Senate Banking Dems want regulators to delay eSLR

In a letter led by Senator Elizabeth Warren, D-Mass., all Democratic members of the Senate Banking Committee asked Trump-appointed regulators to extend their consideration of public comment on the proposal to reduce a capital requirement on megabanks, citing insufficient rationale for the change and the potential systemic risks the change could introduce

CFPB proposes a rule change to cut nonbank supervision

The Consumer Financial Protection Bureau has proposed reducing supervision of all but the largest nonbanks in four key markets: auto financing, consumer credit reporting, debt collection and international money transfers.

Press Statement: Statement from Acting Chairman Travis Hill on Executive Order Titled “Guaranteeing Fair Banking for All Americans”

PRESS STATEMENT | AUGUST 8, 2025 Statement from Acting Chairman Travis Hill on Executive Order Titled “Guaranteeing Fair Banking for All Americans” The FDIC fully supports President Trump’s Executive Order on politicized or unlawful debanking.  As I’ve said in the past, debanking law-abiding customers is unacceptable and regulators must work to end it.  The FDIC […]

Fulton Financial’s Angela Snyder plans to retire

In this week’s banking news roundup: Fulton Financial’s Angela Snyder announces plans to retire as president of the Lancaster, Pennsylvania-based bank; Columbia Banking System in Tacoma, Washington, finalizes plans for its latest acquisition; Flagstar Financial opens its first private banking office in Florida; and more.