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Ryan McInerney said Visa's debit volume has remained steady in the U.K., which has had real-time payments since 2008, and it sees the Fed's instant settlement option as a potential ally,
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A resolution calling for the San Francisco-based bank to adopt and disclose a formal policy supporting collective bargaining rights failed to receive a majority of shareholder votes at the company's annual meeting.
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At the two big banks, proposed phaseouts of lending for new fossil-fuel exploration drew less shareholder support on Tuesday than they did a year ago. The results were a blow to activists who want big banks to take stronger action to combat climate change.
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Federal Reserve Vice Chair for Supervision Michael Barr had promised to share findings from his review of the Fed's oversight efforts for the failed bank by May 1.
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Rep. Roger Williams, chairman of the House Small Business Committee, says Small Business Administration is considering allowing borrowers to self-certify eligibility for loans, a step some believe could lead to more fraud. The agency declined to say whether that is one of the changes it's considering.
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The four agencies did not issue new regulatory guidance but instead cited previous concerns about the potentially harmful uses of automated systems — including AI — that could contribute to unlawful discrimination.


















