Daily Edition

Trump has until midnight tonight to either sign or veto the housing bill; if he does neither, it automatically becomes law.

As the deadline for President Donald Trump to sign or veto a housing package looms, hanging in the balance is a reciprocal deposit provision that would give small banks more room to compete for large corporate and municipal depositors.

As large wealth managers struggle to retain advisors seeking greater independence, Wells Fargo has taken a distinct approach with its FiNet channel. But is the loss of profit margin worth the retention gains?

On June 30, the SEC asked for public comments on the regulator's proposed amendments to novel ETFs. About a week in, responses tilt to a hard "no thank you."

The move is designed to align the two Utah-based businesses under a single unique name and comes two years after the bank acquired the home lender in 2024.

Federal Reserve Bank of Dallas President Lorie Logan said at an event Thursday that conducting monetary policy actions through a third party would improve efficiency and make markets stronger.

The payment company's PYUSD has launched on Polygon's international digital asset rail as big financial institutions give potential heft to Open Standard's pending OpenUSD.

Federal Reserve Chair Kevin Warsh's five policy review groups will be composed of a broad mix of business leaders, academics and former central bankers, including venture capitalist Marc Andreesen and former Fed Gov. Jeremy Stein.

The banks now let institutional clients mint and redeem Circle's USDC directly, turning them into stablecoin infrastructure providers.

JD Power's closely watched survey of financial advisors' satisfaction with employee and independent brokerages crowned its perennial winners, with one interesting exception.

Seventeen banks, including BNY, Citi, HSBC, Standard Chartered and Wells Fargo, will make tokenized cross-border payments as the messaging network looks to counter threats from digital asset fintechs.

The Federal Reserve ordered TS Banking Group to shore up capital at two of its community banks, one of which is already under an enforcement action from the Office of the Comptroller of the Currency.

Brendan Coughlin, who is widely viewed as the heir apparent to Citizens Financial Group CEO Bruce Van Saun, will now oversee all of the regional bank's lines of businesses.

The Consumer Financial Protection Bureau is preparing to request information from credit-card issuers about their late fees. The renewed interest in late fees is a surprise, given the agency last year sided with the banking industry to kill a Biden-era rule that would have dropped the charges from $32 to $8.

In the year of the country's 250th anniversary celebrations, it's worth looking back at the long road the U.S. dollar took to global dominance, and the lessons we can learn from it.