On August 7, 2025, the White House issued an executive order titled “Guaranteeing Fair Banking for All Americans” that aims to eliminate politicized or unlawful debanking. Source link Read more »
The US Senate Banking Committee released a discussion draft of the Responsible Financial Innovation Act (RFIA) of 2025, an updated version of a prior Senate crypto market structure bill. Source link Read more »
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The Federal Reserve Board (FRB), Federal Deposit Insurance Corporation (FDIC), National Credit Union Administration, and Office of the Comptroller of the Currency (OCC) (collectively, Agencies), in concurrence with the Financial Crimes Enforcement... Read more »
The Office of the Comptroller of the Currency, Board of Governors of the Federal Reserve System (FRB), and Federal Deposit Insurance Corporation (collectively, Agencies) issued a notice of proposed rulemaking (Proposed Rule)... Read more »
A Kentucky district court has stayed litigation challenging the small business lending data collection rule issued by the Consumer Financial Protection Bureau (CFPB) as mandated by the amendment of the Equal Credit... Read more »
The Consumer Financial Protection Bureau issued a consent order against VyStar Credit Union for engaging in unfair acts and practices in violation of the Consumer Financial Protection Act in its failed transition... Read more »
DAC Beachcroft’s Commercial Technology team successfully advised CoBa Technology on a deal with Lloyds Banking Group to offer next-level digital solutions to commercial banking clients. Tim Ryan, Partner, and head of the... Read more »
Workers at two branches are expected to hold elections to decide whether to unionize Source link Reach Out Don’t hesitate to reach out to us to discuss your specific needs. Our team... Read more »
The FDIC has proposed revised regulations implementing Section 19 of the Federal Deposit Insurance Act. Section 19 generally prohibits individuals convicted of certain offenses from participating in the affairs of an FDIC-insured... Read more »