ABA and several other trade associations sent a joint letter to members of Congress yesterday supporting the extension of one-year foreclosure protection for military personnel leaving active duty through the end of 2016, at a minimum.
ABA’s trade finance subsidiary, BAFT, today applauded the passage of legislation reauthorizing the Export-Import Bank of the United States.
New credit card accounts rose 16 percent year-on-year in the second quarter to total 318 million, according to the latest edition of ABA’s Credit Card Market Monitor released today.
BAFT, ABA’s international finance subsidiary, announced today that Warren Steinmueller has been appointed the new chair of its Transaction Banking Global Leaders group.
ABA added ten banks to its Nasdaq Community Bank Index (ABAQ) today. The index now includes 363 community banks with a combined market cap of over $222 billion.
ABA is urging all bankers to sign its petition for regulatory relief for America’s hometown banks.
With a government spending bill due by Dec. 11, negotiations over what will go into it are reaching a fever pitch on Capitol Hill. ABA views the spending bill as the best chance of including bipartisan regulatory relief provisions that bankers are seeking.
In a joint letter today, ABA and several farming industry groups urged the Senate to repeal a provision in the recent budget bill that would hinder the private-sector delivery of crop insurance.
ABA in a joint letter today urged Congress to remove Section 407 from the Cybersecurity Information Sharing Act as the House and Senate prepare to reconcile competing versions of the bill.
As part of this week’s Pass Reg Relief Now efforts, ABA is running drive-time radio spots on Sirius XM’s CNBC and MSNBC stations to make the case for regulatory relief.