Appeals court agrees to rehear CFPB union’s case
A federal appeals court agreed to have the full bench rehear arguments by the Consumer Financial Protection Bureau’s union about whether the Trump administration planned to gut the agency through mass firings.
Bipartisan agreement emerges on bank resolution reform
The House Financial Services Committee unanimously passed bills that would give the Federal Deposit Insurance Corp. more options in resolving failed banks, including by waiving the “least-cost resolution” requirement in some circumstances.
Fifth Third-Comerica deal gets green light from OCC
The regulator signed off on the transaction just two months after the banks applied to merge.
Banks get new federal guidance on AI cyber risks
The National Institute of Standards and Technology’s preliminary draft helps banks integrate artificial intelligence into their existing security strategies.
Big bank lobby launches advocacy group
The Financial Services Forum, which represents the largest U.S. banks, formed a new 501(c)(4) advocacy group to amplify big banks’ policy preferences, a move that could counter the crypto industry’s growing political influence.
DOJ wants Fed Chair Powell to weigh in on CFPB funding
The Department of Justice wants Federal Reserve Chair Jerome Powell to state if the central bank is profitable again and can, therefore, fund the Consumer Financial Protection Bureau.
Waller stresses Fed independence ahead of meeting with Trump
Federal Reserve Gov. Christopher Waller said monetary policy must remain insulated from political pressure, arguing that communication with the White House should be limited. Waller is slated to meet with President Trump Wednesday afternoon.
Bankers forecast 2026 upheaval in cybersecurity, regulation
New research from American Banker explores how bankers predict stablecoins, subprime credit, cyber security and other factors will shape the industry at large.
Community banks face growing climate risks with shrinking oversight
Federal regulators’ plan to dial back supervision of community banks is coming at a dangerous time. Rising climate risk creates unique vulnerabilities for small banks that regulators should be tracking.
Crypto trust charter approvals ignite fight over statutory scope
Bank groups, crypto firms and regulators are divided over whether fiduciary digital-asset custody fits naturally within the national trust charter model — or whether, as critics argue, the agency is quietly reinventing the charter.