Public voting opens today at 9 a.m. EDT for Lights, Camera, Save! social media contest
The ABA Foundation today kicked off its Lights, Camera, Save! Social media contest on the ABA Instagram page, where the...
Newsbytes
ABA recommends changes to SEC’s proposed MMF reforms
As the Securities and Exchange Commission contemplates reforms to strengthen the transparency and resiliency of money market funds, ABA urged...
ABA, SBAs: CFPB RFI shows ‘deeply flawed conclusions’ on consumer financial markets
The American Bankers Association and all 51 state bankers associations directly challenged the CFPB on a recent request for information...
N.Y. Fed survey: Consumers bearish on short-term inflation and long-term income prospects
Consumers expect an uptick in short-term inflation, but longer-term decline, according to the Federal Reserve Bank of New York’s monthly...
Trade groups: CFPB’s revised adjudication rules ‘a step in the wrong direction’
The CFPB’s newly revised rules of practice for administrative adjudication are “a step in the wrong direction,” expanding the powers...
ABA Data Bank: Used car index shows largest monthly decline in 23 months
The Manheim Used Vehicle Value Index decreased 7.8 points in March to 223.5, the biggest drop in used car prices...
Hsu advocates for bank-like regulation for stablecoins
Acting Comptroller of the Currency Michael Hsu called for establishing an “intentional architecture” for stablecoins that would focus on “stability,...
Chopra: CFPB to query core providers over costs, contracts, service
The CFPB is examining the effects of a concentrated core platform marketplace on consumers and banks, CFPB Director Rohit Chopra...
State bankers associations: Pending credit union legislation is inappropriate, ineffectual
Fifty-one state bankers associations wrote to lawmakers opposing the credit union industry’s “unnecessary” charter enhancement efforts as part of The...
ABA report: Credit market expected to weaken on high inflation
Top economists from the largest U.S. banks expect credit market conditions to weaken amid high inflation, according to the American...
