Economy
Nichols Writes to Senators in Support of Reg Reform Bill
American Bankers Association President and CEO Rob Nichols wrote to Senate leaders today to offer the association’s full-throated support for...
ABA Supports Biennial ‘Living Will’ Submission Process
In a letter to FDIC Chairman Martin Gruenberg and Federal Reserve Vice Chairman for Supervision Randal Quarles today, ABA encouraged...
New York Fed to Begin Publishing New Reference Rate on April 3
The Federal Reserve Bank of New York will begin publishing the Secured Overnight Financing Rate, or SOFR, on April 3,...
Powell: Tailored Regulation Remains a Top Priority for Federal Reserve
Tailoring regulation based on an institution’s size and risk profile is “at the heart of what we’re doing” at the...
Banks Report Net Income of $25.5B in Q4
FDIC-insured banks and savings institutions earned $25.5 billion in the fourth quarter, down 40.9 percent from the industry’s earnings a...
