Federal Reserve Banks will return to regular coin distribution for all coin denominations starting July 17, the agency announced.
Author Walt Williams
A series of proposed changes restricting access to America Invents Act post-grant proceedings before the Patent Trial and Appeal Board are contrary to congressional intent and create unnecessary hurdles for businesses that are sued by entities on weak patents that should have never been issued, the ABA and six associations said.
The Federal Open Market Committee announced it would leave the target range for the federal funds rate at 5% to 5.25%, marking the first pause since it began raising rates last year.
Assets at minority depository institutions grew from $246 billion in 2010 to $329 billion in 2022, with a significant amount of that growth occurring between 2019 and 2021, according to a new report on MDIs by the National Bankers Association Foundation.
Sens. Thom Tillis (R-N.C.) and Jon Tester (D-Mont.) urged President Biden to appoint an independent investigator to further probe the recent bank failures.
House Oversight and Accountability Committee leaders wrote to San Francisco Federal Reserve Bank President and CEO Mary Daly requesting documents and information related to the oversight of Silicon Valley Bank.
Credit cards are a safe, accessible and affordable form of consumer credit, but that could be at risk if CFPB and Congress impose imprudent regulations, according to a letter sent to CFPB yesterday by ABA and two banking and credit union associations.
A proposed rule to require financial institutions to use the Treasury Check Verification System, or a similar authorized system, to verify Treasury checks would place a significant burden on those institutions, ABA and three banking and credit union associations said in a letter to the Treasury Department
Federal Home Loan Banks are a vital liquidity source for their member institutions and have been since the FHLB system was established, ABA and 51 state and territorial banking associations said this week in a joint letter to the Federal Housing Finance Agency.