Regulations & Policy
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Jonathan Gould confirmed to lead OCC
Senate Banking Committee Republicans said in a statement they hope Gould “return[s] the OCC to its true purpose of chartering and supervising banks to ensure a safe and sound banking system.”
By Dan Ennis • July 10, 2025 -
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ColumnDive Deposits: Summer is the season of regulator roulette
The sidelining of the CFPB’s top fair-lending official, early-out of a leading Fed supervisor, and President Trump’s gripes toward Jerome Powell have turned July into a game of “start-bench-cut.”
By Dan Ennis • July 9, 2025 -
Explore the Trendline➔
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TrendlineFintech disruption in the banking industry
There are as many schools of thought on how to disrupt the banking space as there are disruptors.
By Banking Dive staff -
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Court denies open banking briefs
A federal judge said “friend of the court” briefs wouldn't be helpful in litigation over the Consumer Financial Protection Bureau’s open banking rule.
By Justin Bachman • July 9, 2025 -
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Planet Hollywood sues Florida bank in alleged PPP fraud
BankUnited forced Planet Hollywood and its affiliated companies to reapply for a PPP loan, for which they lost the opportunity to have at least $4.5 million forgiven.
By Rajashree Chakravarty • July 8, 2025 -
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Fed bans Wyoming ex-banker over charity embezzlement
Kendall Hickman, a former employee of Jonah Bank of Wyoming, embezzled more than $33,000 in funds from a nonprofit organization while working as a part-time bookkeeper.
By Rajashree Chakravarty • July 7, 2025 -
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Warren slams Fed’s proposed tweaks to stress capital buffer
In a public comment, the senator urged the central bank to withdraw a proposal to allow banks to use an average of the past two years’ stress testing losses in the calculation of their buffer.
By Dan Ennis • July 7, 2025 -
Courtesy of Courtesy of Circle
Circle applies for national trust charter
The proposal to create the First National Digital Currency Bank “marks a significant milestone to build an internet financial system,” CEO Jeremy Allaire said. Wise applied for a similar charter in June.
By Rajashree Chakravarty • July 2, 2025 -
Permission granted by Navy Federal Credit Union
CFPB drops $95M overdraft case against Navy Federal
The move is yet another example of the current bureau’s retreat from Biden-era consent orders.
By Rajashree Chakravarty • July 2, 2025 -
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Top US banks boost dividends
JPMorgan and Morgan Stanley announced share repurchase programs. Wells Fargo and Goldman Sachs, meanwhile, will see current stress capital buffers lowered.
By Caitlin Mullen • July 2, 2025 -
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Judge again denies request to slash Ripple’s SEC penalty
The SEC can “change course after an enforcement action is initiated,” the judge wrote last week. “But the parties do not have the authority to agree not to be bound by a court’s final judgment.”
By Dan Ennis • July 2, 2025 -
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StanChart hit with $2.7B lawsuit tied to 1MDB scandal
Liquidators of three 1MDB-related companies claim that Standard Chartered permitted more than 100 intrabank transfers that enabled massive fraud of Malaysia’s sovereign wealth fund.
By Gabrielle Saulsbery • July 1, 2025 -
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NCUA closes 2 credit unions in 2 days
The regulator closed Aldersgate Federal Credit Union and Butler Heritage Federal Credit Union; Aldersgate was placed in conservatorship last month, after operating in an “unsafe and unsound manner.”
By Rajashree Chakravarty • July 1, 2025 -
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Making sense of the ‘crazy quilt’ of financial regulators
Federal banking agency job cuts and a deregulatory push have again stoked conversations around consolidation. Merging agency functions could make sense, but here’s why it’s unlikely to happen.
By Caitlin Mullen • July 1, 2025 -
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Largest banks sail through Fed’s stress test
All 22 banks that participated in the Federal Reserve’s stress test passed, although it was less stringent than past years.
By Rajashree Chakravarty • June 30, 2025 -
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FDIC: ‘Suspected fraud’ contributed to Texas bank failure
The Santa Anna National Bank in Texas was closed by the OCC Friday. The failure could cost the FDIC’s Deposit Insurance Fund an estimated $23.7 million.
By Caitlin Mullen • June 30, 2025 -
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Senate shrinks proposed CFPB cuts in megabill
One week after the Senate parliamentarian struck down efforts to zero out CFPB funding, lawmakers released a scaled-back proposal.
By Gabrielle Saulsbery • June 27, 2025 -
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Banking conferences yet to come in 2025
Gatherings can be idea generators, or crucial chances to network — especially amid an environment where political change can yield previously unexpected possibilities and partnerships.
By Dan Ennis • June 27, 2025 -
Federal Reserve. (2024). [Photo]. Retrieved from Flickr.
Fed proposes 27% cut to tier 1 capital requirements
Changes to the enhanced supplementary leverage ratio would be accompanied by a 5% reduction in total loss absorbing capacity and a 16% drop in long-term debt requirements.
By Dan Ennis • June 26, 2025 -
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Ex-Barclays CEO Staley’s lifetime FCA ban to remain
A U.K. tribunal court Thursday dismissed the former executive's attempt to fight the ban, which came amid revelations of Staley's ties to the late convicted sex offender Jeffrey Epstein.
By Gabrielle Saulsbery • June 26, 2025 -
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Capital requirements, a Fed reno and Trump overshadow Powell hearings
Sen. Elizabeth Warren urged caution on a move to reduce banks’ enhanced supplementary leverage ratio. The Fed chief appeared unflappable, however, in the face of the president’s calls to cut interest rates.
By Dan Ennis • June 25, 2025 -
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CFPB terminates BofA consent order 3 years early
The bureau was to monitor Bank of America for five years in connection with a $12 million penalty it paid for allegedly failing to collect demographic data on mortgage applicants.
By Gabrielle Saulsbery • June 24, 2025 -
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Fed joins OCC, FDIC in scrubbing reputational risk from exams
The central bank said it would replace references to the metric “with more specific discussions of financial risk.” Banks can still use the concept in their own risk management policies, the Fed said.
By Dan Ennis • June 24, 2025 -
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Trump upholds OCC’s expedited bank merger reviews
The president signed a measure nullifying a 2024 OCC rule that Republican lawmakers aimed to curb through the Congressional Review Act, citing “burdensome standards.”
By Dan Ennis • June 23, 2025 -
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Fed, OCC ban 2 bankers apiece
The bankers are former employees of Ally, Santander, Bank of Hawaii and BOKF. The prohibitions come after the regulators say they found instances of embezzlement and misappropriation of funds.
By Rajashree Chakravarty • June 23, 2025 -
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Senate official blocks CFPB defunding in Trump’s megabill
Measures to defund the CFPB, and to reduce salaries at the Fed, fall outside the limits of reconciliation, Senate parliamentarian Elizabeth MacDonough ruled Thursday.
By Gabrielle Saulsbery • June 23, 2025
