Policy & Regulation

The Dallas-based bank has a growing list of legal and regulatory issues — some of them connected to its role in a U.S. government benefits program, and others not.

The Consumer Financial Protection Bureau has asked a Texas court to halt Comerica Bank's practices.

After hurricanes and strikes stalled job growth in October, the economy added 227,000 jobs in November.

Economic forecasts include the possibility of higher inflation and slower growth that could stall future cuts to the federal fund rates.

The Toronto-based bank suspended its medium-term growth targets and announced a full-scale review of its strategies following historic anti-money-laundering failures.

A federal judge in Texas has blocked the enforcement of the Corporate Transparency Act, a key U.S. anti-money-laundering law that would require companies to report ownership details by January.

Shares of PSQ Holdings nearly quadrupled as Wall Street reacted to the fledgling payment company's appointment.

The order stemmed from a cybersecurity breach in 2022. The Office of the Comptroller of the Currency also lifted the bank's "troubled condition" status.

Federal Reserve Gov. Christopher Waller said the central bank's last framework review was too focused on the post-global financial crisis period and difficult to explain.

The Consumer Financial Protection Bureau has long been a target for conservative ire, but dismantling it would require Congress' cooperation.