Trade Associations
Here's a look at documents from national and international trade associations
Featured Stories
Americans Likely to Tighten Their Belts this Holiday Season
NEW YORK, Nov. 12 -- The Conference Board issued the following news release:
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Americans Likely to Tighten Their Belts this Holiday Season
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US Consumers Plan to Spend an Average of $73 Less Than Last Year
According to The Conference Board Holiday Spending Survey, the average US consumer intends to spend $990 on holiday-related purchases in 2025. That's down 6.9% from $1063 in 2024 and close to holiday spending intentions in 2023 ($985), but lower than in 2022 ($1,006) and 2021 ($1,022).
Consumers intend to spend $650 on gifts this year, down 3.9% from $677 last year and the lowest
... Show Full Article
NEW YORK, Nov. 12 -- The Conference Board issued the following news release:
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Americans Likely to Tighten Their Belts this Holiday Season
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US Consumers Plan to Spend an Average of $73 Less Than Last Year
According to The Conference Board Holiday Spending Survey, the average US consumer intends to spend $990 on holiday-related purchases in 2025. That's down 6.9% from $1063 in 2024 and close to holiday spending intentions in 2023 ($985), but lower than in 2022 ($1,006) and 2021 ($1,022).
Consumers intend to spend $650 on gifts this year, down 3.9% from $677 last year and the lowestsince 2022. Meanwhile, budgets for non-gift itemsincluding food, decorations, and wrapping paperare down 12% at $340. After adjusting for inflation, these figures are even lower at $513 for gifts and $268 for non-gift items in constant 2017 dollars, both multi-year lows.
"US consumers remain cautious heading into the holiday season," said Stephanie Guichard, Senior Economist, Global Indicators at The Conference Board. "The Holiday Spending Survey shows Americans will approach gift-giving and celebrations with restraint this season, as several years of relatively high inflation have raised price levels and squeezed consumers' wallets. Once accounting for inflation, planned holiday spending is well below pre-pandemic levels, with younger and wealthier consumers cutting back the most. By contrast, consumers over 65 and those earning under $50K expect to spend more overall in 2025 after cutting last year."
Guichard added: "In order to fit purchases into tighter budgets, consumers' spending decisions will be driven by promotions and getting the most out of every dollar. Overall, suggestions from AI and influencers will play only a marginal role in spending decisions, though younger age groups are more receptive. Consumers also said they are focused on giving their family and friends items they need this year rather than items they want. In addition to seeking promotions, consumers say they are likely to buy fewer goods if the price of imported items is inflated by tariffs. Lastly, just 30% of consumers plan to travel this holiday season, down slightly from 2024."
Among the other key findings in the survey:
Young and wealthy consumers plan to spend less this year
* Consumers under 35 are driving reduced spending on gifts in 2025, while those aged 35 to 45and 55 to 64 are driving the decline in spending on non-gift items.
* Only consumers over 65 are planning to spend more on both gifts and non-gift items this year than last year.
* Consumers earning $75-100K and those earning over $125K plan to reduce holiday spending this year, cutting both gift and non-gift expenses.
* Consumers earning less than $50K are planning to spend a bit more on gifts and non-gift items this year, while those earning $100-125K plan to spend more on gifts but much less on non-gift items.
Despite tariffs, most holiday shopping will be done in Q4 2025
* Most holiday shopping is planned for November, likely to capture Black Friday deals after Thanksgiving. But almost 40% of consumers will continue to shop in December.
* Less than 10% of consumers started their holiday shopping in the first half of 2025, suggesting little evidence of advance purchases ahead of tariffs.
* Consumers over 55 were the least likely to start their holiday shopping early (less than 5%), while those under 35 were the most likely to have done so (almost 17%).
Consumers are budget-conscious and looking for bargains
* Consumers list getting the most out of every dollar and discounts and promotions as the top 2 factors driving their spending decisions in 2025. Likewise, they prefer to give gifts that are needed instead of wanted.
* Suggestions from AI and social media influencers will only play a limited role in spending decisionsaround 5% of consumers named them as top factors. However, that share is roughly double for consumers under 35.
* Consumers below age 35 are also more likely to indulge in small luxuries13.1% vs 9.6% overall.
* If the price of imported goods is inflated by tariffs, then 54% of consumers would respond by looking to buy items on sale, while 37% would buy fewer goods.
Buying gifts online remains widely popular
* 43% of consumers expect to purchase at least half of their gifts online this year, unchanged from 2024. That share jumps to close to 54% for consumers earning over $125K.
* 9% do not plan to buy any gifts online, a tad higher than last year.
Purchasing plans reveal a preference for toys, travel, and gift cards
* Consumers plan to give more toys and games, vacation and travel, and gift cards in 2025 than in 2024. Toys and games jumped from third to first place in 2025 among buying intentions.
* Plans to give beauty products and clothing increased the most over last year.
* Consumers are less likely to give books/music/DVDs, tools and hardware, and sporting goods than last year.
Most consumers plan to stay home or near home for the holidays
* 70% of consumers do not intend to travel for the holidays, compared to 69% last year.
* Almost half of those traveling will be on the roadwhether driving themselves, using ride shares, or taking the bus.
* 45% of consumers who plan to travel during the holidays will travel by plane, up from 43% last year.
About The Conference Board
The Conference Board is the member-driven think tank that delivers Trusted Insights for What's Ahead (r) (r). Founded in 1916, we are a non-partisan, not-for-profit entity holding 501(c)(3) tax-exempt status in the United States. TCB.org
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Original text here: https://www.conference-board.org/topics/economic-data-analysis/press/holiday-spending-2025
American Nurses Association Declares Today a National Nurses Day of Action
SILVER SPRING, Maryland, Nov. 12 [Category: Nursing] -- The American Nurses Association issued the following news release:
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American Nurses Association Declares Today a National Nurses Day of Action
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Today, ANA is urging Congress to pass two federal bills that will safeguard nurses' safety and mental well-being
SILVER SPRING, MD - November 12, 2025 - Today, the American Nurses Association (ANA) announced a National Nurses Day of Action. Representing the interests of the nation's more than 5 million registered nurses, ANA is leading nurses, nursing students and healthcare advocates across
... Show Full Article
SILVER SPRING, Maryland, Nov. 12 [Category: Nursing] -- The American Nurses Association issued the following news release:
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American Nurses Association Declares Today a National Nurses Day of Action
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Today, ANA is urging Congress to pass two federal bills that will safeguard nurses' safety and mental well-being
SILVER SPRING, MD - November 12, 2025 - Today, the American Nurses Association (ANA) announced a National Nurses Day of Action. Representing the interests of the nation's more than 5 million registered nurses, ANA is leading nurses, nursing students and healthcare advocates acrossthe country to petition Congress to take immediate steps to protect the safety, mental health, and well-being of the nation's largest group of healthcare professionalsnurses. Through a variety of coordinated grassroots advocacy efforts, ANA is urging Congress to prioritize passing two essential pieces of legislation:
* The Workplace Violence Prevention for Health Care and Social Service Workers Act ( R. 2531 / S. 1232 ). This bill would require the Occupational Safety and Health Administration (OSHA) to enforce a final rule requiring healthcare employers establish workplace violence prevention standards.
* The Lorna Breen Health Care Provider Protection Reauthorization Act ( H.R. 929 / S. 266 ). Originally enacted in 2022, this bill would ensure nurses would continue to have access to life-saving mental health and substance use disorder resources.
"On this National Nurses Day of Action, we stand united with nurses across the country in calling on Congress to pass two fundamental bills that will protect our profession and defend quality patient care," said Jennifer Mensik Kennedy, PhD, MBA, RN, NEA-BC, FAAN, President of the American Nurses Association. "First, we affirm that 'care goes both ways'. Time and time again we have raised our voices saying no nurse should come to work expecting assault, intimidation or threat merely for doing their job. By extending critical federal mental health support for nurses, we acknowledge that the courage to care is not immune from the burdens of trauma, burnout and moral injury."
Research shows that healthcare professionals face some of the highest rates of workplace violence, and their mental health is worse than any other segment of the U.S. workforce according to the CDC. And unmitigated work environment challenges are the leading reason why nurses are burning out and leaving the profession in unprecedented rates. For this reason, nurses and other healthcare advocates are encouraged to make their presence known on National Nurses Day of Action by engaging with their legislators and showcasing to the public, through social media and other avenues, the dire need to address these priority issues affecting the nursing community.
"Our patients entrust us with their lives it is high time our nation entrusts us with the protection and well-being we so earnestly deliver," said Dr. Mensik Kennedy "Passing these bills into law is not optionalthese decisions are lifesaving. Congress must act now to protect those who dedicate their lives to caring for others."
ANA is offering a free Partner Toolkit providing resources and tools to engage with legislators and amplify advocacy efforts. To learn more about opportunities to engage during National Nurses Day of Action and to access the free toolkit please visit: http://bit.ly/3JiBGZO.
About the American Nurses Association
As the oldest organization representing more than 5 million registered nurses, the American Nurses Association stands at the forefront of advancing nursing excellence. The association harnesses The Power of Nurses(tm) to champion the profession and drive transformation in healthcare. Through legislative and political advocacy, comprehensive educational services, and the profession's leading Code of Ethics and Scope and Standards, the association empowers nurses across every specialty and practice setting. The association is committed to ensuring healthy work environments, shaping pioneering policies, and cultivating partnerships that enhance both the nursing profession and the broader healthcare experience.
MEDIA CONTACT: newsroom@ana.org
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Original text here: https://www.nursingworld.org/news/news-releases/2025/american-nurses-association-declares-today-a-national-nurses-day-of-action/
American Lung Association Launches Free Education and Support Program for Families Facing Rare Lung Disease
WASHINGTON, Nov. 12 [Category: Health Care] -- The American Lung Association posted the following news release:
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American Lung Association Launches Free Education and Support Program for Families Facing Rare Lung Disease
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Today, in honor of Pulmonary Hypertension Awareness Month, the American Lung Association, with support from Merck, launched a new campaign to educate and support people with a rare and life-threatening form of the disease called pulmonary arterial hypertension (PAH).
Each year, about 500-1,000 people in the U.S. are diagnosed with PAH, which is a type of pulmonary
... Show Full Article
WASHINGTON, Nov. 12 [Category: Health Care] -- The American Lung Association posted the following news release:
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American Lung Association Launches Free Education and Support Program for Families Facing Rare Lung Disease
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Today, in honor of Pulmonary Hypertension Awareness Month, the American Lung Association, with support from Merck, launched a new campaign to educate and support people with a rare and life-threatening form of the disease called pulmonary arterial hypertension (PAH).
Each year, about 500-1,000 people in the U.S. are diagnosed with PAH, which is a type of pulmonaryhypertension that causes the tiny arteries in the lungs to become thickened and narrowed. This condition makes it more difficult for blood to flow through the lungs, causing a person's heart to work harder, leading to high blood pressure. PAH is a rare, progressive disorder that is most common in women, ages 30 to 60, however it can occur in any age, including children.
"The symptoms of PAH are nonspecific, and because of that, it often takes a long time before a person receives a diagnosis. This can be an incredibly frustrating and overwhelming time for families," said Harold Wimmer, President and CEO of the American Lung Association. "More education, resources and support for people going through a PAH diagnosis helps relieve the stress of this life-altering diagnosis. Timely treatment is key to improved health outcomes, and this is why this campaign is so important."
There is no cure for PAH; however, numerous treatments are available to control symptoms and improve quality of life. After a PAH diagnosis, a specialist will help customize a treatment management plan that is right for each person. In addition to specialized medications, the plan may include pulmonary rehabilitation and supportive care options. Lifestyle changes, including a modified diet, exercise and quitting smoking, can help minimize symptoms.
The American Lung Association's new free program includes:
* PH Basics: A new free online class to empower people to better understand the disease, new and worsening symptoms, treatment options and the importance of a treatment plan.
* Resources for Kids: New online resources are now available for parents who have a child with unresolved respiratory symptoms or a new PAH diagnosis.
* Lung Helpline: People with questions can call the free Lung HelpLine to connect with nurses and other experts who can provide answers about treatment options, support, accessing financial assistance and other resources.
* Better Breathers Clubs: The American Lung Association's Better Breathers Clubs are nationally recognized support groups that have provided education and support to people living with chronic lung disease and their caregivers for over 50 years. Club members will benefit from the Lung Association's new PAH Better Breathers Club Module, presented by trained facilitators, to strengthen disease management knowledge for those living with PAH. Learn more and join a Better Breathers Club here.
With the right care plan, including specialized medications, pulmonary rehabilitation, lifestyle changes and ongoing support, many people living with PAH can control symptoms and significantly improve their quality of life.
For more information about PAH and available resources, visit Lung.org/pah.
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Original text here: https://www.lung.org/media/press-releases/pulmonary-arterial-hypertension-support-2025
Ag Lenders Signal Cautious Outlook for Farm Profitability in 2025
WASHINGTON, Nov. 12 [Category: Financial Services] -- The American Bankers Association posted the following news release:
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Ag Lenders Signal Cautious Outlook for Farm Profitability in 2025
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ST. LOUIS
Agricultural lenders report signs of tighter conditions in farm profitability and credit quality in 2025, according to a joint survey conducted by the American Bankers Association and the Federal Agricultural Mortgage Corporation, or Farmer Mac (NYSE: AGM and AGM.A). The surveybased on responses from more than 450 agricultural lenders nationwideprovides a comprehensive snapshot of the agricultural
... Show Full Article
WASHINGTON, Nov. 12 [Category: Financial Services] -- The American Bankers Association posted the following news release:
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Ag Lenders Signal Cautious Outlook for Farm Profitability in 2025
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ST. LOUIS
Agricultural lenders report signs of tighter conditions in farm profitability and credit quality in 2025, according to a joint survey conducted by the American Bankers Association and the Federal Agricultural Mortgage Corporation, or Farmer Mac (NYSE: AGM and AGM.A). The surveybased on responses from more than 450 agricultural lenders nationwideprovides a comprehensive snapshot of the agriculturaleconomy and lending conditions. Even with rising pressures, the agriculture sector remains fundamentally strong, and lenders are prepared to meet producers' evolving credit needs.
Most lenders expect producers to remain profitable this year, but fewer than half are projected to stay in the black in 2026the lowest share since 2020, according to the survey report, released today at the ABA Agricultural Bankers Conference in St. Louis. Lenders are most concerned about grain and cotton farms, with nearly 70% saying they're very worried about grain profitabilityup sharply from just 15% two years ago. By contrast, lenders express much less concern about livestock operations, particularly beef and poultry, which continue to benefit from strong demand and high prices.
Despite tighter credit standards, agricultural lenders continue to meet producers' financing needsapproving roughly 84% of loan applications over the past year and expecting to renew nearly 88% of existing loans in the year ahead, the survey found.
"Ag lenders provide a clear window into how economic forces ripple through the farm economy," said Jackson Takach, Farmer Mac's chief economist. "Their insights are especially valuable this year, as we see the combined impact of abundant global grain supplies and shifting trade policies on the profitability and resilience of farmers and ranchers."
"The sentiment among agricultural lenders reflects a cautious outlook as financial pressures build on farm operations," said Ryan Lee, ABA's research and economic policy manager. "Credit quality concerns have intensified, and lenders are preparing for a more challenging year by placing increased focus on underwriting standards and loan terms. Despite these headwinds, lenders remain confident in the sector's long-term strength and are committed to supporting producers through evolving market conditions."
Key findings from the 2025 survey include:
* Profitability Outlook: Only 52% of borrowers are expected to remain profitable in 2025, with that number projected to dip below 50% in 2026the lowest level since 2020. In addition, nearly 93% of lenders expect farm debt to increase over the next year, reflecting tighter working capital and increased reliance on credit.
* Top Lender Concerns for Producers: Farm income and working capital remain the top concerns for lenders, followed closely by inflationary pressures.
* Top Overall Concerns for Lenders: Credit quality and agricultural loan deterioration ranked as the top overall concern for lending institutions in 2025, followed by lender competition and interest rate volatility.
* Credit Quality: While delinquency and charge-off rates remained relatively stable, lenders reported signs of deterioration and expect further declines in credit quality over the next 12 months.
* Loan Demand: Demand for loans secured by farmland and agricultural production loans increased in 2025, with expectations for further growth in 2026.
* Farmland Values: Farmland value growth slowed in 2025, and lenders anticipate a modest decline in national average cropland values over the next year.
* Secondary Market. With liquidity and credit risk topping lenders' concerns for 2025, secondary market programs have become even more vital. Facing tighter margins and higher rates, lenders continue to rely on Farmer Mac to manage balance sheet risk and maintain funding capacity. This year, 77% reported using Farmer Mac for agricultural real estate and USDA-guaranteed loans, up from 67% in 2024reflecting Farmer Mac's fundamental role in sustaining credit access across the agricultural economy.
Lenders also reported continued investment in technology to streamline underwriting and loan servicing. More than half of respondents indicated their institutions implemented digitization efforts in 2025, with a focus on improving credit decisions and loan applications.
The survey highlighted demographic shifts in agriculture, with lenders reporting an uptick in farm retirements and rising family living costs. More than 75% of lenders expect retirements to accelerate in the next 12 months.
"Farmer Mac has long been a crucial ally in helping agricultural bankers serve their customers, and is a valued Premier Partner of ABA," said Ed Elfmann, ABA's senior vice president of agricultural and rural banking policy. "As we head into 2026, many lenders are bracing for credit stress and greater uncertainty across the farm economy. In times like these, Farmer Mac's ability to provide liquidity and tools to manage credit and interest-rate risk becomes even more essential to helping lenders support the farmers and ranchers who keep rural America strong."
About the Survey
Now in its 10th year, the annual ABA and Farmer Mac Agricultural Lender Survey is a joint effort to provide a detailed snapshot of the agricultural economy and lending conditions across the U.S from the unique perspective of ag lenders. The survey was distributed via email between July 14 and Aug. 15, 2025. More than 450 loan officers, managers and executives responded to the questionnaire. Responses represent a range of institutions by size and by geography. The report breaks down results by general agricultural economic insights and by factors affecting lending institutions.
ABA and Farmer Mac have been working together for more than a decade to offer the financial and educational tools bankers need to serve their agricultural customers. The partnership reflects the two organizations' shared commitment to strengthening agricultural finance and supporting rural communities.
To view the full Agricultural Lender Survey Report, please visit aba.com/agsurvey.
About Farmer Mac
Farmer Mac is driven by its mission to increase the accessibility of financing to provide vital liquidity for American agriculture and rural infrastructure. Our secondary market provides liquidity to our nation's agricultural and infrastructure businesses, supporting a vibrant and strong rural America. We offer a wide range of solutions to help meet financial institutions' growth, liquidity, risk management, and capital relief needs across diverse markets, including agriculture, agribusiness, broadband infrastructure, power and utilities, and renewable energy. We are uniquely positioned to facilitate competitive access to financing that fuels growth, innovation, and prosperity in America's rural and agricultural communities.
Farmer Mac Media Contact: Lisa Meyer
Email: lmeyer@farmermac.com
About the American Bankers Association
The American Bankers Association is the voice of the nation's $25 trillion banking industry, which is composed of small, regional and large banks that together employ approximately 2.1 million people, safeguard $19.7 trillion in deposits and extend $13.1 trillion in loans.
In Depth
* Agricultural Banking
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Original text here: https://www.aba.com/about-us/press-room/press-releases/ag-lender-survey-2025
APA Services: Congress Sends the SUPPORT Reauthorization Act to the White House
WASHINGTON, Nov. 12 -- APA Services Inc., a companion professional organization to the American Psychological Association advocating for psychology, issued the following news:
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Congress sends the SUPPORT Reauthorization Act to the White House
SUPPORT Reauthorization Act would expand access to vital mental and behavioral health services
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APA is encouraged by Congress' bipartisan approval of the support Reauthorization Act (H.R. 2483), which passed the House 366-57 and the Senate by unanimous consent, and now heads to the president for signing into law. The broad support for this legislation,
... Show Full Article
WASHINGTON, Nov. 12 -- APA Services Inc., a companion professional organization to the American Psychological Association advocating for psychology, issued the following news:
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Congress sends the SUPPORT Reauthorization Act to the White House
SUPPORT Reauthorization Act would expand access to vital mental and behavioral health services
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APA is encouraged by Congress' bipartisan approval of the support Reauthorization Act (H.R. 2483), which passed the House 366-57 and the Senate by unanimous consent, and now heads to the president for signing into law. The broad support for this legislation,which would strengthen the behavioral health workforce and promote patient access to life-saving mental and behavioral health services, is a clear recognition that no state or community is untouched by the nation's worsening mental health, substance use, and suicide crises.
Enactment of the support Reauthorization Act is a step forward in the nation's effort to avert preventable deaths due to substance use disorders and mental health conditions. The reauthorization of these federal programs must be matched by a commensurate commitment to fund these and other programs. APA Advocacy will continue to make the case for strengthening, not weakening, Medicaid, the single largest payer of behavioral health services in the country. Medicaid plays a key role in addressing the disproportionate impacts of these crises, particularly among our youth, new mothers, and medically underserved communities, including rural areas.
Leadership from Congress to public health agencies and the administration is needed to build on the momentum over the last year in which overdose deaths fell by nearly 30,000 from the year before, a drop of about 27%, according to the CDC. APA stands ready to engage with all key stakeholders to expand access to vital mental and behavioral health services.
For more information, contact Julio C. Abreu.
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Original text here: https://www.apaservices.org/advocacy/news/support-reauthorization-act
[Category: Psychiatry/Psychology]
ABA Welcomes Launch of DOJ Scam Center Strike Force
WASHINGTON, Nov. 12 [Category: Financial Services] -- The American Bankers Association posted the following news release:
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ABA Welcomes Launch of DOJ Scam Center Strike Force
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"ABA welcomes the Justice Department's launch of an interagency Scam Center Strike Force to dismantle Southeast Asian scam centers responsible for defrauding millions of Americans every year. Every day these transnational criminal operations steal hard-earned money from Americans through crypto scams and other financial frauds and pose a threat to national security. The FBI estimates Americans lost more than $16
... Show Full Article
WASHINGTON, Nov. 12 [Category: Financial Services] -- The American Bankers Association posted the following news release:
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ABA Welcomes Launch of DOJ Scam Center Strike Force
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"ABA welcomes the Justice Department's launch of an interagency Scam Center Strike Force to dismantle Southeast Asian scam centers responsible for defrauding millions of Americans every year. Every day these transnational criminal operations steal hard-earned money from Americans through crypto scams and other financial frauds and pose a threat to national security. The FBI estimates Americans lost more than $16billion to fraud and scams last year. By bringing together the relevant federal agencies to respond to this growing threat, the Scam Center Strike Force led by the U.S. Attorney for the District of Columbia can take the fight against international fraud and scams to a new level.
"ABA has long called for a whole-of-government approach to combating the global challenge, and today's announcement marks an important step forward in that effort. We are grateful for the collaboration between the Justice Department and partner agencies including the Office of Foreign Assets Control, the State Department's Bureau for International Narcotics and Law Enforcement Affairs and the United States Secret Service. By working together and using sanctions, seizures, criminal prosecutions and other available tools, the Strike Force can target bad actors operating outside the U.S. as well as individuals and businesses in this country supporting the scammers. ABA and our member banks stand ready to support this effort and work with the Strike Force and other stakeholders to stop these scams, safeguard Americans' financial security and ensure that criminals are held accountable."
Additional Background
* ABA has been a leader in the fight against fraud, including launching the industry-wide consumer education campaigns #BanksNeverAskThat and #PracticeSafeChecks, which have reached millions of Americans with practical fraud prevention tips.
* ABA has also partnered with the U.S. Postal Inspection Service and law enforcement agencies to combat check fraud, which has surged since the pandemic, and launched a free online platform that allows member banks to more easily verify payee information for government checks using the Treasury Department's Treasury Check Verification System.
* In 2025, ABA created an industry-wide Fraud Contact Directory to help make it easier for banks across the country to identify and resolve potential instances of fraud.
* In September, Paul Benda, executive vice president of risk, fraud and cybersecurity at ABA, testified before the House Financial Services Subcommittee on Oversight and Investigations during a hearing focused on fraud and the threat it poses to American families. In his prepared testimony, Benda highlighted the alarming rise in financial fraud targeting American consumers and businesses, emphasizing the need for a coordinated, multi-sector response to combat increasingly sophisticated criminal tactics.
* Paul Benda also hosts the ABA Fraudcast podcast, and the ABA Foundation has other helpful tips for consumers on how to spot fraud and scams including this recent infographic developed with the FBI on deepfake media scams.
About the American Bankers Association
The American Bankers Association is the voice of the nation's $25 trillion banking industry, which is composed of small, regional and large banks that together employ approximately 2.1 million people, safeguard $19.7 trillion in deposits and extend $13.1 trillion in loans.
In Depth
* Fraud
* Cybersecurity
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Original text here: https://www.aba.com/about-us/press-room/press-releases/doj-fraud-task-force-statement
ABA Statement on CFPB's Section 1071 Reproposal
WASHINGTON, Nov. 12 [Category: Financial Services] -- The American Bankers Association posted the following news release:
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ABA Statement on CFPB's Section 1071 Reproposal
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"We applaud the CFPB for addressing serious flaws in its previous Section 1071 rulemaking, which exceeded the Bureau's legal authority and constrained banks' ability to make small business loans that are so essential to economic growth. This is one of many recent regulatory reforms advanced by the CFPB that will unleash America's banks, allowing them to better serve their customers and communities while avoiding excessive
... Show Full Article
WASHINGTON, Nov. 12 [Category: Financial Services] -- The American Bankers Association posted the following news release:
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ABA Statement on CFPB's Section 1071 Reproposal
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"We applaud the CFPB for addressing serious flaws in its previous Section 1071 rulemaking, which exceeded the Bureau's legal authority and constrained banks' ability to make small business loans that are so essential to economic growth. This is one of many recent regulatory reforms advanced by the CFPB that will unleash America's banks, allowing them to better serve their customers and communities while avoiding excessivecompliance costs. While we welcome these important changes to the rulemaking, we also continue to urge Congress to fully repeal Section 1071 so that banks of all sizes can remain focused on providing credit to small businesses."
Additional background:
The CFPB released a final rule in 2023 to implement Section 1071 of the Dodd-Frank Act, which requires financial institutions to report data on small-business lending. ABA joined with the Texas Bankers Association and Rio Bank in challenging the rule in federal court, which resulted in a stay of the mandatory compliance dates for members of the associations pending the outcome of the case. In an interim final rule issued this summer, the CFPB extended the compliance dates one year and committed to revising the rule.
About the American Bankers Association
The American Bankers Association is the voice of the nation's $25 trillion banking industry, which is composed of small, regional and large banks that together employ approximately 2.1 million people, safeguard $19.7 trillion in deposits and extend $13.1 trillion in loans.
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Original text here: https://www.aba.com/about-us/press-room/press-releases/1071-reproposal-statement
AARP Foundation Gives $2 Million to Hunger Relief Organizations Affected by SNAP Disruptions
WASHINGTON, Nov. 12 -- AARP issued the following news release on Nov. 11, 2025:
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AARP Foundation Gives $2 Million to Hunger Relief Organizations Affected by SNAP Disruptions
Funds will go to local organizations supporting older adults in need
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AARP Foundation today announced it will distribute $2 million in funding to hunger relief organizations and food banks to provide urgent relief to older adults at risk of hunger following disruptions to the usual distribution of the Supplemental Nutrition Assistance Program (SNAP). SNAP is the largest anti-hunger program in the United States.
"The
... Show Full Article
WASHINGTON, Nov. 12 -- AARP issued the following news release on Nov. 11, 2025:
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AARP Foundation Gives $2 Million to Hunger Relief Organizations Affected by SNAP Disruptions
Funds will go to local organizations supporting older adults in need
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AARP Foundation today announced it will distribute $2 million in funding to hunger relief organizations and food banks to provide urgent relief to older adults at risk of hunger following disruptions to the usual distribution of the Supplemental Nutrition Assistance Program (SNAP). SNAP is the largest anti-hunger program in the United States.
"Thedisruption in SNAP benefits left tens of millions of people, including 11 million older adults, unsure of how they will cover their next grocery bill," said Claire Casey, President of AARP Foundation. "We immediately launched an emergency campaign with a dollar-for-dollar match, and our donors came through with overwhelming support. Together, we are proud to be able to direct $2 million to frontline organizations providing critical food aid."
AARP Foundation will direct 100 percent of the funds raised to food banks and other hunger relief organizations. The funding was made possible by an emergency fundraising campaign launched in October, which mobilized thousands of individual donors and was amplified by a dollar-for-dollar match provided by AARP Foundation.
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About AARP Foundation
AARP Foundation, a charitable affiliate of AARP, works to strengthen financial resilience for and with older adults by empowering individuals and improving systems. We do this by creating pathways to work, expanding access to financial support, mobilizing volunteer-driven community service, and advancing legal advocacy so that everyone can age with dignity and purpose. To learn more, visit aarpfoundation.org or follow @AARPFoundation on social media.
For further information: Ilse Zuniga, izuniga@aarp.org
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Original text here: https://press.aarp.org/2025-11-11-AARP-Foundation-Gives-2-Million-to-Hunger-Relief-Organizations
[Category: Sociological]
