ABA survey: Americans oppose policies that threaten credit card rewards programs
A new survey by ABA found that a strong majority of U.S. consumers are happy with their credit cards and...
Payments
FDIC’s Hill: Agency to revisit resolution planning, de novo bank formation
The FDIC will waive some requirements for large bank resolution planning and take steps to boost de novo bank formation,...
House committee advances bills on stablecoins, de novo banks, CBDCs
The House Financial Services Committee voted to advance five banking-related bills, ranging from stablecoins to de novo bank formation. ABA...
ABA asks CFPB to nix proposal to regulate stablecoin, credit card rewards
ABA is urging the CFPB’s current leadership to withdraw a proposed interpretive rule that would expand Electronic Fund Transfer Act...
FDIC rescinds notification guidance for crypto activities
The FDIC rescinded earlier guidance urging banks to first contact the agency before engaging in crypto-related activities, part of a...
Podcast: Breaking down the executive order on Treasury checks
In the wake of this week's significant executive order directing the Treasury to eliminate the use of paper checks for...
ABA-backed bill to block CBDC introduced in Senate
Sen. Ted Cruz (R-Texas) announced he has introduced legislation to block the Federal Reserve from issuing a central bank digital...
Executive order phases out U.S. Treasury paper checks
Under a new executive order from President Trump, effective Sept. 30, the U.S. Treasury will no longer issue paper checks...
ABA, associations reiterate opposition to Credit Card Competition Act
ABA joined nine associations representing banks, credit unions and payment providers in restating their opposition to the Credit Card Competition...
Podcast: What’s next for stablecoin policy and tech
Legislators and regulators are strongly focused on policy related to payment stablecoins, most recently with the passage of the Genius...
