Browsing: Congress

Newsbytes

With Republicans set to take control of the House in 2023 and Democrats retaining control of the Senate, ABA is congratulating both parties while reminding lawmakers that a divided government doesn’t need to lead to partisan gridlock.

Newsbytes

Acknowledging that the FDIC does not currently incorporate the financial risk of climate change into its supervisory program, Acting Chairman Martin Gruenberg said today the agency needs to “clearly communicate” what its intentions are as it begins to explore those risks.

Newsbytes

The CEOs of the seven largest retail banks appeared before Congress today for the second of two days of hearings, defending the Zelle peer-to-peer payments network and assuring lawmakers that their institutions reimburse customers for unauthorized payments.

Newsbytes

The CEOs of the nation’s seven largest retail banks testified before the House Financial Services Committee today in a hearing that touched on a wide range of topics, although high inflation and the Federal Reserve’s decision the same day to once again raise the federal funds rate loomed large.

Newsbytes

Legislation giving merchants broad say over which credit card routing networks they use will be a security risk for consumers as well as a blow to banks of all sizes, bank and credit union representatives said Wednesday during a well-attended briefing on S. 4674 for Capitol Hill staff hosted by ABA and the National Association of Federally-insured Credit Unions.

1 2 3 12