Press Release: FDIC Board Approves Proposal to Address Bank Secrecy Act and Sanctions Compliance Standards for FDIC-Supervised Permitted Payment Stablecoin Issuers

PRESS RELEASE | MAY 22, 2026 FDIC Board Approves Proposal to Address Bank Secrecy Act and Sanctions Compliance Standards for FDIC-Supervised Permitted Payment Stablecoin Issuers WASHINGTON—The Federal Deposit Insurance Corporation (FDIC) Board of Directors approved a notice of proposed rulemaking that would implement Bank Secrecy Act (BSA) and sanctions compliance standards applicable to FDIC-supervised permitted […]

Kevin Warsh sworn in as Federal Reserve Chair

President Donald Trump administered Federal Reserve Chair Kevin Warsh’s oath of office in a ceremony Friday morning. Warsh is expected to pursue changes at the central bank, including a push to reduce its $6.7 billion balance sheet.

Banks are again vying for CRE loans as fears subside

Lenders pulled back on commercial real estate loans in 2023, as high interest rates put pressure on property values. They’re now returning to the sector, and the renewed competition is prompting a pricing war.