Regulations & Policy: Page 4


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    Dan Kitwood via Getty Images
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    Maxine Waters walks out of digital asset hearing

    House Democrats’ walkout blocked the hearing from taking place. They cited concerns over the president’s and his family’s ties to digital asset businesses. 

    By May 7, 2025
  • A view of the Marriner S. Eccles Federal Reserve building.
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    Anna Moneymaker via Getty Images
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    Senators re-up bill requiring independent Fed IG

    Sens. Elizabeth Warren, D-MA, and Rick Scott, R-FL, faulted recently retired Fed IG Mark Bialek for failing to address central bank “corruption,” underscoring the need for “structural changes” to the role.

    By May 7, 2025
  • Explore the Trendline
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    Alex Wong via Getty Images
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    Trendline

    Fintech 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
  • Michelle Bowman speaks at an April 2024 event
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    (2024). [Photo]. Retrieved from Federal Reserve.
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    Bowman nod for Fed supervision czar advances to full Senate

    The Senate Banking Committee voted 13-11 along party lines to pass the nomination to the full chamber. A key Democrat reiterated her concerns over Bowman’s stance on tariffs, mergers and climate.

    By May 7, 2025
  • The Credit Suisse logo on a building front
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    Dan Kitwood via Getty Images
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    Credit Suisse pleads guilty to tax crimes, agrees to pay $511M

    The lender now owned by UBS pleaded guilty to conspiring to hide more than $4 billion from the IRS in at least 475 offshore accounts.

    By May 6, 2025
  • Scott Bessent, secretary of the Treasury Department, speaks while gesturing with his hands.
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    Andrew Harnik / Staff via Getty Images
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    Treasury’s Bessent: Private credit surge underscores need for bank deregulation

    “The growth of private credit tells me that the regulated banking system has been too tightly constrained,” Scott Bessent said Monday.

    By May 6, 2025
  • The HSBC sign and logo pictured outside a bank branch.
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    Matt Cardy via Getty Images
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    HSBC pressed on net zero by $1.6 trillion investor group at annual meeting

    Some 30 investors called on the bank to “urgently affirm” its commitment to its climate goals and prioritizing net-zero emissions across its operations.

    By Zoya Mirza • May 6, 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 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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    Kayla Bartkowski via Getty Images
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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
  • 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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    Zowy Voeten via Getty Images
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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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    Dan Kitwood/Getty Images News via Getty Images
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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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    Kent Nishimura / Stringer via Getty Images
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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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    Michael M. Santiago via Getty Images
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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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    Chip Somodevilla via Getty Images
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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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    Anna Moneymaker via Getty Images
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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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    Douglas Rissing via Getty Images
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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