Trump nominates backers of lower interest rates to Fed

The President's latest Fed nominees want interest rates to go lower, and one is sympathetic to the gold standard and questions whether the Fed should set rates. 

By Robert Freedman • July 3, 2019

ABA, ICBA say overdraft opt-out rule working as intended

Banks are giving consumers a chance to avoid overdraft protection fees, while presidential candidate Corey Booker aims to strengthen curbs even further. 

By Robert Freedman • July 2, 2019

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Top 5 stories from Banking Dive

Since President Donald Trump retook office, bank mergers and acquisitions have jumped considerably. But two of 2025’s biggest acquirers – PNC and Huntington– are choosing markedly diverging paths.

By Banking Dive staff

Lawmakers schedule hearings ahead of Facebook's cryptocurrency launch

The Silicon Valley-based company said Libra, which is scheduled to launch in early 2020, is already backed by dozens of companies — including Uber and Mastercard — to be managed by the independent nonprofit, Calibra.

By Anna Hrushka • July 1, 2019

Trump: US won't impose tariffs on $300B Chinese goods 'for the time being'

China and the U.S. will resume negotiations and avoid a further escalation of the trade war "for at least the time being," Trump said.

By Shefali Kapadia • June 29, 2019

Visa, Currencycloud partner to streamline cross-border payments

Cross-currency wallets and foreign exchange transaction notifications could make tourism spending easier during a trade-war lull.

By Lisa Rowan • June 6, 2019