ABA Foundation, Montana Bankers partner to support flood victims
Following devastating floods that struck Montana communities in and around Yellowstone National Park in June, the ABA Foundation has partnered...
Newsbytes
Kansas City Fed’s George warns against ‘oversteering’ on rates
Speedy rises in the federal funds rate “raises the prospect of oversteering” the management of monetary policy, Federal Reserve Bank...
FSB Calls for Parity in Crypto Market Regulation
Crypto-assets and markets must be subject to effective regulation and oversight equal to the risks they pose domestically and internationally.
Consumers expect short-term inflation, bearish on home prices and spending
More U.S. consumers believe inflation is on the horizon in the short term but are more optimistic about an economic...
ARRC publishes playbook to support transition from legacy Libor cash products
The Alternative Reference Rates Committee today released a playbook to help support the transition away from legacy Libor cash products.
ABA, Devenir survey: 67M Americans covered by an HSA
An estimated 67 million Americans were covered by health savings account, according to a survey released today by ABA’s HSA...
FHFA: Fannie, Freddie sold nearly 155,000 non-performing loans since 2014
Fannie Mae and Freddie Mac have sold 154,972 nonperforming loans as of Dec. 31, 2021, with a total unpaid balance...
Consumer credit increases in May
Consumer credit increased at a seasonally adjusted annual rate of 8.8% in the first quarter and 5.9% in May. Total...
Fed’s Brainard: Time is right for crypto regulation
Recent volatility has uncovered “serious vulnerabilities” in the crypto financial system that may require new regulation, Fed vice chair says.
NIST releases encryption tools to combat quantum computing threats
The Commerce Department’s National Institute of Standards and Technology this week selected the first group of encryption tools designed to...
