Regulations & Policy


  • Federal Reserve Governor Michelle Bowman stands behind a podium and speaks.
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    Federal Reserve. (2024). [Photo]. Retrieved from Flickr.
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    5 takeaways from Michelle Bowman on innovation, de-banking and fighting fraud

    The perhaps-future Federal Reserve vice chair for supervision argued in favor of transparency for crypto, smarter examinations and more responsibility from banks.

    By Feb. 7, 2025
  • An armored Brink's truck is parked in front of Silicon Valley Bank.
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    Justin Sullivan via Getty Images
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    Brink’s subsidiary to pay $42M to settle FinCEN, DOJ claims

    The armored car company will pay FinCEN and the DOJ $42 million over three years following its willful admission to Bank Secrecy Act violations.

    By Feb. 7, 2025
  • An AI processor on a futuristic printed circuit board Explore the Trendline
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    da-kuk via Getty Images
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    Trendline

    Artificial intelligence

    Banks are enthusiastic about AI’s promises. But can they get customers on board, and will regulators let the innovation happen?

    By Banking Dive staff
  • The Federal Reserve building at sunset.
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    Douglas Rissing via Getty Images
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    Fed releases 2025 stress test scenarios

    The stress test, which will include 22 banks compared to last year’s 32, will feature two added hypothetical elements for the Fed’s “exploratory analysis” of the banking system.

    By Feb. 6, 2025
  • Huntington Bank
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    Permission granted by Huntington Bank
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    Ex-Huntington branch manager sues bank, raising FMLA allegations

    Terri Estepp alleged she was fired from Huntington Bank after nearly 28 years because she took FMLA leave to care for her dying daughter. The bank said her termination is unrelated.

    By Feb. 6, 2025
  • The Federal Deposit Insurance Corp. headquarters in Washington, D.C.
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    Anna Hrushka/Banking Dive
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    Concerns mount over FDIC staffing challenges

    A federal hiring freeze and brain drain at the already short-staffed agency could be detrimental for bank examinations and resolutions of failed lenders, lawyers and FDIC veterans said.

    By Feb. 6, 2025
  • Digital Money Transfer
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    dem10 via Getty Images
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    CFPB fines Wise $2.5M over remittance violations

    In one of the bureau's final actions under former Director Rohit Chopra's leadership, the CFPB said Wise misled customers in the U.S. about fees and failed to make other required disclosures.

    By Feb. 5, 2025
  • Sen. Elizabeth Warren (D-MA) speaks during a Senate Banking, Housing, and Urban Affairs committee hearing on January 11, 2024 in Washington, DC.
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    Kent Nishimura via Getty Images
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    Senate panel grapples with who’s to blame for de-banking

    “This shouldn’t be happening, and we need to figure out why and who is responsible,” Sen. Elizabeth Warren, D-MA, said during Wednesday’s hearing examining the impacts of de-banking.

    By Feb. 5, 2025
  • A blue sign with white lettering reads "GM."
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    Mario Tama / Staff via Getty Images
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    GM subsidiary resubmits ILC charter application

    GM Financial withdrew its application in June after a 3½-year wait – perhaps in anticipation of eased regulation under a Trump administration.

    By Feb. 5, 2025
  • cryptocurrency graphic
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    Dan Kitwood via Getty Images
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    Coinbase calls on regulators to clarify crypto-bank rules

    Banks that pursued crypto “were almost universally met with resistance” from the FDIC, the agency’s acting chair, Travis Hill, said Wednesday.

    By Feb. 5, 2025
  • Pedestrians pass by a Wells Fargo bank branch.
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    Michael M. Santiago via Getty Images
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    Fed terminates 2 Wells Fargo consent orders

    Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and five remain, the bank said.

    By Feb. 4, 2025
  • OCC
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    Retrieved from OCC.
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    OCC dings Ohio, Illinois banks on CRA ratings

    The regulator issued “needs to improve” ratings to First Federal Savings & Loan Association of Lorain, Ohio, and United Trust Bank in Palos Heights, Illinois.

    By Feb. 4, 2025
  • CFPB Director Rohit Chopra
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    Kent Nishimura / Stringer via Getty Images
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    Chopra leaves CFPB in widely expected move

    President Donald Trump designated Treasury Secretary Scott Bessent as the bureau’s acting chief, according to a statement posted to the agency’s website.

    By Feb. 3, 2025
  • A close-up shot of President Donald Trump speaking.
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    Joe Raedle via Getty Images
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    What’s coming for the banking industry in 2025

    Banking Dive takes a look at several trend areas — from M&A to regulation — to give its best guess on developments to come this year. But as observers in the ESG sector will tell it, change has been rapid and thorough.

    By Banking Dive staff • Jan. 31, 2025
  • Consumer Financial Protection Bureau Director Rohit Chopra testifies before the Senate Banking, Housing and Urban Affairs Committee April 26, 2022 in Washington, DC.
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    Win McNamee via Getty Images
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    Trump-era CFPB has full plate following Chopra’s flurry of activity

    As Republicans mull unwinding Biden-era CFPB policies, Chopra’s strategy seems to have been “to make that as hard as possible by making the list as long as possible,” said a panelist during a Thursday webinar.

    By Jan. 31, 2025
  • Two business people are signing contract.
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    simarik via Getty Images
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    Deep Dive

    Banking sector girds for M&A uptick in 2025

    Bank M&A rebounded in 2024, with six deals over $1 billion announced. The Fed approved the two largest before the Trump administration took office. But where to go from here?

    By Jan. 31, 2025
  • The Wall Street sign in the Financial District of Lower Manhattan in New York City.
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    hapabapa via Getty Images
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    Why climate alliance memberships are no longer ‘en vogue’ for Wall Street

    Financial institutions have increasingly departed groups like the Net-Zero Banking Alliance and Climate Action 100+, but experts say banks are still committed to sustainability.

    By Zoya Mirza • Jan. 31, 2025
  • Jerome Powell
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    Eugene Gologursky via Getty Images
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    Column

    Dive Deposits: Trump picks the most public moments to knock luminaries

    The president bashed Jerome Powell on inflation less than two hours after the Fed chair announced interest rates would stay put. As Bank of America CEO Brian Moynihan may attest, Trump’s timing is not coincidental.

    By Jan. 30, 2025
  • Sen. Ted Cruz, wearing a blue suit, adjusts his tie while he speaks.
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    Drew Angerer via Getty Images
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    Cruz reignites effort to defund CFPB

    Sen. Ted Cruz, R-TX, introduced a bill (again) to that effect Wednesday, calling the agency “unelected” and “unaccountable” and its regulations “burdensome and harmful.”

    By Jan. 30, 2025
  • A Wells Fargo bank signage is seen on Broadway on December 20, 2022 in New York City.
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    Michael M. Santiago via Getty Images
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    Wells Fargo released from 2022 CFPB consent order

    The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit account services.

    By Jan. 28, 2025
  • CFPB Director Rohit Chopra
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    Kent Nishimura / Stringer via Getty Images
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    Chopra urges regulatory action to confront de-banking

    The CFPB director faulted the lack of transparency around bank decisions to close accounts and said it’s worth exploring what appeal rights customers could be entitled to.

    By Jan. 28, 2025
  • An aerial shot of Wheeling, West Virginia shows buildings, a river and a bridge
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    Jacob Boomsma via Getty Images
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    A nearly $1B bank deal is one approval away

    The FDIC has signed off on WesBanco’s bid to acquire Youngstown, Ohio-based Premier Bank. The merger awaits approval from the Federal Reserve.

    By Jan. 27, 2025
  • Cryptocurrency tokens lying next to a gavel
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    Just_Super via Getty Images
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    Judge deals SEC, Kraken partial wins in ongoing case

    Kraken and the Securities and Exchange Commission both secured partial victories in a ruling about what defenses Kraken can use in the ongoing case between the two.

    By Jan. 27, 2025
  • jamie dimon
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    Win McNamee via Getty Images
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    While Trump’s anti-DEI executive orders pile up, Jamie Dimon doesn’t flinch

    In response to activists’ anti-DEI efforts against his company, the JPMorgan Chase CEO said to “bring them on.”

    By Caroline Colvin • Jan. 27, 2025
  • Rohit Chopra looks just off camera as someone else speaks.
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    Drew Angerer / Staff via Getty Images
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    Deep Dive

    Ousting the CFPB’s Chopra wasn’t a ‘day one’ priority

    The Trump administration has issued dozens of executive orders, but change to banking regulations and agency leaders isn’t going to be quick, analysts say.

    By Jan. 27, 2025
  • Green and white signage on the exterior of a building reads "TD Bank."
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    Spencer Platt / Staff via Getty Images
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    TD names next AML chief

    Jacqueline Sanjuas joined the bank last year, months before the Justice Department made public its investigation into TD’s anti-money laundering issues.

    By Jan. 24, 2025