PayThink

The Office of the Comptroller of the Currency's decision to remove reputational risk from banks supervision plans means that one of examiners' most effective tools has been stripped away.

The president's rush to weaponize trade policy is going to accelerate efforts by other countries to decrease their reliance on U.S.-based payments processors. That's not in the country's interest.

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.

Automated systems respond poorly when confronted with edge cases and unfamiliar circumstances. But those are exactly the moments when a customer's trust in a bank is either established, or lost forever.

Wise bankers will recognize that as the Trump administration dismantles much of the supervisory structure built up over past decades, regulatory risks are being supplanted by other dangers.

It is past time to rethink how we treat banking organizations in trouble. It is time we work to support institutions in trouble wherever possible, rather than simply punishing the institutions and the public.

Blockchain-based tokenized financial products are rapidly advancing into asset classes like private credit and commercial real estate. American banks must lead, before global competitors set the terms.

Reports that the White House is considering naming Treasury Secretary Scott Bessent as the next chair of the Federal Reserve have raised eyebrows and speculation in Washington — especially in an administration with a penchant for assigning cabinet secretaries multiple jobs.

Small businesses are essential to the ongoing prosperity of the United States, but they are not well served by the country's largest banks. For everyone's sake, that needs to change.

The HUMPS Act, pending in Congress, would take necessary steps to begin putting some guardrails around regulators' assessment of the quality of banks' "management."