Trigger leads bill passes in Senate
The House and Senate will need to resolve a slight difference between their versions of the bill before sending it to President Donald Trump for his signature.
Judge rejects CFPB motion to undo redlining settlement
A Trump-appointed judge refused to dismiss a settlement between the Consumer Financial Protection Bureau and a Chicago mortgage lender over lending practices that an appeals court already said violated the Equal Credit Opportunity Act.
US banks should lead the development of tokenized financial products
Blockchain-based tokenized financial products are rapidly advancing into asset classes like private credit and commercial real estate. American banks must lead, before global competitors set the terms.
NCUA’s power, 1978 law at center of board firing case
At a preliminary injunction hearing seeking to determine whether two sidelined appointees are shielded by removal protections, a federal judge pressed both sides on whether the independent credit union agency exercises executive power.
Demand for SBA loans rises, main program may reach ceiling
The Trump administration’s fiscal 2026 budget carries over 7(a)’s $35 billion funding authority for a fourth consecutive year, even though lending has grown significantly
Bank of America and U.S. Bank ready to join stablecoin party
As the crypto-friendly GENIUS Act winds its way through Congress, executives at some of the nation’s largest banks are showing a newfound enthusiasm for stablecoins.
Coinbase to launch co-branded Amex with crypto rewards
The card, powered by fintech Cardless’ embedded credit card platform, provides up to 4% cash back in bitcoin, and allows customers to service their account directly in the cryptocurrency exchange’s app, similar to the way Apple Card works in Apple Wallet.
What if … the Treasury secretary also ran the Fed?
Reports that the White House is considering naming Treasury Secretary Scott Bessent as the next chair of the Federal Reserve have raised eyebrows and speculation in Washington — especially in an administration with a penchant for assigning cabinet secretaries multiple jobs.
Zero trust: NIST explains how to block hackers from within
A recent federal roadmap helps banks implement a security model where no user or device is trusted automatically — a drastic departure from legacy systems.
What if … the Treasury secretary also ran the Fed?
Reports that the White House is considering naming Treasury Secretary Scott Bessent as the next chair of the Federal Reserve have raised eyebrows and speculation in Washington — especially in an administration with a penchant for assigning cabinet secretaries multiple jobs.