BANK NOTES
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Banking can bridge the political divide
Rob Nichols Washington Update April/May 2026 We all recognize the political divisions in this country, and the difficulty in getting Republicans and Democrats to agree on the time of day much less substantive policy issues. But as bankers who attended ABA’s recent Washington Summit in the nation’s capital learned, once you drill down past…
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Why Credit Card Rate Caps Would Reduce Access to Credit for Millions of Americans
In moments of economic pressure, simple solutions can sound appealing—but history reminds us that simplicity does not equal effectiveness. A recent proposal calling for a temporary federal cap on credit card interest rates has reignited a long-standing policy debate with serious implications for consumers, small businesses, and access to credit nationwide. In response, American…