Regulations & Policy: Page 4


  • The entrance to the Consumer Financial Protection Bureau headquarters is seen, with the bureau's logo on a glass door.
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    CFPB agrees to dismiss appeal in UDAAP lawsuit

    The CFPB and seven trade groups filed paperwork in the Fifth Circuit to end litigation related to an update the agency made to its exam manual in 2022.

    By May 5, 2025
  • CFPB Russell Vought
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    CFPB says it won’t enforce small-biz data collection rule

    The bureau cited resource constraints and fairness, adding that it would focus on “pressing threats.” One opponent said the CFPB “can't simply gut rules by press releases on its whim.”

    By May 2, 2025
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    Trendline

    The Banking Dive Outlook on 2022

    Some narratives in 2022, such as office returns, will seem like a logical progression from the year before. Others, such as the regulatory sphere and shift toward smaller M&A, may mark a big shift from the previous 12 months.

    By Banking Dive staff
  • A close-up photo of Todd Harper, who served as chair of the National Credit Union Administration board.
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    Kevin Dietsch / Staff via Getty Images
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    NCUA’s Harper: Firings laying groundwork for Fed dismissals

    “I think they’re chipping away, so that they can get to the Federal Reserve Board,” the former NCUA chair said Thursday of his and a fellow board member’s dismissal by the Trump administration.

    By May 2, 2025
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    Column

    Dive Deposits: 4 reminders that it’s not 2022 anymore

    The closure of Citi’s we-hardly-knew-ye office in Málaga, Spain – combined with moves to preserve overdraft fees and toughen in-office requirements – make it clear that if 2025 threw a party, 2022 would not be invited.

    By May 1, 2025
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    Relaxed regulatory oversight spurs bank-crypto activity

    Since January, federal bank regulators have done an about-face on crypto guidance, inspiring banks to explore the space.

    By April 30, 2025
  • Rohit Chopra is seated in front of a microphone as Elizabeth Warren walks behind him during a Congressional hearing.
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    Warren, Chopra warn of ‘real price to pay’ on DOGE

    The former CFPB director pointed to a rise in uninsured deposits amid recent market turmoil.

    By April 29, 2025
  • The entrance to the Consumer Financial Protection Bureau headquarters is seen, with the bureau's logo on a glass door.
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    Anna Moneymaker / Staff via Getty Images
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    Appeals court backs injunction barring CFPB mass firing

    The bureau’s 1,483-person reduction will remain halted through May 16. A three-judge panel walked back language concerning “particularized assessments” of employees’ necessity. One judge dissented.

    By April 29, 2025
  • Pedestrians pass by a Wells Fargo bank branch.
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    Wells Fargo clears 12th consent order; 2 remain

    The 2018 consent order the CFPB lifted is the bank’s sixth to be resolved this year. The two remaining include the Federal Reserve’s asset cap. 

    By April 28, 2025
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    Chris McGrath via Getty Images
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    Nexo reenters US market

    Co-founder Antoni Trenchev credited the regulatory shift under Trump for the firm’s reemergence in the U.S. Nexo’s exit was preceded by failed regulatory talks and followed by a $45 million SEC fine.

    By April 28, 2025
  • This image depicts the podcast series cover image for Arcesium's Banking Dive series, "Comply to Compete: Better Banking Data Management Through 2025’s M&A Integrations"
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    Anne Callahan/Banking Dive
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    Sponsored by Arcesium

    [Podcast] Comply to Compete: Better Banking Data Management Through 2025’s M&A Integrations

    M&A is surging—are banks ready for the compliance challenges? Tune in to Arcesium’s podcast for expert insights.

    By Banking Dive's studioID • April 28, 2025
  • Senator Elizabeth Warren holds out her hand as she speaks. In front of her a placard reads "Ms. Warren."
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    Michael A. McCoy / Stringer via Getty Images
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    Warren grills FDIC’s Hill over DOGE incursion

    Four senators argued DOGE’s presence could threaten the $137 billion Deposit Insurance Fund, potentially undermining the FDIC's ability to oversee orderly bank resolutions.

    By April 25, 2025
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    Dan Kitwood via Getty Images
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    Fed joins FDIC, OCC in withdrawing crypto-skeptical guidance

    The guidance withdrawals “ensure the Board's expectations remain aligned with evolving risks and further support innovation in the banking system,” the Federal Reserve said Thursday.

    By April 25, 2025
  • People rally outside the Consumer Financial Protection Bureau office holding signs that say "Save the civil service, save the country!" and "The CFPB fights for you," and "Solidarity."
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    Alex Wong / Staff via Getty Images
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    CFPB workers’ union rebuts bureau’s job-cut justification

    Evidence indicates the bureau didn’t conduct a court-required assessment before attempting to cut about 90% of its staff, and the layoffs would have left CFPB data “irreparably lost,” plaintiffs said.

    By April 24, 2025
  • Jerome Powell
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    Trump backs off his push to fire Fed’s Powell

    Less than a week after saying the Federal Reserve chair’s “termination cannot come fast enough,” the president said Tuesday he has “no intention” of ousting the central bank chief.

    By April 23, 2025
  • Consumer Financial Protection Bureau banks regulation
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    CFPB defends analysis behind 90% job cuts

    A 200-person workforce would allow the bureau to fulfill statutory obligations “and better aligns with the new leadership’s priorities and management philosophy,” attorneys for the agency said.

    By April 22, 2025
  • The Federal Deposit Insurance Corp. headquarters in Washington, D.C.
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    Anna Hrushka/Banking Dive
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    FDIC scraps some large bank living will requirements

    Instead of requiring a bridge bank strategy, the FDIC wants large banks to describe one or more potential resolution strategies the regulator could execute, it said Friday.

    By April 21, 2025
  • The Federal Reserve building at sunset.
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    Fed proposes stress-test makeover

    The central bank’s proposed changes would reduce year-over-year fluctuations in capital requirements. The regulator also plans to announce further tweaks – around transparency – later this year.

    By April 18, 2025
  • A sign above an ATM at a Capital One Café on February 19, 2024, in Miami, Florida.
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    Joe Raedle / Staff via Getty Images
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    Capital One-Discover deal gets nod from Fed, OCC

    Regulators, however, handed Discover several consent orders. Most notably, the FDIC ordered the company to distribute $1.225 billion in restitution to customers overcharged between 2007 and 2023.

    By April 18, 2025
  • Consumer Financial Protection Bureau banks
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    Kayla Bartkowski via Getty Images
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    Judge again halts CFPB’s 1,500 layoffs

    The bureau sent reduction-in-force notices to roughly 90% of its staff Thursday, with plans to cut off terminated employees’ access to CFPB systems at 6 p.m. Friday. A judge intervened.

    By April 18, 2025
  • President Donald Trump speaks in the Oval Office of the White House on April 7, 2025.
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    Kevin Dietsch via Getty Images
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    Trump fires NCUA board’s 2 Democrats

    The removal of Todd Harper and Tanya Otsuka may put other regulators at risk, including Fed Chair Jerome Powell, whose termination, the president said Thursday, “cannot come soon enough.”

    By April 17, 2025
  • The entrance to the Consumer Financial Protection Bureau headquarters is seen, with the bureau's logo on a glass door.
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    Anna Moneymaker / Staff via Getty Images
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    CFPB shifts focus away from nonbanks, fair lending cases

    An 11-point memo directs the agency’s staff to bring redress directly to affected consumers, “rather than imposing penalties on companies in order to simply fill the Bureau’s penalty fund,” the CFPB’s legal chief wrote.

    By April 17, 2025
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    Retrieved from OCC.
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    OCC takes stock of breach as some banks limit info sharing

    JPMorgan Chase has stopped sharing information electronically with the agency, a source told Banking Dive. BNY and Bank of America have reportedly done likewise.

    By April 16, 2025
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    CFPB’s Vought wants to strip away ‘guidance’ en masse

    The bureau’s acting director said the Biden administration used guidance as a substitute for formal regulation and gave eight CFPB offices two weeks to save any previous guidance they deem necessary.

    By April 15, 2025
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    Edward Jones resubmits ILC charter application

    The investment firm originally sought a charter in 2020, but abandoned its efforts in 2022. It still plans to move forward with its retail banking partnership with U.S. Bank this year.

    By April 15, 2025
  • People walk past a Bank of America branch on a city street.
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    Bank of America ordered to pay FDIC $540M in risk lawsuit

    A judge’s decision, made public Monday, marks the latest development in a yearslong legal fight between the bank and the regulatory agency over the unpaid deposit insurance assessments.

    By April 15, 2025