Bankers say tariff uncertainty is the new normal
Following a major Supreme Court ruling on tariffs, which drew a quick response from President Trump, banks and their commercial clients are expecting trade issues to remain in flux for the foreseeable future.
CFPB to get $134M from CashCall as 12-year legal saga ends
The Supreme Court slammed the door on CashCall’s final appeal, cementing a massive win for the Consumer Financial Protection Bureau after a 12-year legal marathon.
OCC finalizes pair of community bank tailoring rules
The Office of the Comptroller of the Currency finalized rules rescinding fair housing data requirements and expanding speedy licensing for banks under $30B in assets as part of Comptroller Jonathan Gould’s push for more risk-based supervision.
War in Iran brings cyber frontline to U.S. banks
U.S. banks are bracing for retaliatory cyberattacks following military strikes in Iran that killed Ayatollah Ali Khamenei.
Small businesses grow less hopeful for future: Fed study
Key measurements of small businesses’ health remained stable in 2025, according to a new study by the 12 regional Federal Reserve banks. But those firms’ optimism about the future reached its lowest point since 2020.
Mastercard, Visa make deals to jolt stablecoins
In separate arrangements, Mastercard is working with SoFi and Visa is working with Bridge to build scale in anticipation of greater demand for the digital asset.
Sen. Scott: Bank legislative package coming ‘shortly’
Senate Banking Committee Chair Tim Scott, R-S.C., told reporters that community banking didn’t fit into the housing package moving forward in the upper chamber, but that he’s in discussions with House leaders and the White House to move a separate financial services package.
How Clearview FCU’s CIO gets employees to use and trust AI
“AI may not take your job, but somebody who knows AI will,” says Raymond George, CIO of Clearview Federal Credit Union.
Housing bill moves forward with institutional housing ban
Sens. Tim Scott, R-S.C., and Elizabeth Warren, D-Mass., released new legislative language Monday night that includes a ban on institutional investors’ purchase of single family homes and a temporary ban on the Federal Reserve issuing a Central Bank Digital Currency.
Fed’s Bowman sets her sights on discount window reform
Federal Reserve Vice Chair for Supervision Michelle Bowman said in a speech Tuesday that the central bank is considering a “fundamental reform” of the discount window, including streamlining rules and processes across the Fed system.