Podcast: Rebuilding ‘the great Virginia regional bank’

ABA urged HUD to rescind its 2023 disparate-impact rule and replace it with one that more closely aligns with the findings of the U.S. Supreme Court.

The Treasury Department is taking public comment on plans to implement President Trump’s executive order directing it to no longer issue paper checks for disbursements.

ABA said that banks need further guidance from OFAC about how to implement its new recordkeeping requirements, as they deviate from existing bank practices and requirements.

Citing stakeholder confusion related to the cost and usefulness of certain climate-related information, ABA urged the Global Reporting Initiative to enhance its education efforts and due processes in evaluating climate disclosure proposals.

In response to a Trump administration effort to ease regulation, ABA is urging officials to rescind the regulation implementing the Dodd-Frank Act’s restrictions on debit card interchange fees.

Establishing a robust regulatory framework for stablecoin that integrates with, rather than disintermediates, the banking industry is critical to ensure financial stability and the ongoing vibrancy of the U.S. economy, ABA's Brooke Ybarra writes in a new opinion...