approximately 634,000 recipients switch from receiving their benefits from check or other means to direct deposit at a financial institution, the Association of Military Banks of...

The Federal Reserve voted to advance proposed rulemaking to make stress tests for large banks more transparent and give the public more opportunities to comment on the models used in the tests.