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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.
After the fallout from the Silicon Valley Bank failure, the ABA Washington Summit is one of the most important events to hear from the banking policymakers shaping the response, including Treasury Secretary Janet Yellen and all “big four” in Congress.
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Not just March madness: Rule changes bring new opportunities to connect to customers and new audiences via multiple sports.
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When it comes to retaining top talent, marketers can lead their banks to new purpose-filled frontiers.
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New tools bring new insights to ag lending.
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A guest column in the New York Times claiming credit card points are being paid for by the poor is not supported by the evidence, ABA President and CEO Rob Nichols said in a recent letter to the editor appearing in the newspaper.
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How does a community bank whose bread and butter was mortgage lending make the business sustainable in a time when mortgages have increasingly moved to the nonbank sector?
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In the matter of the Silicon Valley Bank and Signature Bank failures, lawmakers must first gather the facts and determine what allowed both to occur rather than instantly pushing for new regulation, House Financial Services Committee Chairman Patrick McHenry (R-N.C.) said this week at the ABA Washington Summit.
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Federal regulators would provide similar protections for uninsured depositors at smaller banks as they did for Silicon Valley Bank and Signature Bank, if there is evidence the failures of those smaller banks would pose a larger contagion risk, Treasury Secretary Janet Yellen said this week.
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One area where many lawmakers and bankers can come together is in the belief that everyone should be playing by the same rules, whether it be banking, crypto firms or fintech, Senate Banking Committee Chairman Sherrod Brown (D-Ohio) said this week at the ABA Washington Summit.
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In a letter this week, ABA urged the Financial Crimes Enforcement Network to make changes to the form that entities will use to report beneficial ownership information to the registry that FinCEN is creating to store this information.
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To improve the swap lines’ effectiveness in providing U.S. dollar funding, the Federal Reserve and five central banks have agreed to increase the frequency of seven-day maturity operations from weekly to daily, the Fed announced.
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The Department of Housing and Urban Development announced that it will re-codify the 2013 disparate impact rule, saying the rule “is more consistent with how the Fair Housing Act has been applied in the courts and in front of the agency for more than 50 years.”
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