As tax reform discussions continue on Capitol Hill and with legislation potentially moving in the coming months, ABA President and CEO Rob Nichols today shared the association’s views on tax reform in a letter to Senate Finance Committee Chairman Orrin Hatch (R-Utah).

As the Trump administration works to advance its tax reform initiative, ABA today took part in a meeting with representatives from the National Economic Council, Treasury Department and other financial industry groups to provide feedback.

Prompt passage of tax reform will be a major driver of hiring and capital spending decisions, according to a Business Roundtable survey of large company CEOs -- and failure or excessive delay could reduce planned investment and ding economic growth.

The Public Company Accounting Oversight Board today approved a new auditor reporting standard aimed at providing more relevant information to investors.

Testifying before the Senate Banking Committee today, Treasury Secretary Steven Mnuchin said he is hoping to collaborate with senators on financial regulatory relief and housing finance reform.

With interest rates on the rise and new leadership in D.C., risk conditions on the ground are considerably different today from one year ago.

The Treasury Department today launched a beta version of a website allowing consumers to see how tax dollars are spent.

Many community banks are likely to save on yearly consulting and audit costs as a result of revisions made to the Financial Accounting Standards Board's understanding of what defines a public business entity.

The Trump administration today released its long-awaited proposal for tax reform.