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The House Financial Services Committee passed several bills through to the full House that would toughen congressional oversight of the Consumer Financial Protection Bureau.

The Secure and Fair Enforcement (SAFE) Banking Act of 2023, introduced in both the House and Senate would allow regulated banks to work with state-legal cannabis companies.

Pandemic funding cuts may pop up in any of the four big-ticket, must-pass bills Congress will take up this year.

The Texas Bankers Association, a trade group representing Lone Star State bankers, accused the agency of exceeding its authorities in crafting its rule on collecting data about small business lending activity.

Like Visa CEO Ryan McInerney, Mastercard CEO Michael Miebach spent part of his company's earnings call drawing a competitive distinction between the card network and FedNow.

A pair of corporate crises — including the failure of Silicon Valley Bank — has given Senate Banking Committee Chairman Sherrod Brown a timely platform to blame big corporations for putting profits over people as he tries to overcome a Republican tide in Ohio and win his toughest reelection yet.

Apparently thinking he was speaking to Ukrainian President Volodymyr Zelenskiy, Powell is seen in a video broadcast on Russian TV answering questions on topics ranging from the outlook for inflation to the Russian central bank.

A cultural shift at the Federal Reserve aimed at making the supervisory process more transparent may have also contributed to the central bank's failure to detect and remediate excessive risk at Silicon Valley Bank, whose failure last month roiled the banking industry.

At best, artificial intelligence will be a tool that helps good bankers be better at their jobs. It won't replace them.

Financial regulation scholar Mark Flannery said in a new research paper that small banks would be more likely to be negatively impacted.