Hispanic business group warns Clarity Act will harm local lending
A market structure bill for digital assets threatens to weaken the financial ecosystem supporting Hispanic-owned businesses by spurring the migration...
Newsbytes
FDIC issues relief guidance for Louisiana, Mississippi banks affected by storms
The FDIC released guidance with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of...
ABA, associations: Updated crypto market structure bill still puts local lending at risk
The latest version of a proposed market structure bill for digital assets still puts at risk the local lending that...
Main Street Capital Access Act would extend CDFI bond guarantee program
A major bank policy bill passed by the House includes language to help smaller community development financial institutions and require...
House Republicans propose whole-of-ecosystem approach to combat fraud, scams
Republicans on the House Financial Services Committee published a report calling for a coordinated national strategy to combat financial fraud...
FCC proposes strengthening Robocall Mitigation Database
The FCC voted 3-0 to issue a proposal to strengthen the Robocall Mitigation Database. ABA expressed support for the proposal...
ABA offers improvements for FSB’s ‘sound practices’ in AI adoption
The Financial Stability Board’s draft list of 12 recommendations to guide the adoption of artificial intelligence by financial institutions is...
House passes Main Street Capital Access Act
The House passed the Main Street Capital Access Act by a 270-155 vote. The bill seeks to boost community banking...
Nichols: ABA seeks ‘surgical’ changes to crypto market structure bill
ABA isn’t opposed to market structure legislation for digital assets but is seeking “tiny, surgical” changes to ensure the Genius...
ABA: Federal Home Loan Bank System vital for liquidity, affordable housing
The Federal Home Loan Bank System remains uniquely positioned to support local lending and economic growth through its member-focused cooperative...
