ABA, BPI support proposed process to create drone no-fly zones
In a joint letter to the FAA, ABA and BPI said that unauthorized unmanned aircraft activity near financial institution sites...
Newsbytes
International trade deficit increased by $23 billion in May
The May increase in the goods and services deficit reflected an increase in the goods deficit of $23.6 billion to...
New York Fed: Consumer inflation expectations rose in June
Perceptions about households’ current financial situations compared to a year ago improved, with a smaller share of households reporting a...
ABA comments on SEC semiannual vs. quarterly reporting proposal
ABA supports providing companies with additional flexibility, but noted “several practical considerations may limit the extent to which banks elect...
Duo of investment bank buys highlight recent M&A activity
Regions in Alabama buys investment bank Frazier Lanier, while Commerce in Missouri to buy boutique investment bank Nolan & Associates.
ABA, associations: FHA minimum property requirements hurt access to affordable mortgages
The Federal Housing Administration should align its minimum property requirements with those used by Fannie Mae and Freddie Mac, which...
ABA: SAFE Banking Act would reduce illicit finance risk
ABA noted that while nearly every state has legalized marijuana in some form, the uncertain legal landscape means state-licensed marijuana...
ABA DataBank: Services sector continues to expand with rebound in employment
For banks, continued growth in services and expansion in employment should support commercial and industrial lending, particularly among service-oriented small...
Fed: Noncash payments continue to grow, credit cards more frequently used
The number of noncash payments more than tripled since 2000, with credit cards now outpacing debit cards in growth in...
ABA DataBank: 2026 Fourth of July cookout
As Americans prepare to celebrate the Fourth of July, the cost of a traditional cookout averages $73.82 for 10 people...
