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The American Bankers Association today offered its support for two proposals designed to tailor enhanced prudential standards for banking firms with $100 billion or more in assets.  

In a comment letter to the FDIC today, the American Bankers Association reiterated its call for the agency to rescind its 2013 guidance on direct deposit advance services. 

In a recent interview with Forbes, Arizona Bankers Association President and CEO Paul Hickman described banking as a “righteous career,” highlighting the critical role that bankers play in the lives of consumers and local businessowners in their communities.

Existing-home sales dropped 6.4 percent in December following two consecutive months of increases, to a seasonally adjusted annual rate of 4.99 million, according to the National Association of Realtors (NAR). This followed a 1.9 percent increase in November. Sales are 10.3 percent below the December 2017 level of 5.56 million. Lawrence Yun, NAR’s chief economist, says current housing numbers are ...

Donna Brazile, former chairman of the Democratic National Committee, and Republican strategist Alex Castellanos have been announced as keynote speakers for the American Bankers Association’s Washington Summit, to be held April 1-3 in Washington, D.C.

While generally positive, preliminary analysis of the final pass-through rules suggests mixed results for a few issues of concern to S-corp banks.

ABA today joined 384 other national and local trade associations representing all sectors of the U.S. economy in calling for an end to the government shutdown.

The National Council of Insurance Legislators recently met in Oklahoma City and approved a unanimous bipartisan resolution supportive of policies that preserve health savings account access.

Industrial production increased 0.3 percent in December after rising 0.4 percent in November, according to the Federal Reserve. Capacity utilization was 78.7 percent in December a rate that is 1.1 points below its long-run average (1927-2017). Manufacturing output increased 1.1 percent, its largest gain since February 2018. Production of durable goods increased 2.7 percent, while non durable goods production decreased ...