ABA and 10 other associations representing banks and credit unions urged lawmakers to reject another attempt to attach the Credit Card Competition Act as an amendment to an unrelated defense spending bill.
A federal judge in Kentucky issued a nationwide injunction blocking enforcement of the Consumer Financial Protection Bureau’s Section 1071 final rule until the U.S. Supreme Court rules on the constitutionality of the bureau’s funding structure.
The Producer Price Index for final demand increased 0.7% in August on a seasonally adjusted…
There were $697.6 billion in retail and food service sales in August, up 0.6% from…
The FDIC could improve its future efforts to increase consumer participation in the insured banking system by incorporating more best practices in its strategic planning process, the agency’s Office of Inspector General concluded.
The U.S. is imposing nearly 100 new sanctions on Russian elites and its industrial base, financial institutions and technology suppliers in response to the country’s war against Ukraine, the Office of Foreign Assets Control announced.
The National Security Agency, Department of Defense and law enforcement agencies have issued new advice for organizations on the cybersecurity threat known as “deepfakes.”
Republicans on the House Financial Services Committee called on federal regulators to withdraw proposed capital requirements for banks with more than $100 billion in assets.
ABA announced the inaugural winners of its new ABA Diversity, Equity and Inclusion awards during the virtual 2023 DEI Summit.
Commercial banks reported total trading revenue of $13.7 billion in the second quarter of 2023, down 22.4% from the previous quarter but up 31.7% compared with the year before, according to the OCC’s Quarterly Report on Bank Trading and Derivatives Activities.