FHFA to review Federal Home Loan Bank System
The Federal Housing Finance Agency announced today it will conduct a “comprehensive review” of the Federal Home Loan Bank System...
Mester sees FOMC raising rates above four percent
It will be necessary to raise the federal funds rate to “somewhat above 4%” by early next year and hold...
Poll: Financial institutions see low demand for crypto
Relatively few executives at financial institutions said customers were requesting cryptocurrency options in a recent survey by the digital banking...
Reconciliation bill means selected new taxes, significant expansion of green energy initiatives
ABA's Kinsella recaps key provisions of the Inflation Reduction Act.
Survey: Banks increase tech budgets to upgrade security
Eight in 10 U.S. bank board members and executives said that their banks had increased their technology budgets in 2022,...
New online tool collects home mortgage data
The Consumer Financial Protection Bureau today unveiled a new online tool that gives users the ability to view Home Mortgage...
ABA, BPI oppose proposed replacement for troubled debt restructuring
In comments filed with the FDIC Friday, the American Bankers Association and Bank Policy Institute came out against an agency...
FedNow instant payments service to launch by July
The pilot program is slated to enter technical testing next month.
ABASA: More securities market transparency could have negative consequences
In a comment letter filed Friday, the American Bankers Association Securities Association and two other trade groups raised concerns about...
Trade groups back OCC: Some crypto actions within scope of traditional banking
Withdrawing OCC cryptocurrency interpretive letters won't benefit consumers and investors or promote a safe and secure marketplace, ABA says.
