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In a letter to Federal Reserve Chair Jerome Powell, Sen. Elizabeth Warren called on the Fed to impose penalties and sanctions on leaders of the failed bank.

New research on the failures of Silicon Valley Bank and other regional banks in 2023 points to cyclicality of venture capital and the volatility of crypto as bigger factors than uninsured deposits or unrealized losses.

A joint venture between the military-focused Palantir and investment conglomerate TWG will sell cybersecurity protection to financial institutions that are wary about the safety of artificial intelligence.

Utah is the latest state to push a pro-industry EWA bill. If signed, it would mark the sixth state with legislation specific to the budding cash-flow product.

CEO George Gresham has left the struggling fintech, which will now explore potential strategic alternatives.

The 10-year-old lender, which reported a double-digit jump in profits, is benefiting from what its CEO called "animal spirits" at work on this side of the Atlantic.

President Trump and Elon Musk probably would not have put Rohit Chopra and his CFPB on their hit list had he run it with common sense, balancing the interests of both the financial industry and their consumers. An independent and consolidated federal consumer financial protection agency is needed, but only if a fair-minded leader runs it.

Among the resignations are Mark McArdle, who was instrumental in creating the Qualified Mortgage rule, and Operations Chief of Supervision David Bleicken. It is unclear if the Consumer Financial Protection Bureau will hire anyone to succeed them.

The Trump administration's attack on diversity, equity and inclusion programs raises the question: Will big banks continue their support of minority depository institutions?

The Office of the Comptroller of the Currency reversed policies on crypto banking, withdrawing its guidance on custody, stablecoin reserves and risk management requirements.