Federal court pauses CFPB, FDIC, Treasury firings
A federal court in Maryland issued a temporary restraining order preventing the Trump administration from firing probationary employees at 16...
ABA DataBank: Credit unions leverage Bank Term Funding Program
Bank Term Funding Program data shows that credit unions made up just 28% of borrowers but received over 40% of...
ABA offers policy recommendations for proposed AI ‘action plan’
ABA offered four policy recommendations for Trump administration officials as they develop an “action plan” to advance the development and...
Social Security implements new protocols for changing bank information
The Social Security Administration announced that beneficiaries will no longer be able to change their direct deposit bank information through...
ABA supports resolution to overturn CFPB medical debt rule
Noting that the CFPB's final rule on medical debt reporting would harm "banks’ lending risk, consumers’ default risk, and the...
Podcast: How mail theft fuels the check-fraud boom
On ABA Banking Journal Podcast — presented by nCino — ABA's Paul Benda and Caitlin Piasecki of the United States Postal...
Judge grants CFPB’s request for more time to resolve late fees case
Federal judge Mark Pittman today granted the Consumer Financial Protection Bureau a 30-day pause in the challenge brought by ABA...
Senate confirms Pulte as FHFA director
The Senate voted 56-43 to confirm Bill Pulte to be FHFA director. Pulte is CEO of the private equity firm...
Producer price index remained unchanged in February
The Producer Price Index was unchanged in February from the previous month and increased 3.2% from a year before.
Mortgage rates hold steady
The rate for a 30-year fixed-rate mortgage was 6.65% this week. The rate for a 15-year fixed-rate mortgage was 5.8%.
