-
New order lets banks use third-party data for customer ID, reducing paperwork for firms, but the idea has divided some in the industry.
June 27 -
The largest U.S. banks took less of a capital hit under the Federal Reserve's hypothetical stress scenario than they did last year, but averaging the two sets of results could impact next year's regulatory requirements.
June 27 -
Time is running out for the 90-day pause on most of President Trump's tariffs. But at least two bank CEOs are confident there won't be a summer sequel to "Liberation Day."
June 27 -
Republicans pulled a $52B foreign bank tax after Bessent says he struck a global pact, easing industry fears.
June 27 -
The Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency are officially open to comments on their reform package for the enhanced supplementary leverage ratio.
June 27 -
The Senate Banking Committee is now proposing to cut the cap by which the Consumer Financial Protection Bureau can request funds from the Federal Reserve to 6.5% of the Federal Reserve's operating budget after its opening bid of 0% was rejected by the Senate parliamentarian.
June 27 -
The two government-sponsored enterprises are repositioning Common Securitization Solutions to align with priorities set by their regulator and President Trump.
June 27 -
For too long, America has taken a back seat to other nations when it comes to stablecoin regulation. Members of the House have the opportunity to rectify that problem by sending the GENIUS Act to President Trump's desk.
June 27 -
Gov. Mike Dunleavy, a Republican, vetoed a bill that would cap consumer loan rates at 36% APR, arguing it would restrict credit access for vulnerable Alaskans.
June 26 -
An error in data submitted to the Consumer Financial Protection Bureau about consumers with no credit record — known as "credit invisibles" — has skewed the agency's reports, showing that the number of Americans without credit histories is half what it was thought to be.
June 26