ABA DataBank: Hedge funds becoming more influential in Treasury market | ABA Banking Journal
Fed proposes to modernize mutual bank regulationsThe Federal Reserve proposed a new rule to “modernize” the mutual bank regulatory framework, including changes to expand access to capital and remove. . .
Fed proposes to modernize mutual bank regulationsThe Federal Reserve proposed a new rule to “modernize” the mutual bank regulatory framework, including changes to expand access to capital and remove restrictions on converting to a stock company. ABA has long advocated for updating the framework. Gacki leaving FinCEN for private sector jobFinCEN Director Andrea Gacki will step down from her position to become global head of sanctions at Citi, according to an announcement by the bank. Mortgage rates riseThe rate for a 30-year fixed-rate mortgage was 6. 66% this week. The rate for a 15-year fixed-rate mortgage was 6. 04%. Banking agencies release revised compliance guide for Community Bank Leverage RatioThe Federal Reserve, FDIC and OCC issued a revised compliance guide for the Community Bank Leverage Ratio framework, reflecting changes that took effect in July. BIS: Bad actors have financial edge in using AI for cyberattacksWhile frontier artificial intelligence models strengthen both cyberattacks and cyber defense, the financial costs for both are “asymmetric” and may favor attackers, according to a new bulletin published by the Bank for International Settlements. ABA DataBank: Real GDP growth slowed in 2026 Q2ABA's economic team believes there are risks to growth including elevated interest rates and oil prices. However, strong investment in AI infrastructure and resilient consumer spending provide support to economic activity and the outlook for bank and credit. . .