NEW YORK - (09/03/04) -- A small group of about 16 lobbyistsdined with California Congressman Ed Royce Wednesday night atBeppe's Italian restaurant, in a tribute to the chief sponsor ofthe credit union regulatory relief bill, known as CURIA. CUNAlobbyist Gary Kohn, who attended the fete, told The Credit UnionJournal that Royce relayed his commitment to working for the bill'spassage in the next Congress. Kohn told Royce that several morelawmakers have pledged to CUNA to add their names to the 65sponsors already signed to CURIA, after this fall's elections.Later in the night, in a nationally televised incident Kohn andMontauk CU President Lou Jimenez got tangled in a vortex of SecretService agents removing a protester from in front of Vice PresidentDick Cheney inside the Convention hall.
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The ICBA opposed Coinbase's filing for a trust charter in a public letter as Comptroller Jonathan Gould defended the fintech charter process on Tuesday.
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After more than a quarter-century as a regulator, Jason Sisack had planned to enjoy some time off before taking a new job. He reversed course once Carver, which is operating under an enforcement action, approached him.
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Comptroller of the Currency Jonathan Gould said Tuesday that chartering compliant fintechs is "the only way" to level the playing field between banks and nonbanks. His comments come as the Office of the Comptroller of the Currency weighs new trust charters and stablecoin rules.
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With the U.K. and U.S. giving a green light to the company's $22.7 billion scale-building deal to buy Worldpay, Global Payments has begun its integration strategy.
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Federal Reserve Vice Chair for Supervision Michelle Bowman said she wants banks to be competitive in the digital assets space, provided those operations are siloed from the traditional finance side of the business.
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Susan Riel, who helped found Eagle Bancorp nearly three decades ago, will step down as CEO in 2026. The bank is embarking on a search for her successor.
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