Circle’s share price triples in first hour of trading

The stablecoin issuer’s initial public offering is widely seen as a bellwether for the cryptocurrency industry at large. Circle’s stock traded as high as $95.98 midday Thursday, nearly triple its $31-a-share pricing.

Press Release: FDIC Issues List of Banks Examined for CRA Compliance

PRESS RELEASE | JUNE 5, 2025 FDIC Issues List of Banks Examined for CRA Compliance WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA).  The list covers evaluation ratings that the FDIC assigned to institutions in March 2025. […]

Bowman confirmed as top regulator at Fed

The Senate voted to confirm Federal Reserve Gov. Michelle Bowman’s nomination to be the vice chair for supervision at the central bank in a 48-46 party-line vote.

Wells shed its asset cap — but it isn’t clear why

The first-of-its-kind growth restriction established a new precedent for how regulators can address a broken bank culture. With scant information about why the cap was lifted, the action provides little clarity on what Wells did right — or what the Fed did wrong.