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Deputy Treasury Secretary Michael Faulkender says Basel capital rules need to fit the U.S. economy and avoid discouraging banks from lending.

Pursuant to an executive order on "overcriminalization," the OCC said it will revise its guidance for referring regulatory offenses to the Department of Justice for criminal prosecution and will publish a review of criminally enforceable regulations by May 2026.

The credit bureau is working with Plaid to provide lenders with current and predictive cash-flow data for consumers that don't have an extensive credit record.

The removal of the Consumer Financial Protection Bureau as a viable regulator has thrown the doors open to the kind of unscrupulous behavior that triggered the last major financial crisis.

Federal Reserve Chair Jerome Powell said the changes could touch the central bank's quarterly economic forecasts. He also discussed downsizing at the Fed and his tenure on the board of governors.

A group of more than 50 bipartisan financial experts, including former Fed Chairs Ben Bernanke and Janet Yellen, said that effectively eliminating the Office of Financial Research and weakening the Financial Stability Oversight Council would have devastating effects for the financial system.

The scheme used fake bank reps, social engineering and crypto to loot U.S. accounts across borders, according to the agency's Office of Inspector General.

The banking giant's JPMD sounds like a stablecoin, but it isn't exactly the same thing. Here's why that matters.

Under the bank's current system, individual managers have the freedom to set their own in-office staffing rules based on their business requirements.