Consumer sentiment rises in March
The University of Michigan Consumer Sentiment Index increased 3.3% in March compared to the month prior, landing at 79.4, according...
Policy
Survey: Regulatory risk growing concern for bank leaders
Bank executives and board members are growing more concerned about regulatory risk as banking agencies introduce an expanding list of...
The Points Guy says no thanks to the Credit Card Competition Act
‘Would you like to spend every single time you make a purchase begging to do it on the network that...
Podcast: The Points Guy on why credit card rewards matter
The Points Guy founder Brian Kelly discusses his personal story of getting involved with reward travel, his opposition to efforts...
U.S. receives upgraded rating for beneficial ownership information reporting
The Financial Action Task Force announced that the U.S. has been upgraded to “largely compliant” with FATF Recommendation 24, which...
ABA, associations tell CFPB to drop auto lender data collection plans
ABA and four associations this week urged the CFPB to abandon plans to gather data from automobile lenders about their...
Audit shows Fed assets slid in 2023
Total assets of the Federal Reserve Banks as of Dec. 31, 2023, were approximately $7.8 trillion, a decrease of $0.7...
FDIC issues regulatory relief guidance for Rhode Island, Maine
The FDIC released guidance with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of...
ABA urges CFPB to withdraw proposed ban on certain NSF fees
ABA urged the CFPB to withdraw a proposed rule to prohibit certain insufficient funds fees as “abusive.”
ABA Chair Thurlow discusses regulatory ‘tsunami’ facing banks
In a recent interview with the newsletter Capitol Account, ABA Chair Julieann Thurlow spoke about the “tsunami” of regulation released...
