Senators propose CDFI tax credit
A bipartisan group of senators introduced an ABA-backed bill to create a community development financial institutions tax credit for private...
Newsbytes
FinCEN to consider revising beneficial ownership reporting mechanism
FinCEN is considering a “revised approach” to the form it plans to use to collect beneficial ownership information after American...
Second quarter GDP (Third Estimate) increases 2.1%
Real GDP grew at an annual rate of 2.1% in the second quarter of 2023, according to the “third” estimate...
ABA urges ISSB to integrate digital taxonomy efforts into climate implementation
Efforts by the International Sustainability Standards Board to define how corporate climate and sustainability data will be digitally analyzed should...
Watchdog report finds flaws in Fed’s supervision of SVB
Federal Reserve supervisors failed to adjust their approach to Silicon Valley Bank as the institution grew in size, and they...
Nine banks receive ABA Brand Slam Awards
ABA recognized the nation’s best bank marketing initiatives during the 2023 ABA Bank Marketing Conference in Austin, Texas.
FDIC’s Gruenberg sees little chance of deposit insurance system changes
There is little likelihood of any changes being made to the U.S. deposit insurance system in the foreseeable future as...
OCC supervisors to emphasize asset and liability management in 2024
Asset and liability management will be an area of focus in the coming year for OCC supervisors, according to the...
Senate committee advances cannabis banking legislation
A proposed rewrite of a cannabis banking bill cleared the Senate Banking Committee by bipartisan vote.
FinCEN proposes extending BOI reporting deadline for new companies
FinCEN proposed extending the deadline for certain companies to file their initial beneficial ownership information reports during the first year...
