As Congress and the Trump administration continue negotiations over tax reform, they should address the tax-exempt status of the credit union industry, a prominent economist wrote in U.S. News and World Report today.

Several bills pending in Congress represent “sensible regulatory changes” that will help banks of all sizes grow the economy, wrote California Bankers Association President and CEO Simone Lagomarsino in an Orange County Register op-ed today.

Online and mobile banking continue to grow in popularity and together represent the primary banking channels for two-thirds of Americans, according to a new survey conducted by Morning Consult for ABA.

The Securities and Exchange Commission yesterday disclosed that its EDGAR system for filings and reports was hacked in 2016 and that hacked non-public data may have been used as a basis for insider trading.

The Federal Open Market Committee said it will begin reducing the Fed’s balance sheet in October, according to a statement from the committee released yesterday. The balance sheet is swollen with $4.5 trillion in securities purchased as part of quantitative easing programs between 2008 and 2014. The committee also decided to hold rates at 1 to 1.25 percent, citing “realized ...

The CFPB today issued policy guidance on the loan-level Home Mortgage Disclosure Act data it will make available to the public under the revised HMDA data collection rules, which take effect in 2018.

The Consumer Financial Protection Bureau today modified the Equal Credit Opportunity Act (Regulation B) to provide flexibility for lenders around the collection of applicants’ demographic data under the Home Mortgage Disclosure Act (Regulation C).

ABA today submitted comments on a recent joint proposal by regulators to pause the transition to the Basel III capital framework for banks not using the Basel advanced approaches.

Existing-home sales decreased 1.7% to a seasonally adjusted annual rate of 5.35 million in August, according to the National Association of Realtors (NAR). Sales were 0.2% above last August and the lowest since then. “Steady employment gains, slowly rising incomes and lower mortgage rates generated sustained buyer interest all summer long, but unfortunately, not more home sales,” said Lawrence Yun, ...

With high-profile data breaches continuing to make headlines, the American Bankers Association has endorsed the data breach services offered by CyberScout to help banks stay a step ahead of the growing threat.