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This ABA Banking Journal newsletter is a free, twice-monthly supplement to the ABA Banking Journal magazine intended to help you stay on top of industry and policy news.
You can also stay abreast of banking news by visiting aba.com/BankingJournal, home to ABA Daily Newsbytes stories, digital exclusives, the ABA Banking Journal Podcast and more.
In his opening remarks at the 2022 ABA Washington Summit, ABA President and CEO Rob Nichols laid out the association’s advocacy priorities and pushed back against some misconceptions about the banking industry that have made their way into policy conversations in recent days.
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Nine in 10 Americans with a bank account say they are “very satisfied” or satisfied” with their primary bank, according to a new ABA/Morning Consult poll released this week at ABA’s Washington Summit.
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For nearly 200 years, Millbury National Bank has stayed independent as a commercially focused community bank in Massachusetts. Part of that independent tradition owes to the bank’s history of multigenerational stewardship.
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Financial counterterrorism expert Juan Zarate discusses what Russia’s invasion of Ukraine and sanctions mean for U.S. banks.
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On this episode of the ABA Banking Journal Podcast, Ohio bank CEO Mike Vynalek discusses his own journey in community bank advocacy and how he’s getting emerging leaders at his bank involved in advocacy.
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A majority of U.S. banking customers say it’s important that banks offer ways to improve their financial health, according to a recent report.
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The House has approved an omnibus appropriations package that includes several banking-related provisions, including ABA-backed legislation that would address “tough legacy” contracts that currently reference Libor.
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ABA wrote to Senate Banking Committee Ranking Member Pat Toomey (R-Pa.) to express support for the Postal Service Reform Act of 2022, a bill that would clarify that the postal service is not authorized to provide banking services.
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During the last year of his service in Congress, Rep. Ed Perlmutter pledged continued work to pass the ABA-advocated SAFE Banking Act. “I will continue to be a real pest,” he said with a smile at ABA’s Washington Summit this week.
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President Biden has signed a long-awaited executive order directing government agencies to take “concrete steps” to advance the use of digital assets, including further exploration of a possible U.S. central bank digital currency, or CBDC.
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In a statement for the record of a Senate Banking Committee hearing, ABA said it will continue to oppose legislative efforts to limit the use of arbitration clauses in private contracts, including S. 505, the Forced Arbitration Injustice Repeal Act that lawmakers are currently considering.
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The House Financial Services Committee will increase its focus on cryptocurrencies, including stablecoins, in 2022, Committee Chairwoman Maxine Waters (D-Calif.) told attendees of the ABA Washington Summit this week.
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