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The Latest Breaking News from the American Bankers Association

Government agency skewered by banking group for stern take on credit card rewards programs

The American Bankers Association argues against Consumer Financial Protection Bureau’s claim that credit card issuers may be using bait-and-switch tactics in their rewards programs

The Independent UK

What to know as the US Mint in Philadelphia prepares to press its final penny

The U.S. Mint in Philadelphia will soon stop circulating its last penny, marking a significant step in the 1-cent coin's demise

The Independent UK

Money Talks

The American Bankers Association has optimized its headquarters for videoconferencing.

AVNetwork

From analysis to the latest developments in health,
read the most diverse news in one place.

Texas judge moves late fee case to DC, accusing banks of venue shopping for favorable ruling

A federal judge in Texas has accused the major banking industry groups and the U.S. Chamber of Commerce of forum shopping in their lawsuit against the Consumer Financial Protection Bureau

The Independent UK

Top Lobby Groups Critique Fatal Flaws in US Bank Capital Overhaul

The US bank capital overhaul proposal is criticized by top lobby groups, who argue that it is fatally flawed. Find out more about their concerns.

Top News

Bankers cheer anti-regulation Republican

The American Bankers Association, whose PAC has donated to Sen. Steve Daines, cheered his defense of rollbacks

Salon

Janet Yellen says the U.S. is ready to protect depositors at small banks if required

The Treasury Secretary said the administration is committed to protecting the U.S. banking system and customers who trust their money to it.

WEKU

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Army of lobbyists helped water down banking regulations

A handful of red-state Democrats were instrumental in helping Republicans secure a rollback of banking regulations sought by then-President Donald Trump in 2018

People

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Consumer Financial Protection Bureau

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