ABA warns against increasing administrative burden for CDFI Fund awards
While ABA supports responsible stewardship of federal financial assistance, any changes to how that assistance is distributed should preserve the...
Newsbytes
Bank acquisitions announced in three states
Proposed mergers announced of banks in Nebraska, Illinois and New Hampshire.
Fed’s Warsh: Tailored regulation best supports domestic banking sector
In his first appearance before Congress as head of the Federal Reserve, Chairman Kevin Warsh stressed the need for tailored...
ABA DataBank: Consumer prices increased at a slower pace
Elevated inflation will continue to weigh on consumer and business sentiment, erode purchasing power and dampen real economic growth, ABA...
ABA DataBank: Small-business optimism exceeded expectations in June
The NFIB Small Business Optimism Index rose 2.1 points in June to 97.4, just below the survey's 52-year average of...
ABA, ICBA join state associations in urging Senate to strengthen stablecoin yield provisions in Clarity Act
In a joint letter to Senate leaders, ABA, ICBA and 76 state associations representing thousands of community financial institutions across...
ABA shows support for the Common Cents Act
ABA expressed support for the Common Cents Act, which renews calls for officially halting the production of the U.S. penny...
OCC, FDIC release guidance on lending, undocumented workers
Lending to individuals who are not legally authorized to work in the U.S. may present elevated credit risk to financial...
CFPB pauses planned workforce reduction
The CFPB has temporarily halted plans to shrink its current workforce by more than half until a new bureau director...
ROAD to Housing Act becomes law
Among its homeownership benefits, the legislation also includes provisions related to brokered deposits, bank examinations, de novo bank formation and a mentor-protégé...
