News

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Federal court blocks CFPB's enforcement of the 1033 financial data sharing rule as it seeks public input to revise the Dodd-Frank Act regulation.

FDIC Acting Chairman Travis Hill testified before the Senate Banking Committee, pledging to focus on material financial risks in agency supervision.

Federal Reserve plans to cut bank supervision staff by 30% by 2026, reducing regulatory workforce to 350 via attrition and incentives. Key Fed update.

Federal appeals court rules Federal Reserve need not grant master accounts to crypto firms, citing risks to the nation's financial system and...

Senator Tillis proposes legislation to limit politically motivated de-banking, setting federal fair access standards for large banks and enhancing...

CFPB rescinds rules requiring nonbanks to report public orders and withdraws a proposed rule on form contract disclosures, citing cost concerns.

National trade groups warn that the proposed 36% cap on credit card fees and interest (S. 2781) could limit credit access and hinder innovation for...

Federal banking agencies have withdrawn the October 2023 Climate-Related Financial Risk Management Principles for large institutions, impacting...

Comptroller Gould outlines OCC’s vision to reduce regulatory overreach, reset risk tolerance, and ease supervision for community banks under $40B...

Senate Banking Committee Chair Tim Scott introduces the STREAMLINE Act to raise Bank Secrecy Act reporting thresholds and adjust for inflation every...

Learn how crypto ATMs, especially Athena Bitcoin, are linked to scams targeting seniors, with undisclosed fees and inadequate fraud protections...