FinCEN issues alert on West Bank violence
FinCEN issued an alert for financial institutions related to the financing of what it said was Israeli extremist settler violence...
Policy
ABA makes suggestions to NIST on generative AI governance
In a letter, ABA encouraged the National Institute of Standards and Technology to develop a complement to its existing AI...
ABA: Fighting bank scammers requires a collaborative effort
Banks have been on the frontlines of innovation and deploying advanced capabilities to protect their customers, but the fight against...
Lawmakers express skepticism about proposed capital requirements
House lawmakers from both parties expressed skepticism about proposed interagency rules to raise capital standards for larger banks.
ABA supports for business provisions, low-income housing tweaks in tax bill
ABA expressed support for several provisions in a proposed tax bill that was advanced by the House by bipartisan vote.
FOMC leaves rates unchanged
The Federal Open Market Committee announced that it would once again leave the federal funds rate unchanged at 5.25%-5.5%.
Banking regulators publish final CRA rule
Banking regulators have officially published the more-than-2,000-page final rule to modernize how they assess compliance with the Community Reinvestment Act.
Regulators release proposed Call Report changes under capital standards
The Federal Reserve, FDIC and OCC have released proposed revisions to Federal Financial Institutions Examination Council reports—including the Call Report—that...
Adding insult to injury: How regulators are making homebuying even more expensive
The wave of new regulations will only exacerbate the crisis, leaving consumers with higher costs and fewer options
Bank buys raise questions about the ‘credit union difference’
Credit unions are swallowing up tax-paying banks at an alarming rate, using the tax break lawmakers granted them to serve...
