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...
Newsbytes
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...
Yellen calls for ‘appropriate oversight’ for digital asset, crypto firms
In a letter to FDIC-insured banks, the agency requested that any institution considering engaging in crypto-related activities provide notification to...
J.D. Power survey: Customer satisfaction driven by support in tough times
As customers increasingly face tough economic challenges, retail banks’ ability to offer support plays a critical role in satisfaction, according...
CFPB issues report on payday loan extended payment ahead of appellate court case
The CFPB found that payday loan borrowers rarely used extended payment plans for managing payday loans that they could not...
Nichols: Inflation concerns shouldn’t overshadow nation’s debt outlook
The nation’s debt-to-GDP ratio should be a greater cause for concern for the nation’s policymakers than the current inflation situation,...
FOMC: securities holdings to be reduced by $95 billion a month
Federal Open Market Committee members said monthly reductions in securities holdings should be capped at about $60 billion for Treasury...
