New today - banking trade groups urge Senate Banking leaders to strengthen stablecoin yield guardrails to prevent deposit flight: https://t.co/VFRvvH54eS
As a part of @ABABankers' Teach Children to Save initiative, I enjoyed hosting community bankers from around the country for a discussion on financial literacy here at the @USTreasury.
During our talks, I was glad to hear about their financial education initiatives and to gather their feedback on how Treasury can support their efforts.
Community banks are the backbone of Main Street’s small businesses, and these institutions play an outsized role in enabling financial literacy in communities across America.
Today at #GlobalFraudSummit in Vienna, @BankersPrez announced ABA’s widely used Fraud Contact Directory is now open to international banks, marking a significant expansion of one of the banking industry’s key tools for combating fraud.
Today @BankersPrez joined @RepFrenchHill@RepAndyBarr for a @FinancialCmte fireside chat on their new bill to ease community bank rules. He shared ABAs strong support for right-sizing regulations on these smaller institutions that provide critical support to local communities.
At #ABAAnnual, @BankofAmerica Chair and CEO Brian Moynihan closed his chat with @BankersPrez by recognizing banks of all sizes for being the backbone of American business.
Happening today at #ABAAnnual Convention in Charlotte:
🔹Annual business meeting
🔹Remarks from 2025-2026 chair @ficonnected CEO Kenneth Kelly
🔹#ABAAwards ceremony
🔹ABA experts on stablecoin and fraud
Watch 👇 https://t.co/ONN5ngoF33
Class may be dismissed, but scammers are still doing homework on you.
📲 If you get a text, email, or DM with an urgent message to log in to your bank account?
🚨 It’s not your bank.
Be scam-smart this summer and sharpen your scam IQ 👉 https://t.co/VhTA4CoJWw
#BanksNeverAskThat
It doesn’t take a genius to see that the fastest way to sink the Senate’s GENIUS Act is to add a misguided credit card routing mandate. The crypto community should join #AmericasBanks in opposing any effort to add the Durbin-Marshall bill to the GENIUS Act.
Just released - new letter from financial trades expresses strong opposition to misguided Durbin-Marshall credit card mandate being attached to the GENIUS Act.
Learn more: https://t.co/SYoGwdoXvv
Our deepest thanks to @SecScottBessent of @USTreasury for choosing @ABABankers to deliver his first keynote address about the critical importance that community banks play in the USA!
Further, his views around a commonsense financial regulatory framework that will allow banks of ALL sizes to better serve their customers, client and communities also received grand applause!
icymi, here are his remarks -
Treasury Secretary Scott Bessent Remarks before the American Bankers Association https://t.co/ZRImyd4ewG
“Community banks are a very important part of this ecosystem and play a crucial role in both our local communities and national economy." Eagle Bank & Trust Chair and ABA Vice Chair Cathy Owen testifies at @FinancialCmte@USHouseFSC hearing: https://t.co/JX4WWCo5H3
"We look forward to working with Secretary Bessent and other stakeholders to ensure the CFPB’s work helps – rather than harms – American consumers going forward."
Just released - ABA statement on new @CFPB acting director: https://t.co/CXTfF9JarF
🏦 The American Bankers Association is the united voice of America’s banks.
🔔 Today, we're honored to host a special @NasdaqExchange Opening Bell to kick off the ABA Annual Banking Conference!
🤝 Delighted to be your longstanding partner, @ABABankers. #ABAAnnual