Newsbytes | ABA Banking Journal https://bankingjournal.aba.com/category/newsbytes/ Thu, 23 Jul 2026 23:55:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.8 ABA, associations release best practices for sharing sensitive data with regulators https://bankingjournal.aba.com/2026/07/aba-associations-release-best-practices-for-sharing-sensitive-data-with-regulators/ Thu, 23 Jul 2026 23:55:15 +0000 https://bankingjournal.aba.com/?p=66776 ABA joined other financial sector associations to release a guide for financial institutions in determining which data shared with federal regulators should be subject to heightened security standards, as the banking agencies recently announced new policies for handling such information.

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]]> Mortgage rates tick up https://bankingjournal.aba.com/2026/07/mortgage-rates-tick-up-4/ Thu, 23 Jul 2026 18:46:44 +0000 https://bankingjournal.aba.com/?p=66760 The rate for a 30-year fixed-rate mortgage was 6.58% this week. The rate for a 15-year fixed-rate mortgage was 5.96%.

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]]> FCC issues warning about bank impersonation scams https://bankingjournal.aba.com/2026/07/fcc-issues-warning-about-bank-impersonation-scams/ Thu, 23 Jul 2026 18:25:45 +0000 https://bankingjournal.aba.com/?p=66754 The Federal Communications Commission has published an advisory warning consumers about bank impersonation scams and offering tips for avoiding them.

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]]> CFPB nominee Johnson pledges to restore accountability at agency https://bankingjournal.aba.com/2026/07/cfpb-nominee-johnson-pledges-to-restore-accountability-at-agency/ Thu, 23 Jul 2026 18:06:27 +0000 https://bankingjournal.aba.com/?p=66750 Brian Johnson, the nominee to lead the CFPB, told lawmakers that he would promote accountability at the agency by ensuring it acts within statutory limits, and that he would keep an “open mind” about the bureau’s staffing.

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]]> Hispanic business group warns Clarity Act will harm local lending https://bankingjournal.aba.com/2026/07/hispanic-business-group-warns-clarity-act-will-harm-local-lending/ Thu, 23 Jul 2026 14:57:01 +0000 https://bankingjournal.aba.com/?p=66743 A market structure bill for digital assets threatens to weaken the financial ecosystem supporting Hispanic-owned businesses by spurring the migration of deposits from federally insured financial institutions to cryptocurrency platforms that don’t offer lending, the U.S. Hispanic Chamber of Commerce said in a letter to Senate leaders.

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]]> FDIC issues relief guidance for Louisiana, Mississippi banks affected by storms https://bankingjournal.aba.com/2026/07/fdic-issues-relief-guidance-for-louisiana-mississippi-banks-affected-by-storms/ Wed, 22 Jul 2026 20:46:44 +0000 https://bankingjournal.aba.com/?p=66740 The FDIC released guidance with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Louisiana and Mississippi affected by severe weather.

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]]> ABA, associations: Updated crypto market structure bill still puts local lending at risk https://bankingjournal.aba.com/2026/07/aba-associations-updated-crypto-market-structure-bill-still-puts-local-lending-at-risk/ Wed, 22 Jul 2026 19:41:12 +0000 https://bankingjournal.aba.com/?p=66732 The latest version of a proposed market structure bill for digital assets still puts at risk the local lending that drives economic activity in the U.S, ABA and five other banking sector associations said in a joint statement.

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]]> Main Street Capital Access Act would extend CDFI bond guarantee program https://bankingjournal.aba.com/2026/07/main-street-capital-access-act-would-extend-cdfi-bond-guarantee-program/ Wed, 22 Jul 2026 19:25:40 +0000 https://bankingjournal.aba.com/?p=66730 A major bank policy bill passed by the House includes language to help smaller community development financial institutions and require annual reports to Congress on the state of the CDFI Fund.

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]]> House Republicans propose whole-of-ecosystem approach to combat fraud, scams https://bankingjournal.aba.com/2026/07/house-republicans-propose-whole-of-ecosystem-approach-to-combat-fraud-scams/ Wed, 22 Jul 2026 19:19:49 +0000 https://bankingjournal.aba.com/?p=66721 Republicans on the House Financial Services Committee published a report calling for a coordinated national strategy to combat financial fraud and scams, saying that scams begin long before a customer contacts their bank and require stronger collaboration across government, financial institutions, technology companies, telecommunications providers, law enforcement and other stakeholders.

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]]> FCC proposes strengthening Robocall Mitigation Database https://bankingjournal.aba.com/2026/07/fcc-proposes-strengthening-robocall-mitigation-database/ Wed, 22 Jul 2026 18:03:16 +0000 https://bankingjournal.aba.com/?p=66717 The FCC voted 3-0 to issue a proposal to strengthen the Robocall Mitigation Database. ABA expressed support for the proposal in a letter sent in advance of the vote.

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