House committee advances ABA-backed 403(b) bill
With a bipartisan vote of 35 to 12, the House Financial Services Committee this week advanced H.R. 3063, the Retirement...
Policy
ABA urges lawmakers to support ACRE Act
In a letter, ABA urged House lawmakers to support the Access to Credit for our Rural Economy Act, which the...
FOMC minutes: Members uncertain about further rate hikes
Federal Open Market Committee members all agreed to raise the federal funds rate by 25 basis points at their meeting...
Waller: Inflation too high to stop rate increases
Federal Reserve Governor Christopher Waller said that he does not support stopping increases in the federal funds rate unless there...
Senators criticize Fed for engaging in ‘climate activism’
Nine Republican senators urged the Federal Reserve to stop engaging in “climate activism,” saying the institution’s “credibility hangs in the...
Poll: Despite controversies, most people know little about ESG
Most Americans have little to no familiarity with environmental, social and governance investing, and that hasn’t changed for at least...
Comparative stress testing in the U.S. and Switzerland
In the U.S., stress tests could benefit from a different starting point besides increases in the unemployment rate, while the...
Fed’s Bowman again urges targeted regulatory response to bank failures
Federal Reserve Governor Michelle Bowman once again called for a “targeted” regulatory response to the recent bank failures, pushing back...
FinCEN, Commerce Department issue joint alert on Russia sanctions
The Financial Crimes Enforcement Network and the Commerce Department’s Bureau of Industry and Security issued a supplemental joint alert urging...
ABA, trade groups: CFPB research skirts legal requirements
In a joint letter, ABA, the U.S. Chamber of Commerce and three other banking and credit union trade associations criticized...
