ABA, NCBA Release New Ad Highlighting Sen. Tillis’ Support for PPP
ABA and the North Carolina Bankers Association today released a new voter education ad thanking Sen. Thom Tillis (R-N.C.) for...
Newsbytes
Retail Sales Up 0.6 Percent in August
There was $537.5 billion in retail and food service sales in August, up 0.6% from July and 2.6% above the...
CFPB Previews Section 1071 Proposals Under Consideration
The Consumer Financial Protection Bureau today issued an outline of the proposals it is considering for its rulemaking to implement...
ABA’s Nichols Discusses COVID-19 Response, Economic Outlook in Podcast
American Bankers Association President and CEO Rob Nichols today said the banking sector is “well-positioned” to help the economy recover...
FDIC Approves Plan to Restore DIF to Statutory Minimum Without Higher Assessments
FDIC Chairman Jelena McWilliams today signaled that an increase in the deposit insurance assessment rate schedule will likely not be necessary to...
ABA Urges Lawmakers to Pass E-Sign Modernization Bill
In a letter to Senate Commerce Committee leaders today, the American Bankers Association called on lawmakers to support S. 4159,...
Industrial Production Rises Slightly in August
Industrial production increased 0.4% in August after rising 3.5% in July. Industrial production remains 7.3% below pre-pandemic levels. Manufacturing output...
ABA, Trade Groups Weigh in on Proposed Changes to FHA Servicing Handbook
The American Bankers Association joined the Housing Policy Council and the Mortgage Bankers Association in a comment letter to the...
Fed Survey: Consumer Spending Expectations Little Changed
Americans’ expectations for how much more they will spend in the next year held steady at 3.0% in August from...
FinCEN Final Rule Establishes AML Requirements for Trust Companies, Private Banks
The Financial Crimes Enforcement Network has issued a final rule establishing minimum standards for anti-laundering programs for institutions lacking a...
