The Federal Trade Commission (FTC) has announced its final rule on "junk fees," a decision that narrows the scope of the rule to exclude financial services.
The Federal Reserve's Federal Open Market Committee (FOMC) decided on December 18 to reduce the federal funds rate target by 25 basis points, moving it to a range of 4.25 percent to 4.5 percent.
The Association of Military Banks of America (AMBA) and the Veterans Benefits Banking Program (VBBP) have announced a new opportunity for banks to potentially earn Community Reinvestment Act (CRA) credit.
Electronic Payments Coalition Executive Chairman Richard Hunt has criticized the Consumer Financial Protection Bureau (CFPB) for its recent circular on credit card reward programs.
The American Fintech Council (AFC) has expressed strong support for the recommendations put forth in the Bipartisan House Task Force Report on Artificial Intelligence.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey has expressed approval for the inclusion of a farm bill extension and a $10 billion farm aid package in the year-end continuing resolution.
The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), along with incoming Chairman and current Vice Chair French Hill (AR-02), have issued letters to agencies and regulators under the jurisdiction of the committee.
The American Fintech Council (AFC) has announced the addition of two new team members, Ashley Urisman and Denise Lauria, to strengthen its leadership in state advocacy and operations.
The Republic of Ecuador has finalized a $1 billion sovereign debt conversion with Bank of America, marking one of the largest transactions of its kind.
Washington, D.C. – Ranking Member Tim Scott of South Carolina held a meeting with David Sacks, who is set to become President Trump's White House A.I. and Crypto Czar.
Washington, D.C. – Ranking Member Tim Scott (R-S.C.) has shared his thoughts following a meeting with Scott Turner, who has been nominated by President Trump to serve as the U.S. Secretary of Housing and Urban Development (HUD).
Bank of America Corporation has announced that its Board of Directors has approved regular cash dividends for the first quarter of 2025 on several series of preferred stock.
The Independent Community Bankers of America (ICBA) has announced the companies selected for its eighth ICBA ThinkTECH Accelerator program, known as AP8.