Fannie Mae, Freddie Mac revamp JV as fintech venture
The two government-sponsored enterprises are repositioning Common Securitization Solutions to align with priorities set by their regulator and President Trump.
It’s time for the House to push the GENIUS Act over the finish line
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.
May PCE inflation rises to 2.3%, supports Fed caution
The Federal Reserve’s preferred measure of inflation moved further from its 2% target, underscoring the central bank’s reluctance to cut rates.
The top-performing 20 public banks with under $2B of assets
Community banks that could reel in cheap deposits while keeping a lid on expenses were able to outperform peers in 2024.
Methodology: The top 20 publicly traded banks under $2B of assets
How Capital Performance Group conducted its rankings analysis.
Alaska governor vetoes 36% interest rate cap
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.
Criminal stablecoin use is growing, task force says
Most illegal activity happening on cryptocurrency ledgers now involves the tokens known as stablecoins, according to a report.
How the stablecoin wave affects small banks, credit unions
Fiserv and Metallicus are enabling downmarket development of digital assets. Payment experts say it’s vital to have a plan, but one that doesn’t give into a fear of missing out.
Vibe coding as a productivity tool: What banks should know
The idea of creating software from “vibes” or feelings seems antithetical to the buttoned-up and highly regulated world banks live in. But experts say there’s a place for it.
Credit invisibility is half the problem we thought it was
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.