Policy & Regulation

The Consumer Financial Protection Bureau dropped an investigation into Credova Financial, a buy now/pay later lender focused on gun financing and subsidiary of PSQ Holdings, where Donald Trump Jr. serves on the board.

Federal Reserve Gov. Christopher Waller said the private sector and central bank play complementary roles in payment innovation and stressed the need to maintain that collaboration as crypto technologies become more mainstream.

FHFA Director Bill Pulte, a staunch ally of President Donald Trump, wrote a letter to Bondi and DOJ official Ed Martin on Aug. 15 suggesting that Cook may have committed a criminal offense.

Markel O'Neal Calhoun, a former Regions Bank employee, has been barred from ever working in the industry again after embezzling $17,981, according to the Federal Reserve.

Fed Vice Chair for Supervision Michelle Bowman warned that focusing too much on technology risks could make banks lose relevance with customers.

The Federal Deposit Insurance Corp. proposed a rule Tuesday that would allow banks to remove FDIC insurance labels except on initial webpages and no longer require alerts warning customers that non-deposit products are not insured.

As bank regulators work to create a more transparent and effective supervisory process, they should overhaul the process for appealing their rulings to include challenges to enforcement actions.

KC Mathews, executive vice president and chief market strategist at Commerce Trust breaks down the FOMC meeting.

Banks want to reclaim their position as the central node in the customer relationship by charging fintechs and data aggregators for access to permissioned customer data. How the legal questions about this are resolved will be a telling moment for all concerned.

The Consumer Financial Protection Bureau doubles its anticipated rulemaking agenda from last year, even as bureau employees expect mass layoffs.