Why do US bankers want more AI regulation than Europeans?

In the U.S., bankers are used to prescriptive rulemaking, and without it they seem uncertain about how to move forward with AI. Europe tried writing prescriptive AI rules, and they were a disaster. Now nobody knows how to move forward.

Housing bill quietly limps its way into law

The bipartisan housing package, dismissed by President Trump as a “yawn,” takes effect automatically after he declined to sign it in protest over stalled voter ID legislation.

Smallest standalone bank in America fails

The failure of Kentland Federal Savings and Loan, the nation’s smallest standalone bank at $3.7 million of assets, will cause an estimated $1.2 million hit to the deposit insurance fund, according to the Federal Deposit Insurance Corp. Kentland’s failure is the third bank failure in 2026.

Custodia asks Supreme Court to rule on Fed master account

The Wyoming digital asset bank is requesting that the high court review previous decisions granting the central bank ‘unbounded, unreviewable discretion’ in light of its recent Cook and Slaughter rulings. A decision could impact how cryptocurrency intersects with the standard banking system.