JPMorgan, Mozilla, Palo Alto and other Glasswing partners have new latitude as Anthropic loosens disclosure rules under congressional pressure.

The Federal Reserve Board on Wednesday published a proposed limited master account framework, marking the next step toward creating another option for firms to access the Fed's payment systems.

Banks are increasing their loan-loss provisions, though they say the additions are just precautionary. Are they really?

The House passed housing legislation that includes a slightly pared-down institutional investor housing ban, as well as a raft of community bank measures.

The White House issued an executive order Tuesday requesting that the Federal Reserve review access to payment accounts for fintechs and digital asset firms.

A Senate Commerce Committee hearing Wednesday underscored the debate over whether the Commodity Futures Trading Commission has the capacity to regulate the rapidly growing prediction markets industry.

Upon receiving a conditional U.S. charter approval, 25-year-old CEO Ferdinand Dabitz is assembling a team of industry experts to build a new kind of bank.

Comptroller of the Currency Jonathan Gould reiterated his pro-preemption stance Wednesday in response to a question on whether he would move to preempt other state laws — like one passed by the state legislature earlier this month in Colorado — if they come to fruition.

The co-author of the landmark Dodd-Frank Act and progressive congressional trailblazer Rep. Barney Frank, D-Mass., has died.

The White House issued an executive order Tuesday directing the Treasury department, bank regulators and the Consumer Financial Protection Bureau to advise banks on "red flags" of informal work arrangements. How agencies implement the order will determine how onerous compliance will ultimately be for banks.

Bank trade groups should be content with the compromise hammered out in the Senate Banking Committee over the stablecoin yield ban in the CLARITY Act. Their push to defeat the bill could leave them worse off in the long run.

The National Credit Union Administration Tuesday submitted a rule to the Office of Management and Budget stating that federal law preempts state laws on interchange, blocking an Illinois statute banning the collection of swipe fees on taxes and tips.

The Federal Financial Institutions Examination Council — whose members include federal bank regulators — issued a proposal Tuesday to overhaul the bank supervisory ratings process, the first such revision in 30 years. The proposal would reduce the weight management grades have on supervisory ratings and would require rating downgrades to be tied to explicit financial risks.

Yotta marketed accounts as FDIC-insured and impossible to lose, then moved $28 million of Californians' money to a Synapse arm its own executives didn't trust.

New bank capital rules have changed the calculus for many banks in the U.S., eliminating many of the barriers that prevented midsize institutions from growing. The result will likely be a rapid spike in mergers.

The Office of the Comptroller of the Currency issued a final rule saying that federal law trumps state mandates on interest in escrow accounts for national banks, wading into an ongoing court battle. 

Recent news reports about the struggles of Blue Owl Capital raise real concerns about opaque private credit firms and the risks they may pose to the broader financial markets. The government needs the tools to gather more information.

Sens. Ed Markey and Ron Wyden argue that the Small Business Administration neglected to warn small firms of the risks of merchant cash advances and closed off a key "escape route" from the resulting debts.

In a move seen to bolster his 2028 presidential run, California Governor Gavin Newsom named Rohit Chopra, the former director of the Consumer Financial Protection Bureau, to lead a new oversight agency; a Pine Bluff, Arkansas, bank employee was sentenced to 36 months in federal prison for bank theft; a Fairfax, Virginia, security administrator has been charged with allegedly stealing more than $6.6 million from his employer; and more in this week's banking news roundup.

Fund managers are seeking to change the way banks think about Community Reinvestment Act investing.