CFPB to vacate credit card late fee rule in deal with banks
The CFPB reached an agreement with ABA and other plaintiffs to settle a lawsuit over its rule on credit card...
Newsbytes
ABA, associations urge FCC to lower regulatory barriers to customer communications
ABA led a group of seven associations representing financial and electric utility industries in urging the FCC to revise or...
New York Fed: Consumer inflation expectations mixed in March
Consumer inflation expectations in March increased at the short-term horizon but ticked down at the long-term horizon, the Federal Reserve...
CFPB stops enforcement of nonbank registry rule
The CFPB will not enforce a Biden-era rule requiring certain nonbank lenders to register information about their company with the...
Lawmakers seek to overturn OCC bank merger rule
Republican lawmakers in the House and Senate have introduced a resolution to overturn a 2024 final rule that changed how...
ABA DataBank: Treasury yields sink after reciprocal tariffs announced and rise on postponement
Treasury yields fell after the sweeping April 2 tariff announcement, as investors sought safety amid rising trade tensions and no...
ABA, associations push for equal treatment in regulation of data collection
ABA joined three banking and credit union associations in urging the CFPB for a “level playing field” between regulated financial...
Producer prices fell in March
The Producer Price Index declined 0.4% in March from the previous month, the Labor Department reported.
Preliminary: Consumer sentiment fell 6.2 points in April
The University of Michigan Consumer Sentiment Index fell 10.9% in April compared to the month prior, landing at 50.8, according...
Report: FDIC seeks 20% workforce reduction
The FDIC is seeking to reduce its workforce by a further 20% as part of an effort to reduce the...
