Tagged: american bankers association

May 11, 2026 @ 5:21 pm By JD Alois  |  

While the CLARITY Act appears to be on track for a markup hearing before the Senate Banking Committee this Thursday, banking industry representatives continue to complain about the stablecoin yield compromise recently hashed out by various policymakers. In a joint statement last week, banking associations and… Read More

May 5, 2026 @ 8:45 am By JD Alois  |  

The American Bankers Association, Bank Policy Institute, Consumer Bankers Association, Financial Services Forum, and Independent Community Bankers of America issued a shared comment on the language regarding the compromise on stablecoin yield. This is the single biggest hurdle for the passage of the CLARITY Act, crypto… Read More

April 13, 2026 @ 11:19 am By JD Alois  |  

The American Bankers Association (ABA) has issued a statement countering the report by the Council of Economic Advisers, part of the Trump White House, which recently stated that stablecoin yield does no harm to banks but, if banned, harms consumers’ ability to generate value from stablecoin holdings. In… Read More

February 2, 2026 @ 7:57 pm By JD Alois  |  

The American Bankers Association (ABA) has issued a statement on today’s White House Crypto meeting, which brought together crypto and legacy banking representatives in an attempt to reanimate crypto market infrastructure legislation. While crypto firms quickly issued positive statements regarding the gathering, the ABA appears… Read More

December 13, 2024 @ 9:25 am By JD Alois  |  

The Consumer Bankers Association (CBA), American Bankers Association (ABA), America’s Credit Unions, Mississippi Bankers Association, and other individual banks have joined in a lawsuit challenging the final rules issued by the Consumer Financial Protection Bureau impacting overdraft regulations. Yesterday, the CFPB issued rules that manage… Read More

February 13, 2017 @ 1:34 pm By JD Alois  |  

All lending is inevitably moving online. It just makes sense. Online lending can provide a far better and faster experience for consumers and businesses while financial firms can reduce exposure to physical locations ( plus employees) and associated costs. Yet some in the industry are… Read More

July 13, 2016 @ 9:15 pm By JD Alois  |  

  Do Online Lenders Benefit from Regulatory Arbitrage? Yesterday (July 12), the subcommittee on Financial Institutions and Consumer Credit (part of the House Financial Services Committee) hosted an educational hearing on Fintech and Marketplace Lending. The meeting saw the participation of several industry executives including… Read More

July 11, 2016 @ 8:30 am By JD Alois  |  

The House Financial Services Committee, Subcommittee on Financial Institutions and Consumer Credit, has scheduled a hearing on the marketplace lending sector of online lending.  Entitled, Examing the Opportunities and Challenges with Financial Technology (Fintech): The Development of Online Marketplace Lending,” the meeting will take place… Read More