New York Fed: Consumer inflation expectations held steady in May
Consumer household inflation expectations in May decreased at the short-term horizon and remained unchanged at the medium- and longer-term horizons,...
Newsbytes
ABA: Proposed rule would further erode legal restrictions on credit union membership
A proposal to ease “common bond” membership requirements for federal credit unions is part of a series of policy actions...
NCUA adopts rule to assert federal preemption over state interchange laws
The NCUA is issuing an interim final rule to clarify the powers of federal credit unions to charge certain fees,...
CFPB: Creditors may be required to check immigration status
Creditors may be legally obligated to check a consumer's immigration status for mortgage loans and credit cards, especially where removal...
ABA reminds CFPB of key recommendations on mortgage servicing reform
ABA reiterated several key recommendations it first outlined in 2024 in response to CFPB’s proposed revisions to Regulation X’s mortgage...
Consumer credit increased in April
Consumer credit increased at a seasonally adjusted annual rate of 4.8% in April.
ABA DataBank: Average maturity for used car loans remains elevated
Used-car loan term lengths remain near historically elevated levels, suggesting some borrowers are stretching repayment periods to manage higher vehicle...
FinCEN issues advisory on suspicious activity linked to employment of undocumented immigrants
FinCEN issued an advisory warning financial institutions “to be vigilant against risks presented by the unlawful employment of illegal aliens.”...
Proposed bill seeks to establish federal regulation of AI
Two lawmakers have released a draft bipartisan bill to establish a national regulatory framework for artificial intelligence, including increased penalties...
ABA names 2026 Banking Research Dissertation Grant recipient
ABA announced Jacob Moore as the recipient of its 2026 ABA Banking Research Dissertation Grant. The program provides economics or...
