A guest column in the New York Times claiming credit card points are being paid for by the poor is not supported by the evidence, American Bankers Association President and CEO Rob Nichols said in a recent letter to the editor appearing in the newspaper.
Sens. Tim Scott (R-S.C) and Steve Daines (R-Mont.) will speak at the ABA Washington Summit, to be held next week from March 20-22.
Treasury Secretary Janet Yellen has been added as a keynote speaker at ABA’s Washington Summit, to be held next week on March 20-22.
Lawmakers and regulators should adhere to the principle of “same activity, same risk, same regulation” when developing a framework for digital asset regulation, seeking to apply existing financial system safeguards to the digital asset ecosystem and filling in gaps with new legislation, ABA said this week.
Rep. Maxine Waters (D-Calif.), ranking member on the House Financial Services Committee, will speak at the ABA Washington Summit, to be held March 20-22.
Responding to initial IRS guidance on the provision for stock buyback excise taxes within last year’s Inflation Reduction Act, ABA last week recommended that one-year carryforward and carryback periods should be granted for net preferred stock issuances.
Acting Comptroller of the Currency Michael Hsu will speak at the 2023 ABA Washington Summit, to be held March 20-22.
In a memo to the House Financial Services Committee today, the American Bankers Association listed several concerns about a bill to modernize nationwide standards for financial data privacy.
Senate Banking, Housing and Urban Affairs Committee Chairman Sherrod Brown (D-Ohio) will participate in ABA’s 2023 Washington Summit as a keynote speaker.
The U.S. Postal Service should extend by at least six months the effective date of a proposed rule to amend mailing standards for currency, which currently is set to take effect March 1, ABA said this week in a letter to the agency.