The CDFI Fund has yet to announce and disburse awards for five programs, even though applications closed months ago, the lawmakers said in a letter to Office of Management and Budget Director Russell Vought.

Artificial intelligence is helping banks and credit unions reduce friction points in their customer experiences and more, per new research from American Banker.

The legislation would direct the department to assess the federal government's ability to respond to a host of systemic challenges including war, pandemic and financial crisis.

After leaving Wall Street's expectations in the dust, the San Francisco-based fintech dialed up its outlook for the rest of 2025. And as regulators warm to crypto, SoFi sees opportunities for years to come.

The Senate Banking Committee passed a housing package that includes funding for manufactured and other kinds of housing, but also includes an appraisal provision that mortgage bankers oppose.

The company is relying on a boost from initiatives in crypto-related finance, AI-powered payment tech and connections to international digital wallets, though analysts cautioned geopolitics are hindering momentum.