ABA, Groups Call for Inclusion of AML Reform Bill in Final Defense Spending Bill
ABA joined a broad coalition of advocacy groups from different industries in a letter urging House and Senate Armed Services...
Newsbytes
SBA Updates PPP FAQs to Address Payment Deferral Extension
The Small Business Administration and Treasury Department tonight updated the Paycheck Protection Program FAQs to address the deferral period extension...
FOMC: Banks Could Face Increased Stress From Loan Defaults if Economic Recovery Stalls
Small and medium-sized banks could face stress from defaults on loans to small business and commercial real estate if consumers...
CFPB Issues RESPA FAQs, Rescinds Compliance Bulletin on MSAs
The Consumer Financial Protection Bureau today released a set of frequently asked questions that provide an overview of the provisions...
Consumer Credit Shrinks in August
Consumer credit decreased at a seasonally adjusted annual rate of 2.0% in August according to the Federal Reserve. Revolving credit...
ABA, Arizona Bankers Association Release New Ad Highlighting Rep. Stanton’s Support for PPP, Small Biz
ABA and the Arizona Bankers Association today released a new voter education ad thanking Rep. Greg Stanton (D-Ariz.) for supporting...
Community Banker Calls for Sensible Changes to Outdated Brokered Deposit Rules
As policymakers consider reforms to the three-decade-old brokered deposit rules, they should “think about what the appropriate guardrails are to...
Agencies Finalize Capital, TLAC Rules to Support COVID-19 Response
The Federal Reserve, the FDIC and the OCC have finalized two rules intended to help banks respond to the challenges...
Powell: Economic Outlook Remains Uncertain, Depends on Controlling Spread of Coronavirus
The U.S. economic outlook remains highly uncertain and depends on controlling the spread of the coronavirus pandemic, Federal Reserve Chairman...
ABA, Arkansas Bankers Association Release New Ad Highlighting Rep. Hill’s Support for PPP
ABA and the Arkansas Bankers Association today released a new voter education ad thanking Rep. French Hill (R-Ark.) for supporting...
