House Republicans introduce bill to rein in CFPB
Republicans on the House Financial Services Committee have proposed legislation to change how the CFPB is funded and redefine its...
Newsbytes
Survey finds many bank customers use gen AI, but don’t trust it
Deloitte survey finds that while most bank customers use generative AI to research bank products, they hesitate to share personal...
House passes short-term funding bill
The House passed legislation to fund the federal government through early December and temporarily extend several programs, including the National...
ABA DataBank: Manufacturing index expands for eighth consecutive month in August
The ABA economists believe the expansion points to the sector’s continued resilience despite rising input costs. Strong manufacturing business activity will continue...
ABA offers improvements for FDIC deposit insurance assessment, resolution plan proposals
While two FDIC proposals to revise deposit insurance assessments and resolution planning are a step in the right direction, the...
FSB chair urges financial institutions, tech providers to prepare for AI risks
With the rise of frontier artificial intelligence models, financial institutions and third-party technology providers should prepare for a cyber threat...
Final: Consumer sentiment fell in August
The University of Michigan Consumer Sentiment Index decreased 6.2% in August compared to the month prior, landing at 51.7, according...
FinCEN seeks to sever alleged Iranian-linked bank from financial system
FinCEN proposed a new rule to cut off a branch of an Egyptian bank from the U.S. financial system as...
ABA DataBank: U.S. corporate profits reach record high
U.S. corporate profitability reached a record high in Q2 2026, as after-tax profits rose 8.2% to $3.92 trillion or an...
Fed OIG report outlines Trump administration efforts to scale back CFPB
The CFPB was temporarily unable to perform some of its statutory duties because of Trump administration stop-work orders, according to...
