NCUA’s power, 1978 law at center of board firing case
At a preliminary injunction hearing seeking to determine whether two sidelined appointees are shielded by removal protections, a federal judge pressed both sides on whether the independent credit union agency exercises executive power.
Demand for SBA loans rises, main program may reach ceiling
The Trump administration’s fiscal 2026 budget carries over 7(a)’s $35 billion funding authority for a fourth consecutive year, even though lending has grown significantly
Bank of America and U.S. Bank ready to join stablecoin party
As the crypto-friendly GENIUS Act winds its way through Congress, executives at some of the nation’s largest banks are showing a newfound enthusiasm for stablecoins.
Coinbase to launch co-branded Amex with crypto rewards
The card, powered by fintech Cardless’ embedded credit card platform, provides up to 4% cash back in bitcoin, and allows customers to service their account directly in the cryptocurrency exchange’s app, similar to the way Apple Card works in Apple Wallet.
What if … the Treasury secretary also ran the Fed?
Reports that the White House is considering naming Treasury Secretary Scott Bessent as the next chair of the Federal Reserve have raised eyebrows and speculation in Washington — especially in an administration with a penchant for assigning cabinet secretaries multiple jobs.
Zero trust: NIST explains how to block hackers from within
A recent federal roadmap helps banks implement a security model where no user or device is trusted automatically — a drastic departure from legacy systems.
What if … the Treasury secretary also ran the Fed?
Reports that the White House is considering naming Treasury Secretary Scott Bessent as the next chair of the Federal Reserve have raised eyebrows and speculation in Washington — especially in an administration with a penchant for assigning cabinet secretaries multiple jobs.
Gardening, travel, bedtime stories: AI beyond the office
Bankers are finding creative uses for generative AI in their personal lives.
Cruz pitches $1.1T cut to Fed bank payments for Trump tax bill
The Texas senator pitched Republican senators on ending the Federal Reserve’s authority to pay interest to banks, claiming it would save $1.1 trillion over a decade.
Where PayPal is placing its bets on agentic payments
New forms of artificial intelligence can take most, if not all, of shopping and checkout out of the hands of humans. Not everybody is going to be comfortable with that, though the payment giant sees travel as a good place to start.