Compliance Risk

State races — including governorships and attorney general contests — are more important for the banking industry as more states pick up consumer enforcement slack and pass aggressive legislation on fees.

With the CLARITY Act stalled in Congress and GENIUS implementation ongoing, experts are questioning how much of a threat the products pose to bank deposits and services.

Commodity Futures Trading Commission Chair Michael Selig said the agency is exploring regulations that would establish clearer rules of the road for crypto exchanges and decentralized finance developers operating in the U.S.

Banks, credit unions and supervisors told the Federal Financial Institutions Examination Council that the legal ambiguity of "material financial risk" in the agency's supervisory rating proposal will create problems for banks and regulators down the road.

In a notice of proposed rulemaking announced Monday, the Treasury Department said it would extend GENIUS Act liability to exchanges, but raises new compliance questions for foreign-issued stablecoins.

JPMorgan Chase reportedly dropped prediction market firm Polymarket as a client over regulatory concerns last October, according to new reporting from the Financial Times.

In a letter to the Federal Reserve and Office of the Comptroller of the Currency, Sen. Elizabeth Warren, D-Mass., questioned the decision to allow a Texas bank to change charters while under a cease-and-desist order related to money-laundering controls.

A proposal issued last week by the Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. could lead banks to limit grants they give to nonprofits in exchange for Community Reinvestment Act credit.

The Federal Deposit Insurance Corp. announced the launch of its Office of Supervisory appeals, which will be helmed by a panel of three officials with combined supervisory and banking experience and will review bank-led appeals of supervisory findings.

The Treasury's financial crime prevention arm said the Swiss firm's U.S. brokerage wing largely ignored a 2018 consent order to clean up its anti-money-laundering processes, leading to the historic settlement announced early in August.

The Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency issued a joint notice of proposed rulemaking for the Community Reinvestment Act that would tailor requirements for smaller institutions and monitor which groups receive community development grants.

The Federal Reserve is mulling changes to its Regulation O that would allow executives, board members and major shareholders to borrow more from their own banks.

The Securities and Exchange Commission agreed to pay $150,000 to crypto exchange Coinbase to settle a Freedom of Information Act lawsuit filed by the company two years earlier.

Brian Johnson, President Trump's nominee to lead the Consumer Financial Protection Bureau, navigated a somewhat contentious Senate Banking Committee hearing dominated by Democratic opposition but without giving away specific plans he has for the agency.

A Securities and Exchange Commission proposal to change reporting requirements for public companies has drawn mixed reactions, with some groups warning that reduced transparency could harm markets.

The Senate Banking Committee will hold a hearing Thursday on whether to confirm Brian Johnson, a former Capital One executive and deputy director of the Consumer Financial Protection Bureau in Trump's first term to lead the agency permanently.

Draft cryptocurrency market structure legislation published Wednesday includes an ethics agreement that falls short of what Senate Democrats want and stablecoin yield language that banks have already disavowed.

The Federal Reserve is rethinking the size and scope of its holdings. Academics and industry analysts alike say liquidity reforms will be key to the process.

Small Business Bank in Kansas failed on Friday, the second failure in a week and the fourth failure overall in 2026.

Russell Vought, the acting director of the Consumer Financial Protection Bureau, will testify Wednesday before the Housing Financial Services Committee, three weeks before his tenure as acting director ends.