Browsing: ABA leadership

Economy

In a virtual meeting with Treasury Secretary Janet Yellen today, the American Bankers Association board and Yellen discussed the current state of the economy and the role banks can play in facilitating robust economic growth in both the short term and long term.

Community Banking

American Bankers Association President and CEO Rob Nichols today said that the rapid convergence of banking and technology is important and benefits consumers, but emphasized that “there should be some degree of levelness as it pertains to supervision and consumer protection,” for new market entrants offering bank-like services.

Newsbytes

Ending the COVID-19 pandemic and restarting the nation’s economy will be the “overriding” top priorities for the banking industry in the year ahead, as outlined in ABA’s Blueprint for Growth, ABA President and CEO Rob Nichols told attendees at ABA’s virtual Washington Summit.

Commercial Lending

In an interview with NPR Marketplace’s Kai Ryssdal Friday, former ABA Chair Laurie Stewart said that additional funding for the Small Business Administration’s Paycheck Protection Program would be appropriate as many small businesses continue to struggle due to the coronavirus and will likely face a very challenging winter.

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