The American Bankers Association today offered its support for two proposals designed to tailor enhanced prudential standards for banking firms with $100 billion or more in assets.  

In a comment letter to the FDIC today, the American Bankers Association reiterated its call for the agency to rescind its 2013 guidance on direct deposit advance services. 

Donna Brazile, former chairman of the Democratic National Committee, and Republican strategist Alex Castellanos have been announced as keynote speakers for the American Bankers Association’s Washington Summit, to be held April 1-3 in Washington, D.C.

While generally positive, preliminary analysis of the final pass-through rules suggests mixed results for a few issues of concern to S-corp banks.

ABA today joined 384 other national and local trade associations representing all sectors of the U.S. economy in calling for an end to the government shutdown.

The National Council of Insurance Legislators recently met in Oklahoma City and approved a unanimous bipartisan resolution supportive of policies that preserve health savings account access.

The Consumer Financial Protection Bureau today called on Congress to grant the bureau clear authority to supervise for Military Lending Act Compliance.

With thousands of federal employees and government contractors affected by the longest shutdown in U.S. history, America’s banks are working to support these individuals and their families that may be experiencing financial hardship.

In her first major speech as chairman of the House Financial Services Committee, Rep. Maxine Waters (D-Calif.) today highlighted the priority issues she will focus on in her new role.

With the London Interbank Offered Rate -- which underpins more than $350 trillion in mortgages, commercial loans, bonds and derivatives worldwide, including $200 trillion in U.S. dollar-denominated financial instruments -- not guaranteed to be sustained after 2021, what should banks be doing now to prepare for a transition away from the widely used benchmark?