Labor Department finalizes rule expanding ‘fiduciary’ definition
The Department of Labor released a new rule significantly broadening the definition of an investment advice “fiduciary” under the Employee...
FDIC seeks public comment on proposed changes to bank merger policy
The FDIC is accepting public comment on its proposal to change how the agency will evaluate bank merger applications.
ABA, state bankers associations: Congress must push for review of regulatory ‘tsunami’
ABA and 51 state bankers associations urged lawmakers to demand an independent review of recent banking agency rulemakings to assess...
ABA urges FCC not to impair banks’ communications with customers
ABA and seven associations urged the Federal Communications Committee to reject a request to require callers to include an automated...
ABA Data Bank: Car insurance prices hitting the gas
The cost of auto insurance rose more than 22% year-over-year in March, the largest annual jump since 1976.
Fed: Bank system remains sound, profitable
The banking system over the past few months has remained sound and resilient, with risk-based capital ratios well above regulatory...
Survey: Most high school students want to know more about financial management
Most high school students say they want to learn more about financial matters, according to a new survey by the...
Kansas City Fed: Bank aggregate CRE exposure may be a poor measure of risk
Commercial real estate risks can vary substantially, suggesting that aggregate CRE exposure may be a poor measure of risk, economists...
Recent news from Treasury’s Office of Foreign Assets Control: April 19
The Office of Foreign Assets Control took a number of significant sanctions actions over the last week across multiple programs:...
Banking sector, regulators announce joint effort to address AI risks
Banking industry and Treasury Department representatives came together at ABA's headquarters in Washington, D.C., to announce the next steps in...
