Trump’s fixation on removing Powell ignores real risks
President Trump and his lieutenants have been bullying Federal Reserve Chair Jerome Powell for months over the Fed’s reluctance to lower interest rates. But even if that campaign is successful, the president may not really get what he wants.
U.S. Bank begins testing a blockchain for trade finance
The Minneapolis-based bank worked with WaveBL and ICICI Bank to handle an export shipment with fully digital documents via blockchain technology.
FDIC proposes indexing thresholds, rescinds Biden ILC rule
The agency unveiled several deregulatory measures at a Tuesday board meeting, including a measure to tie regulatory thresholds to inflation, one creating a supervisory appeals office that reports to the board and withdrawal of a Biden-era rule on industrial loan companies.
Regulators terminate actions against Texas banks
The Federal Reserve and Office of the Comptroller of the Currency terminated enforcement orders against Industry Bancshares and its subsidiaries. The banks were considered prime examples of interest rate risk management gone awry.
JPMorganChase on acquisitions: Maybe, but probably not
As the $4.6 trillion-asset bank looks to deploy its excess capital, investing in growth is the top priority. But there aren’t many tempting acquisition opportunities for the megabank right now, CEO Jamie Dimon said Tuesday.
Republicans gear up for Dodd-Frank rollback
House Financial Services Committee Chairman French Hill promised to begin combing through Dodd-Frank to find areas for deregulation, while the panel’s ranking member made it clear that Democrats would fight for the Consumer Financial Protection Bureau.
Tariff angst ‘puts everyone on their back foot’: Flushing Bank CEO
John Buran shares how his New York bank and its small business customers are faring with tariff uncertainty — and how some have quickly changed suppliers and modified business plans — in the latest American Banker podcast.
FDIC Board of Directors Meeting
BOARD MEETING | JULY 15, 2025 FDIC Board of Directors Meeting Today, the Federal Deposit Insurance Corporation’s Board of Directors met in open and closed sessions. Materials and information relative to the open Board actions are available on the Board Matters webpage. Items addressed in Open Session: Notice regarding Proposed Amendments to FDIC Guidelines for […]
How FV Bank is preparing for a wave of stablecoins
Miles Paschini, CEO of blockchain specialist FV Bank in Puerto Rico, says he expects a ton of new stablecoins. Here’s why he’s not worried about getting buried in a mountain of crypto.
The retail branch is a key platform in banking’s digital age
The modern bank branch is not a museum piece. It is a platform. And in the hands of forward-thinking leaders, it is ready to lead the next era of the banking industry’s evolution.