Policy

The Biden administration today endorsed raising the de minimis threshold for its controversial IRS reporting proposal from $600 to $10,000.

Esther George, president and CEO of the Federal Reserve Bank of Kansas City today announced that the FedNow payment system...

ABA provided detailed feedback on interagency third-party risk management guidance proposed by the Federal Reserve, FDIC and OCC.

Scott Anderson, a consummate behind-the-scenes leader, steps into the spotlight as ABA’s 2021-22 chair.

As banks prepare for the forthcoming cessation of Libor, the OCC today released an updated self-assessment tool for banks to...

Rep. Stephanie Murphy (D-Fla.) today said that proposed requirements for banks to report information on gross inflows and outflows for...

In remarks at ABA’s Annual Convention in Tampa today, ABA President and CEO Rob Nichols called on bankers to redouble...

The IRS reporting proposal is not the way to address the tax gap. Most Americans agree, and as more of...

The White House issued a 40-page report yesterday titled, “A Roadmap to Build a Climate-Resilient Economy,” laying out its view...

The American Bankers Association today joined a broad coalition of business trade groups in a letter to House and Senate...