Treasury picks BNY, Robinhood for Trump accounts rollout
The partnership between the long-established bank and the fintech brokerage will handle the development of the government-owned account platform behind the new government-seeded retirement accounts for children.
The Biden fiduciary rule is officially dead. What comes next?
The Trump DOL has said it “has no current plans” for further rulemaking, but that contradicts its own notice of potential regulation last year.
Mexico is about to leapfrog over the US in real-time payments
Across Latin America, central bank-led instant payment networks have seen enormous growth. The next breakout market is Mexico. If bankers in the U.S. want to see the future of consumer payments, they should look south.
Consumers are watching their wallets
Consumer credit-card balances are down, a sign consumers are pulling back on spending amid rising gas prices and the Iran war.
Rocket leads UWM in 2025 HMDA loan count, trails in volume
United Wholesale Mortgage lost ground to RKT in one category but held onto a healthy lead in another, an analysis of Home Mortgage Disclosure Act data shows.
Sunshine Act Notice: FDIC Board of Directors Meeting
SUNSHINE ACT MEETING NOTICE The FDIC Board of Directors will meet in an open session: Date and Time: Tuesday, April 7, 2026 | 1:00 p.m. ET Place: The Board meeting will be open to public observation by webcast. Members of the media should contact the Office of Communications by Monday, April 6, at MediaRequests@FDIC.gov to attend […]
FCC hits telecom firm that enabled bank impersonation calls
The Federal Communications Commission proposed a $4.5 million fine against Voxbeam Telecommunications, which it accused of facilitating fraud scams. Many of the calls spoofed phone numbers belonging to American banks.
Jobs rebound in March, unemployment at 4.3%
New jobs in health care largely drove the gains, while the federal workforce and finance continued to shrink.
Press Release: FDIC Issues List of Banks Examined for CRA Compliance
PRESS RELEASE | APRIL 3, 2026 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 January 2026. […]
Earned wage access programs are simply not loan products
EWA programs benefit workers across the country, making it more likely that they will be able to avoid high-cost credit products like payday loans. Efforts to restrict them will harm consumers.