Blog Page

The largest U.S. banks collectively showed that they can withstand a severe economic downturn and continued to improve their capital positions, according to the results of Dodd-Frank Act-mandated stress tests the Federal Reserve released yesterday. 

By a narrow vote of 213 to 211, the House today passed the 2018 farm bill, a crucial step toward ensuring the well-being of the nation’s farmers and ranchers and the 2,000 farm banks that serve them.

President Trump today signed into law an ABA-backed bill to strengthen the Small Business Administration’s oversight of its loan programs and increase maximum lending authority.

A federal judge today ruled that the Consumer Financial Protection Bureau’s structure -- a single powerful director who cannot be removed at will by the president -- is unconstitutional.

Just months after receiving a legal rebuke for its efforts to loosen field-of-membership limitations on federal credit unions, the National Credit Union Administration today issued a final rule that makes it easier for credit unions to evade these limits.

Economic growth will hit 2.8 percent for 2018, the fastest rate of growth in the current expansion, the ABA Economic Advisory Committee said today.

A group of 103 lawmakers yesterday wrote to Attorney General Jeff Sessions seeking further clarity on how the Americans with Disabilities Act applies to websites.

The number of home loans backed by Fannie Mae and Freddie Mac that are 60 days or more past due dropped from 1.6 percent to 1.4 percent at the end of the first quarter, according to the Federal Housing Finance Agency’s foreclosure prevention report released today.

Commercial banks reported total trading revenue of $8.2 billion in the first quarter of 2018, up 62.8 percent from the fourth quarter of 2017 and 15 percent from the year before, according to the OCC’s Quarterly Report on Bank Trading and Derivatives Activities today.

The latest episode of the ABA Banking Journal Podcast, sponsored by Velocity Solutions, takes listeners to the “busiest place in the entire country” when it comes to oil, as Jay Jenkins describes his hometown of Carlsbad, N.M. The boomtown — located in the heart of the oil-rich Delaware Basin, which is part of the broader Permian oil-producing area — has ...