Trump talks housing, affordability at State of the Union
President Donald Trump talked about institutional single family home ownership and housing affordability, as well as inflation, but left credit card rate caps, debanking and even crypto alone at the State of the Union address.
Can Trump fire nearly all CFPB staff? Appeals court isn’t sure
Judges on the U.S. Court of Appeals for the District of Columbia struggled to find a resolution to an injunction issued last year that halted reductions-in-force by the Consumer Financial Protection Bureau.
Crypto.com gets conditional approval for national trust charter
If the company gets final approval, it will be the newest crypto firm to receive a charter in recent months.
Payoneer seeks bank charter for new stablecoin
The payments firm wants to issue a stablecoin called PAYO-USD, joining a wave of digital asset companies seeking federal bank charters.
Wells Fargo taps ex-credit union CEO to lead business banking
Dennis Devine joins the San Francisco-based banking giant after a stint at Chicago-based Alliant Credit Union, which grew rapidly during his four years at the helm.
Cook: AI’s labor impact may take years to measure
Federal Reserve Gov. Lisa Cook said AI could boost productivity, but warned the transition may raise unemployment and force difficult tradeoffs between inflation and jobs.
Superregional banks slip on customer satisfaction: Report
Banks that have more than $50 billion of assets but are smaller than the megabanks scored the lowest on customer satisfaction, according to the American Customer Satisfaction Index’s 2026 finance study. The industry’s overall score remained stable.
Banks close 2025 with strong profits, higher lending
Federal Deposit Insurance Corp. report shows margins widened and profitability remained high even as credit quality saw some wobbles from consumer and commercial loan portfolios.
Press Release: FDIC-Insured Institutions Reported Return on Assets of 1.24 Percent and Net Income of $77.7 Billion in Fourth Quarter 2025
PRESS RELEASE | FEBRUARY 24, 2026 FDIC-Insured Institutions Reported Return on Assets of 1.24 Percent and Net Income of $77.7 Billion in Fourth Quarter 2025 WASHINGTON — The Federal Deposit Insurance Corporation (FDIC) today released the results of its latest Quarterly Banking Profile, a comprehensive summary of financial results based on reports from 4,336 insured […]
Do you know what Gen AI is saying about your bank?
In tests, generative AI models gave different answers to questions about banks, and those answers changed as users added new prompts.