CFPB releases updated home loan buyer’s guide
CFPB regulations require updates to be announced in the Federal Register. No official notice has been published yet, and it...
House committee advances ABA-backed bills on state lending rate caps, CFPB reform
House Financial Services Committee advanced legislation to prevent states from imposing interest rate caps on loans from out-of-state state-chartered banks...
Senate Ag Committee advances Farm Bill
The Senate Banking Committee advanced the Farm Bill after it had previously stalled, with the current version of the legislation...
House committee removes proposed tax deferral for digital asset rewards
House lawmakers removed a provision from a tax package that would have permitted entities involved in the staking and mining...
Podcast: Making the jump from a high performer to a high-performing leader
"Leadership is a skill you have to develop and maintain over time," says Velera Wilson.
FOMC raises rates for first time in three years
The Federal Open Market Committee announced it would raise the target range for the federal funds rate by 25 basis...
ABA DataBank: Retail sales excluding gas increased 1.1% for the month
Stronger retail sales could help support demand for consumer and consumer business loans. However, as consumers spend more on essentials...
With failure on procedural motion, Clarity Act’s future is uncertain
The Senate voted 50-49 against ending debate on the Clarity Act. By failing to reach the 60-vote threshold needed for...
East Tennessee community banks to merge
U Bancshares in Huntington, Kentucky, has agreed to buy Heritage Community Bank in Burlington, Kentucky.
House passes revised version of Common Cents Act
The House passed by voice vote a revised version of legislation to officially end penny production and provide a framework...
