ABA Urges FDIC to Modernize Signage, Advertising Requirements
The American Bankers Association urged the FDIC yesterday to modernize its signage requirements to reflect new technologies and provide clarity...
Newsbytes
New ABA Report Examines Americans’ Access to Banking Services
An estimated 124.2 million households were considered “banked” in 2019, with at least one member having a checking or savings...
Brainard: Federal Reserve Sharpening Focus on Central Bank Digital Currency Research
In remarks at a virtual industry event today, Federal Reserve Governor Lael Brainard said the Federal Reserve is sharpening its...
Existing-Home Sales Fall 2.7% in April
Existing-home sales fell by 2.7% in April to a seasonally adjusted annual rate of 5.85 million, according to the National...
ABA Data Bank: More than 90% of Round Three PPP Loans Have Gone to Firms with 10 Employees or Fewer
Nearly 5.2 million out of the 5.7 million round 3 PPP loans have gone to small businesses with 10 employees...
ARRC to Recommend CME Group to Administer Forward-Looking SOFR Term Rate
In a significant move today, the Alternative Reference Rates Committee—of which the American Bankers Association is a member—said it plans...
OCC Issues Final Rule on Collective Investment Funds
The OCC today finalized a rule on prior notice periods for withdrawals from collective investment funds that are invested in...
President Biden Signs Sweeping Executive Order on Climate-Related Financial Risk
President Biden late Thursday signed an executive order on climate-related financial risk that, among other things, directs financial regulators to...
Treasury Report Offers Limited Details on ABA-Opposed Tax Reporting Proposal
The Treasury Department today released a report further detailing its proposals to shrink the tax gap as part of the...
Stakeholders Discuss TDRs, Purchase Accounting, CECL Changes at FASB Roundtable
During a virtual roundtable hosted by the Financial Accounting Standards board today, investors, bankers and regulators expressed broad agreement on...
