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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.
Cloud adoption among banks is increasing for many good reasons. But as the Treasury highlighted in a 2023 report, financial institutions face challenges when deploying cloud services.
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Banks are increasingly pushed toward riskier lending strategies outside their immediate markets — heightening the need for strong risk management.
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The U.S. is experiencing a massive demographic shift driven by the aging Baby Boom generation, declining birth rates and shifts in immigration trends. What effect will aging have on the banking outlook? In the season finale of the ABA Banking Journal Podcast, ABA economist JP Rothenberg discusses the economic impacts of America’s aging population.
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Alongside the commercial and consumer markets, institutional banking is one of three strategic pillars of $70 billion-asset UMB Bank. On this episode of the ABA Banking Journal Podcast, UMB’s Phil Mason discusses how institutional banking fits into the business model of the Kansas City, Missouri-based bank and helps extend its footprint coast-to-coast.
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The Federal Reserve recently released data of discount window and Bank Term Funding Program financing that shows how the facilities were used following the failure of Silicon Valley Bank in March 2023. While aggregate data on borrowing from these two facilities has been available since 2023, the new transaction-level data provides a more complete picture.
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In response to the financial market turmoil brought about by the pandemic, the Federal Reserve bought almost $5 trillion in Treasury securities and mortgage-backed securities in an effort to support the economy. But the Fed's quantitative tightening is not the same as quantitative easing in reverse.
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The Senate passed, by unanimous consent, legislation prohibiting credit reporting firms from selling mortgage applicant information to lenders who then barrage those same consumers with unwanted solicitations.
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The Financial Crimes Enforcement Network has temporarily exempted investment advisers from a new rule requiring them to comply with Bank Secrecy Act regulations, saying it intends to propose new rulemaking in the near future.
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The Federal Reserve and FDIC have released the public sections of the resolution plans — also known as “living wills” — for the eight largest and most complex domestic banks and 56 foreign banks. The banks were required to submit resolution plans in July.
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President Trump signed into law a bill that allows the Secretary of Veterans Affairs to take actions to help veterans keep their homes following the recent end of the Veterans Affairs Servicing Purchase Program.
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The Treasury Department should conduct a study of the $2.37 trillion credit union system to determine whether its current activities align with its longstanding tax-exempt status, 52 state bankers associations said in a joint letter to the department.
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The ABA and five financial sector associations this week reiterated their longstanding concerns about the Federal Reserve’s Debit Card Issuer Survey, saying that policy based on the limited information gathered from the survey has had adverse effects on the debit card marketplace.
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A bipartisan group of senators and House lawmakers have introduced a bill to create regulatory “sandboxes” for artificial intelligence test projects at financial regulatory agencies.
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A White House task force has released a report on strategies to strengthen U.S. leadership in digital assets, including policy recommendations for expanding banking access for cryptocurrency activities.
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