ABA Comments on IRS Proposal on Trust and Estate Deductions
In a comment letter last week, ABA offered feedback on a recent IRS proposal to address the treatment of deductions...
Newsbytes
GSEs Extend Forbearance Agreements for Multifamily Property Owners
The Federal Housing Finance Agency today announced that Fannie Mae and Freddie Mac will extend forbearance agreements for multifamily property...
Banking Trade Groups Call for Inclusion of AML/CFT Bill in NDAA
In a letter to Senate Armed Services Committee leaders this weekend, ABA joined six other financial trade organizations calling for...
ABA Foundation Announces Judges for 2020 Community Commitment Awards
The ABA Foundation today announced the names of the experts responsible for judging the 2020 Community Commitment Awards.
Agencies Propose New, Revised Questions and Answers on Flood Insurance
The banking agencies today released several new interagency questions and answers on flood insurance compliance, as well as a major...
Consumer Sentiment Improves in June
Consumer Sentiment increased 8.0 points in June to 78.1, according to the University of Michigan Consumer Sentiment Index. June’s figure...
Fed: Most Banks Remain ‘Sufficiently Capitalized’ in COVID Stress Scenarios
All 33 banks participating in the Federal Reserve’s 2020 supervisory stress tests would remain above minimum regulatory capital levels under...
CDC Posts Information for Banks, Bank Employees
The Centers for Disease Control and Prevention has posted webpages for bank employers and employees with tips for protecting staff...
Agencies Finalize Rule to Amend Initial Margin Requirements for Inter-Affiliate Swaps
Five federal financial regulatory agencies today finalized a rule that removes the requirement for covered swap entities to collect initial...
