SEC eyes repeal of rule allowing shareholder proposals
The Securities and Exchange Commission said Rule 14a-8 exceeds its statutory authority and intrudes on matters of state law. Shareholder advocacy groups, however, argue that repealing the rule could reduce transparency.
CFPB director-designate Brian Johnson clears Senate Banking
Brian Johnson’s nomination to lead the Consumer Financial Protection Bureau advanced to the full Senate Thursday morning in a party-line vote.
FDIC Board of Directors Meeting
BOARD MEETING | SEPTEMBER 17, 2026 FDIC Board of Directors Meeting Today, the Federal Deposit Insurance Corporation’s Board of Directors met in open session to consider the following matters. Materials and information relative to the open Board actions are available on the Board Matters webpage. Items Addressed in Open Session: Notice of Proposed Rulemaking: Merger […]
Banks financing the AI build-out should learn from power markets
Lenders fronting the money for massive arrays of AI-friendly semiconductors have no visibility into their actual output. That could change with better reporting standards modeled after the energy industry.
Payment giants battle the fear factor in agentic commerce
Visa and Mastercard have released products designed to manage AI agent risk, and are also working with Ant International on a shared know-your-agent protocol.
What comes next for banks in a post-CLARITY Congress
The failure of a much-anticipated crypto market structure bill Tuesday likely has doomed the effort to pass the bill in this Congress. The next version of the bill could be a double-edged sword for banks.
Warsh: Rising bond yields a sign of strong U.S. economy
Federal Reserve Chair Kevin Warsh framed the central bank’s move to increase interest rates as a moderate adjustment to rapid economic growth during his post-Federal Open Market Committee press conference.
Mortgage lenders need to keep innovating after Fed hike
The market initially showed relief after the initial confirmation of an anticipated inflation-fighting hike but discussion of a future raise renewed concern.
8 financing options for RIA acquirers: A full menu
Megadeals and private equity transactions usually draw the biggest headlines, but potential acquirers can take their pick from any number of possible sources of financing.
Advisors would have another tool to help fraud victims under House-passed bill
A bipartisan bill awaiting a Senate vote aims to reduce tax burdens for financial fraud victims by restoring an expanded personal casualty loss deduction.