Bowman: Fed Eyeing Updates to Third-Party Guidance
In a speech at the Federal Reserve Bank of Atlanta today, Federal Reserve Governor Michelle Bowman discussed how the Fed...
Newsbytes
Durable Goods Orders Fell 0.2% in January After Rising 2.9% in December
New orders for manufactured durable goods in January decreased $0.4 billion or 0.2 percent to $246.2billion, the U.S. Census Bureau...
ABA: Rakuten Application Poses Risk to Deposit Insurance Fund
A recent deposit insurance application by Rakuten—a major Japanese e-commerce company—for its U.S. bank subsidiary Rakuten Bank America could pose...
New Home Sales Rise 7.9 Percent in January
New single-family home sales rose to a seasonally adjusted annual rate of 764,000 in January, according to the U.S. Census...
HUD Proposes Changes to Foreclosure Sale Policies, Procedures
The Department of Housing and Urban Development is seeking feedback on a proposed set of changes aimed at improving its...
ABA Foundation Announces Lights, Camera, Save! Video Contest Winners
California student Michaela Oh won the first-place grand prize of $5,000 in the ABA Foundation’s Lights, Camera, Save! video contest,...
NPR’s Marketplace Features Early-Career Banker in New Series
As part of its new “United States of Work” series spotlighting 10 workers across the country, NPR’s Marketplace program featured...
Sens. Thune, Baldwin Urge Greater Regulatory Flexibility for Ag Lenders
In a letter to the federal banking agencies today, Sens. John Thune (R-S.D.) and Tammy Baldwin (D-Wis.) made a bipartisan...
FDIC: Overall Bank Earnings Decline, Community Bank Earnings Up
FDIC-insured banks and savings institutions earned $55.2 billion in the fourth quarter of 2019, a 6.9% decrease from the industry’s...
Verizon Report Highlights Financial Firms’ Attitudes Toward Mobile Security
As financial services companies increasingly use mobile technologies in their day-to-day operations, an overwhelming majority—92%—agree that organizations need to take...
