Construction Spending Increases in January
Construction spending was at a seasonally adjusted annual rate of $1,677.2 billion in January, 1.3% above the revised December estimate...
Newsbytes
ISM Manufacturing Increases in February
The ISM Manufacturing Index registered 58.6 points in February, 1.0 percentage point higher than the January reading of 57.6%. This...
Two Former Senators Added to Summit Speaker Lineup
Former Senators Claire McCaskill (D-Mo.) and Kelly Ayotte (R-N.H.) have been added to the speaker lineup for the American Bankers...
CFPB Issues Compliance Bulletin on Auto Repossessions
In a compliance bulletin issued today, the CFPB signaled that it will hold auto loan holders and servicers “accountable for...
NCUA Chairman Says Credit Union Consumer Protection Standards Should Match Banks’
National Credit Union Administration Chairman Todd Harper today made the case that consumer financial protection standards at credit unions should...
Reps. Maxine Waters, Ed Perlmutter to Speak at ABA Washington Summit
House Financial Services Committee Chairwoman Maxine Waters (D-Calif.) and veteran committee member Rep. Ed Perlmutter (D-Colo.) have been added to...
Russian Banks Denied Access to Swift; Biden Sanctions Putin
As the conflict in Ukraine continued to escalate over the weekend, President Biden and several world leaders agreed to block...
New Orders for Manufactured Goods Increases in January
New orders for manufactured durable goods in January increased $4.3 billion or 1.6% to $277.5 billion, the U.S. Census Bureau...
ABA Data Bank: More than Half of Bank Customers Interact Mostly Digitally
According to survey data from Morning Consult, 55% of bank customers primarily interact with their bank digitally, including via online...
Fed: Large Banks Continue to be Resilient
The nation's large banks at the core of the financial system “continue to be resilient” while some financial vulnerabilities remain...
