ABA DataBank: PCE inflation comes in lower in June
ABA economists believe that the lower-than-expected inflation reading is a potential tailwind for the broader economy. Lower inflation supports household...
Newsbytes
ABA’s Benda shares policy recommendations for fighting AI-enabled scams
Generative AI has made scams more convincing, personalized and scalable while enabling criminals to exploit trusted identities and communications channels,...
ABA, associations: Stablecoin review committee must establish formal procedures
A new committee to review state-level regulatory frameworks for stablecoins must adopt strong, transparent rules before it starts making decisions...
Divided FOMC holds rates steady
The Federal Open Market Committee once again voted to maintain the target range of the federal funds rate at 3.5%-3.75%,...
Nichols: Bankers seeking surgical changes to Clarity Act to protect local lending
Small, targeted changes to market structure legislation for digital assets are all that are needed to ensure the crypto industry...
Bankers: Local lending at risk if stablecoin payment of interest loophole isn’t closed
Warning of the potential fallout for banks and the communities they serve, bank leaders from across the U.S. are urging...
ABA, associations ask agencies to commit to reproposing conflicting Genius Act rules
As the various federal banking agencies race to establish separate regulations for stablecoin issuers, they should be open to reproposing...
Growth in home prices ticked up in May
Home prices increased 1.1% in May compared to the same month a year ago, up from a 0.9% rise the...
ABA highlights banker comments seeking stronger ‘know your customer’ rules for originating providers
In a new comment letter, ABA highlighted the dozens of bankers who wrote to the Federal Communications Commission in support...
Bank acquisitions announced in four states
First Financial to buy Finward in Indiana, proposed acquisitions announced of banks in Oregon, New Mexico and North Carolina.
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