ABA mortgage advocacy update: April 15, 2025
This month's ABA mortgage advocacy update focuses on CFPB reform, Dodd-Frank Section 1071, trigger lead legislation and moves to rescind ...
Tag: CBDC
House committee advances bills on stablecoins, de novo banks, CBDCs
The House Financial Services Committee voted to advance five banking-related bills, ranging from stablecoins to de novo bank formation. ABA ...
ABA-backed bill to block CBDC introduced in Senate
Sen. Ted Cruz (R-Texas) announced he has introduced legislation to block the Federal Reserve from issuing a central bank digital ...
Proposed bill would prevent CBDC implementation
Rep. Tom Emmer (R-Minn.) reintroduced a proposed bill that would prevent the Federal Reserve from using a central bank digital ...
Proposals in state legislatures target digital assets, CBDCs
At least 35 states have taken up proposed bills on cryptocurrency and other digital assets in 2024, with several states ...
House passes bill to prevent Fed from issuing a CBDC
The House voted 216-192 in favor of a bill to prohibit the Federal Reserve from issuing a central bank digital ...
ABA urges House to support bill to prevent Fed from issuing CBDC
In a letter, ABA urged House leaders to support a bill to prohibit the Federal Reserve from issuing a central ...
Rep. Emmer: Bank industry ‘keeps Main Street alive’
Banks are the “primary funder of new opportunities” in the U.S. free market system, providing the financial backing “that keeps ...
BIS: Central banks must address CBDC risks
For central bank digital currencies to be a reliable means of payment, central banks should address the risks of interruptions ...
Fed’s Bowman seeks ‘sensible’ regulatory framework for digital assets
Stablecoins and other digital assets pose risks to consumers and the U.S. banking system, so the providers of those services ...
