Nichols calls on bankers to contact senators ahead of stablecoin vote
In a Sunday letter to bank CEOs, ABA President and CEO Rob Nichols urged bank leaders across the country to...
Newsbytes
ABA to Senate Banking: Refine Clarity Act’s stablecoin yield language
ABA and a coalition of financial trade associations asked the Senate Banking Committee to refine the proposed payment stablecoin yield...
Fed report: Rising concerns about global conflict, gas prices
Despite reporting that the banking sector remains sound overall, the Fed said that more respondents in recent outreach noted risks...
Seventh Circuit sends Illinois interchange litigation back to district court
ABA and other financial trade groups welcomed the opportunity to resume their legal challenge to IFPA in district court, arguing...
ABA DataBank: Airline fares are soaring
Airline ticket prices are rising sharply as a result of higher fuel costs. Not only are carriers increasing fares, many...
ABA DataBank: Nonfarm payrolls beat expectations
This month’s job gain is evidence of a strengthening jobs market that withstood high energy costs and geopolitical uncertainty. The...
Survey: Public trust in banks vs. crypto remains high
Consumer trust in banks remains significantly higher than in cryptocurrencies, according to the results of a recent survey commissioned by...
ABA: Allow banks to serve as trustees for initial Trump accounts
The IRS should allow all banks to serve as trustees of initial Trump accounts for children rather than just rollover...
Appeals court rules New York interest-on-escrow law preempted by federal law
A federal appeals court ruled that New York State’s interest-on-escrow law is preempted by the National Bank Act, with the...
Fed: Consumer credit increased 3.2% in Q1
Consumer credit increased at a seasonally adjusted annual rate of 3.2% in the first quarter, with revolving and nonrevolving credit...
