Fed to Remove Caps on Coin Distribution
The Federal Reserve has announced that it will return to regular coin distribution for all coin denominations beginning on Jan....
Newsbytes
CFPB Issues Statement on Serving Consumers with Limited English Proficiency
The Consumer Financial Protection Bureau today issued a statement encouraging financial institutions to expand access to financial products and services...
ABA, NCRC: Fintech Firms with Bank Charters Should Be Subject to CRA
In an American banker op-ed today, ABA President and CEO Rob Nichols and National Community Reinvestment Coalition CEO Jesse Van...
BAFT Publishes Updated Guide for New Financial Assets on Distributed Ledger Technology
BAFT, ABA’s global transaction banking subsidiary, today announced the publication of two updated best practices guides on the Distributed Ledger...
Consumer Prices Rise in December
The Consumer Price Index increased 0.4% in December on a seasonally adjusted basis after rising 0.2% in November, according to...
ABA Offers Feedback on MSRB’s Strategic Goals
In response to a request from the Municipal Securities Rulemaking Board seeking industry input on its strategic goals, the American...
Small Business Optimism Drops in December
The NFIB Small Business Optimism Index declined 5.5 points in December, measuring 95.9. Many respondents reported increased uncertainty surrounding the...
Brainard: Agencies Weighing RFI on Artificial Intelligence
In remarks at a virtual event hosted by the Federal Reserve today, Fed Governor Lael Brainard said that the federal...
ABA Urges Withdrawal of CRA Information Collection Survey
The American Bankers Association and a coalition of trade associations yesterday called for the withdrawal of the OCC’s CRA information...
IRS Recommends Streamlining, Modernizing Improvements to Congress
The Internal Revenue Service has submitted a report to Congress—as required by the 2019 Taxpayer First Act—outlining a strategic plan...
