Regulations & Policy


  • A JPMorgan Chase logo stands in front of a building on a city street.
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    JPMorgan rebrands DEI, leaves net-zero group

    The bank said it will swap in “opportunity” for “equity” in its DEI policy and that it left Net-Zero Asset Managers over the group’s operational pause.

    By Lamar Johnson • March 24, 2025
  • 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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    Fed’s Bowman: Let’s rethink negative comment review for bank applications

    Commonwealth Business Bank applied to open a branch in New Jersey last September, but one adverse comment routed the application to the central bank’s board for review and vote, the potential supervision czar said.

    By March 24, 2025
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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
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    Retrieved from OCC.
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    OCC to stop examining for reputational risk

    “The OCC has not and does not make business decisions for banks,” Acting Comptroller Rodney Hood said, adding that future exams will focus on more transparent risk areas.

    By March 21, 2025
  • The Federal Deposit Insurance Corp. headquarters in Washington, D.C.
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    Anna Hrushka/Banking Dive
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    FDIC OIG report underscores attrition, brain drain concerns at regulator

    Skill loss is a key risk as examiners leave the FDIC, “especially those with advanced IT skillsets who examine risks at the most complex banks,” the watchdog’s report said.

    By March 21, 2025
  • Shot of Ripple XRP token
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    Jack Taylor via Getty Images
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    SEC to drop Ripple case

    “I'm heartened that we have paved the way for other industry players to see the value in not backing down ... We are now closing a chapter in crypto history,” CEO Brad Garlinghouse said.

    By March 20, 2025
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    Citi shrinks execs’ bonuses over tech revamp

    Senior leaders were paid just 68% of 2024’s target, the bank said in a proxy filing, citing slower progress on regulatory issues.

    By March 19, 2025
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    Courtesy of Wells Fargo multimedia resources
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    OCC terminates 2021 Wells Fargo consent order, leaving bank with 3

    Regulators have terminated 11 consent orders against Wells since 2019, including five so far this year. The bank's asset cap, however, remains.

    By March 18, 2025
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    Creative via Getty Images
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    Fintech SmartBiz buys Illinois bank

    Initially, the fintech considered obtaining its own charter, but decided it made more sense to find a lender open to acquisition that could complement SmartBiz’s strengths, said CEO Evan Singer.

    By March 18, 2025
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    Trump Organization lawsuit raises questions on Capital One-Discover deal

    Capital One needs three U.S. approvals to proceed with its $35.3 billion purchase of Discover. Could a Trump Organization lawsuit against the bank spell trouble?

    By Justin Bachman • March 18, 2025
  • Michelle Bowman speaks at an April 2024 event
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    (2024). [Photo]. Retrieved from Federal Reserve.
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    Trump nominates Bowman as Fed’s next vice chair for supervision

    The longtime central bank governor often served as a vocal counterpoint during Michael Barr's tenure, on issues such as stress tests, bank merger policy and CRA revisions.

    By March 18, 2025
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    Northern Trust exec: Crypto rule changes may ease tokenization

    Biden-era anti-crypto regulations didn’t just affect volatile digital assets. They also affected firms offering traditional assets, like bonds, on the blockchain.

    By March 17, 2025
  • Fed OKs Renasant, EverBank acquisitions

    The central bank issued two approvals Friday, allowing two Mississippi banks to merge in a $1.2 billion deal, and EverBank to acquire components of Sterling Bank for $261 million. Both deals are set to close April 1.

    By March 17, 2025
  • A JPMorgan Chase logo stands in front of a building on a city street.
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    subman via Getty Images
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    JPMorgan: Women unlikely to reach parity with men for 134 years

    In C-suites worldwide, women are far from attaining equal status, holding only about 10% of the most powerful roles such as CEO and CFO.

    By Jim Tyson • March 17, 2025
  • Consumer Financial Protection Bureau banks regulation
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    CFPB must rehire terminated probationary employees: court

    Workers received no advance notice or performance-based assessments ahead of the dismissals, a judge ruled. A judge in a separate case said he would not prevent CFPB leaders from returning the bureau’s reserve funds.

    By March 14, 2025
  • Webster eyes $100B threshold, invests in hiring and tech

    The Connecticut-based bank aims to hire about 200 people this year, including adding about two dozen technology and cybersecurity employees, Webster’s CIO said.

    By March 14, 2025
  • Consumer Financial Protection Bureau banks regulation
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    Judge in CFPB case ‘leaning’ toward injunction

    Efforts to gut the bureau may still be going forward. A defense attorney, meanwhile, tried to highlight the differences between DOGE’s actions and those of the CFPB’s new leadership.

    By March 12, 2025
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    NYDFS chief details changes spurred by Signature failure

    The regulator implemented new escalation protocols and an operational stress testing exercise to keep a closer eye on the “C students” under its watch, Adrienne Harris said Tuesday.

    By March 12, 2025
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    Q&A

    Pathward CEO: Regulatory scrutiny of BaaS ‘just getting started’

    Regulators will keep BaaS under the microscope, continuing to put pressure on the space and contributing to fewer banks in the space, expects Brett Pharr, the bank’s CEO.

    By March 12, 2025
  • Senator Elizabeth Warren speaks during a legislative hearing, holding her handout to the side. A sign in front of her reads "Ms. Warren."
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    Warren slams Fed over accountability on SVB execs

    On the second anniversary of the bank’s failure, the senator chastised the central bank for failing to complete rulemakings to prevent similar future collapses.

    By March 11, 2025
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    Permission granted by Office of the Comptroller of the Currency
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    OCC shifts gears on crypto

    The interpretive letter issued Friday, advising banks on engaging in certain crypto-asset activities, rescinded Biden-era guidance issued in 2021.

    By March 10, 2025
  • Consumer Financial Protection Bureau banks regulation
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    Anna Moneymaker via Getty Images
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    CFPB raced against impending court order on 1,175 layoffs

    Agency officials prepared a list of targeted firings in the hours before a judge ordered a halt Feb. 14. The CFPB’s chief operating officer is set to testify this week.

    By March 10, 2025
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    Trump Organization accuses ‘woke’ Capital One of de-banking

    The lender de-banked some 300 Trump Organization accounts because it believed “the political tide at the moment favored doing so,” a lawsuit contends. Eric Trump has suggested more big banks may be targeted.

    By March 10, 2025
  • A building is shown with a sign that reads, "Comerica Bank" in the foreground
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    Courtesy of Comerica
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    Comerica urges judge not to give CFPB more time on lawsuit

    The stay requested by the CFPB would prolong the harm Comerica is experiencing due to the “meritless” lawsuit, the bank said.

    By March 7, 2025
  • Tim Scott speaks during a Senate hearing
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    Scott introduces bill to drop ‘reputational risk’ metric

    The Republican senator argues using reputational risk in bank supervision is problematic because it’s not statutorily required, and it represents an improper use of authority.

    By March 7, 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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    McKernan CFPB nod advances to full Senate

    The Senate Banking Committee voted 13-11 along party lines to put the former FDIC board member in charge of the CFPB despite “disqualifying responses” to questions posed by Sen. Elizabeth Warren.

    By March 7, 2025