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4 hours ago   (0 Comments - view/add)
Associations Call for Broad Collaboration on Privacy »
As the National Institute of Standards and Technology works to develop a sector-wide privacy framework, ABA on Monday join...
4 hours ago   (0 Comments - view/add)
Kansas Ag Banker: Expanding FCS Won’t Help Rural America »
Responding to a recent American Banker op-ed calling for the expansion of the Farm Credit System, Leonard Wolfe, president...
4 hours ago   (0 Comments - view/add)
White House: Shutdown hurts US economy more than expected »
The White House has raised its estimate of how much the government's partial shutdown is reducing economic growth to 0.13...
4 hours ago   (0 Comments - view/add)
Dimon: Continued shutdown will kill economic growth »
Economic growth will be reduced to zero if the partial shutdown of the US government continues the whole quarter, said JPM...
4 hours ago   (0 Comments - view/add)
Rep. Ocasio-Cortez headed to financial-services panel »
Rep. Alexandria Ocasio-Cortez, D-N.Y., will sit on the House Financial Services Committee, the freshman congresswoman twee...
Tuesday, January 15, 2019   (0 Comments - view/add)
Rep. Waters expected to reveal plans for financial committee this week »
Rep. Maxine Waters, D-Calif., is expected to announce her plans for the House Financial Services Committee on Wednesday. O...
Tuesday, January 15, 2019   (0 Comments - view/add)
Fed study: Faster wage growth unlikely »
Unemployment rates are the lowest since the 1960s, but that doesn't mean wages will increase at a faster pace, finds a stu...
Tuesday, January 15, 2019   (0 Comments - view/add)
Commentary: Low-quality corporate debt threatens economy »
Too much low-quality corporate debt presents risk for the US economy, write Sheila Bair, former head of the Federal Deposi...
Tuesday, January 15, 2019   (0 Comments - view/add)
CFPB expected to remove some requirements of small-dollar rule »
The Consumer Financial Protection Bureau may remove portions of its small-dollar lending rule that require lenders to veri...
Tuesday, January 15, 2019   (0 Comments - view/add)
Supreme Court will not hear case challenging CFPB constitutionality »
The Supreme Court refused to hear a case brought by the federally chartered State National Bank of Big Spring, the Competi...
Tuesday, January 15, 2019   (0 Comments - view/add)
Survey: Bank Investors Dispute Need for CECL »
Three-quarters of bank investors disagree that change is necessary to loan loss accounting rules, while just 17 percent su...
Monday, January 14, 2019   (0 Comments - view/add)
Bankers urge Urges Trump, Congress to Reopen Government »
With the government shutdown now in its third week, ABA President and CEO Rob Nichols on Friday called on President Trump...
Monday, January 14, 2019   (0 Comments - view/add)
ABA Seeks Participants for BSA/AML Officer Survey »
The ABA Center for Regulatory Compliance is asking bankers to participate in the ABA Bank Secrecy Act/Anti-Money Launderin...
Monday, January 14, 2019   (0 Comments - view/add)
Clarida: Dodd-Frank influences Fed balance sheet review »
Demand by banks for highly liquid assets to comply with the Dodd-Frank Act is among issues taken into consideration as the...
Monday, January 14, 2019   (0 Comments - view/add)
Fed reluctant to open payments system to fintechs »
The Federal Reserve has doubts about the wisdom of opening its payments system to financial-technology startups that are n...
Monday, January 14, 2019   (0 Comments - view/add)
Leveraged-loan market gets breather »
Rising secondary prices have wiped out most losses from December in the leveraged-loan market. An LPC index of heavily tra...
Monday, January 14, 2019   (0 Comments - view/add)
Economists: Odds of US recession highest in 6 years »
A partial shutdown of the US government and trade tensions with China have brought the risk of a US recession to the highe...
Monday, January 14, 2019   (0 Comments - view/add)
Otting deems efficiency, CRA top priorities »
Operating his office more efficiently is a top priority of Comptroller of the Currency Joseph Otting, who also wants chang...
Friday, January 11, 2019   (0 Comments - view/add)
Fed Pays $65.4 Billion to Treasury »
The Federal Reserve System paid $65.4 billion out of its annual net income to the U.S. Treasury in 2018, according to figu...
Friday, January 11, 2019   (0 Comments - view/add)
CFPB Releases Report on 2013 Servicing Rule »
The CFPB also released a major report assessing its 2013 RESPA mortgage servicing rule. The five-year assessment, which, w...
Friday, January 11, 2019   (0 Comments - view/add)
CFPB Issues Analyses of Qualified Mortgage Rule »
The Consumer Financial Protection Bureau yesterday issued its assessment of the ability-to-repay/Qualified Mortgage rule,...
Friday, January 11, 2019   (0 Comments - view/add)
2019 might be the year of the fintech charter »
The Office of the Comptroller of the Currency vows to accept applications for a financial-technology charter despite a cou...
Friday, January 11, 2019   (0 Comments - view/add)
Analysis: Shutdown could hurt US as fintech hub »
The partial US government shutdown has put on hold crucial decision-making for financial-technology firms as regulators th...
Friday, January 11, 2019   (0 Comments - view/add)
US banks see first failure-free year since 2006 »
The six leading US banks are expected to post record-breaking profits worth more than $100 billion combined for 2018, whic...
Thursday, January 10, 2019   (0 Comments - view/add)
Fed Signals It May Slow Pace of Rate Hikes »
The Federal Open Market Committee may slow its future progress on raising interest rates due to rising downside risks -- i...
Thursday, January 10, 2019   (0 Comments - view/add)
Bank Economists Expect Slower Growth in 2019 »
Economic growth will ease to 2.1 percent in 2019 and further moderate to 1.7 percent in 2020, according to the consensus f...
Thursday, January 10, 2019   (0 Comments - view/add)
Issuers of corporate debt take interest in Libor reform »
Many people in financial services have expressed concern that issuers of corporate debt haven't been participating directl...
Thursday, January 10, 2019   (0 Comments - view/add)
Study: 20% of millennials in debt think they'll never pay it off »
More than 60% of millennials in debt don't know when they'll be able to pay off that debt, and about 20% believe they will...
Thursday, January 10, 2019   (0 Comments - view/add)
Banks waive fees for workers affected by shutdown »
Wells Fargo, Capital One, Bank of America and JPMorgan Chase are among the banks waiving fees and late payment charges for...
Wednesday, January 9, 2019   (0 Comments - view/add)
Department of Local Affairs launches Home Modification Tax Credit Program »
The Department of Local Affairs (DOLA) has launched the Home Modification Tax Credit program that is designed to help indi...
Wednesday, January 9, 2019   (0 Comments - view/add)
TILA litigation update »
Hoang v. Bank of America — The Ninth Circuit rules that Washington’s six-year statute of limitations governing contracts,...
Wednesday, January 9, 2019   (0 Comments - view/add)
NCUA litigation update »
American Bankers Association (ABA) v. National Credit Union Administration (NCUA) — NCUA files its opening brief in the D....
Wednesday, January 9, 2019   (0 Comments - view/add)
California Treasurer: Public Cannabis Bank Too Risky for California »
On December 27th California Treasurer John Chiang presented the state’s Cannabis Banking Working Group with the results fr...
Wednesday, January 9, 2019   (0 Comments - view/add)
Expert Identifies Potential Tripwires in New HMDA Rules »
In order to implement the new HMDA rules, the effort must expand beyond compliance personnel to operations, loan officers,...
Wednesday, January 9, 2019   (0 Comments - view/add)
Fed Proposes Rule to Harmonize Company-Run Stress Testing Requirements with S. 2155 »
The Federal Reserve yesterday issued a proposed rule that would make changes to its framework for company-run stress tests...

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