Warren, Warsh spar over Bowman’s appearance at private dinner

Fed Chair Kevin Warsh said he supports an inspector general’s investigation of Fed Gov. Michelle Bowman’s reported appearance at a private dinner hosted by Bank of America during a Fed blackout period.

By Caitlin Mullen • July 16, 2026

Custodia petitions Supreme Court over Fed access

The Wyoming-based crypto bank has argued unsuccessfully for a Fed master account for years. Now it’s calling the central bank’s denial a “death sentence.”

By Dan Ennis • July 15, 2026

Explore the Trendline➔

Artificial intelligence

Banks must decide whether to forge AI tools in-house or partner with outside firms. AI’s importance can’t be understated, but legacy tech may also constrain the budget for banks looking to innovate.

By Banking Dive staff

Citi flags potential for more severance this year

The bank, which has reduced headcount by about 5% over the past year, is focused on finding efficiencies to fund investments, executives indicated Tuesday.

By Caitlin Mullen • July 15, 2026

Regulators issue guidance on lending to unauthorized workers

Financial institutions should “identify, measure, monitor and control these risks” in a way that that assesses “a borrower’s willingness and capacity to repay,” regulators said.

By Gabrielle Saulsbery • July 14, 2026

CFPB, union agree to give Trump pick a say on staff-cut plan

Brian Johnson, the nominee to lead the CFPB, would get 60 days to review the workforce reduction plan if the Senate confirms him, a district judge said Thursday.

By Dan Ennis • July 13, 2026

Circle gets OCC’s full trust bank charter nod

The company’s CEO, Jeremy Allaire, said the development “marks a defining step in bringing blockchain technology and digital assets into the core of the U.S. financial system.”

By Dan Ennis • July 10, 2026

Fed stands out among bank enforcement action decline: Brookings

Enforcement action activity by federal banking agencies has fallen over the past decade, according to a study published Wednesday.

By Caitlin Mullen • July 9, 2026

Sony receives OCC’s conditional approval for trust charter

The Japanese conglomerate aims to launch Connectia Trust, which will issue and manage stablecoins, in 2027. Banking trade groups and consumer advocates voiced their objection months ago.

By Dan Ennis • July 8, 2026

Klarna applies for ILC charter

CEO Sebastian Siemiatkowski called a U.S. banking license a "natural next step, giving customers tools to borrow responsibly and build financial confidence."

By Lynne Marek • July 7, 2026

AI will reshape financial services, and regulation will follow

As banks move toward AI-first services, managing autonomy will be the main challenge for regulators, according to the U.K.’s primary financial watchdog.

By Makenzie Holland • July 6, 2026

OCC ends enforcement against Patriot Bank

Expenses related to the agreement have totaled over $5 million. CEO Steven Sugarman said he now expects regulatory and FDIC fees to decrease.

By Gabrielle Saulsbery • July 2, 2026

Dive Deposits: The CFPB just redefined 2 weeks’ notice

The bureau gave employees until July 14 to accept a geographic reassignment. Declining the move or failing to respond in time “will result in your separation from the CFPB,” according to a Tuesday note to staff.

By Dan Ennis • July 2, 2026

EagleBank to pay $9.7M to resolve BSA violations

The Bethesda, Maryland-based lender admitted to knowingly letting customers engage in a check fraud scheme, and to having lax anti-money laundering controls for more than a decade.

By Gabrielle Saulsbery • July 1, 2026

Warren grills Capital One CEO over CFPB nominee

The Democratic senator wanted to know if Capital One executive-turned-CFPB nominee Brian Johnson had any role in the bureau’s termination of a lawsuit against the bank.

By Dan Ennis • June 30, 2026

Lawmakers reintroduce cannabis banking reform

Sen. Jeff Merkley and others have once again reintroduced cannabis banking reform, this time in new waters – following the rescheduling of medical cannabis.

By Gabrielle Saulsbery • June 29, 2026

Supreme Court rules Trump can’t fire Fed’s Cook

Justices voted 5-4 that Lisa Cook should remain at the central bank, despite the president’s attempt to remove her. The court, however, expanded presidential powers to fire other federal appointees.

By Dan Ennis • June 29, 2026

Morgan Stanley gets OCC’s conditional approval for trust charter

The digital-asset trust must maintain at least $50 million in tier 1 capital and obtain the regulator’s nonobjection for any changes to the business or directors.

By Dan Ennis • June 29, 2026

CFPB overhauls complaint system to curb ‘abuse’

Citing a dramatic increase in credit reporting complaint volume, the bureau said its fixes would “restore integrity” to the system. But consumer advocates said changes will make it increasingly difficult for consumers to get help from the agency.

By Caitlin Mullen • June 26, 2026

Big banks breeze through Fed’s stress test

But the results don’t affect banks’ minimum regulatory capital requirements this year, in light of the central bank’s freeze of 2025 stress capital buffers.

By Caitlin Mullen • June 25, 2026

Lawmakers spar over payment rails

House members on Wednesday debated the Payments Access and Consumer Efficiency Act, which would expand Federal Reserve services access.

By Lynne Marek • June 25, 2026

GOP senator slams banks over deposit posting

Sen. Bernie Moreno, R-OH, threatened legislative action Tuesday if banks don't voluntarily change the order in which they post transactions, saying that posting customers’ withdrawals before deposits can trigger overdraft fees.

By Caitlin Mullen • June 24, 2026

Senate Democrats press Vought on CFPB website deletions

“Your decision deprives Americans of key resources and is yet another giveaway to companies intent on scamming the public of their hard earned dollars,” the senators, led by Elizabeth Warren, wrote.

By Gabrielle Saulsbery • June 23, 2026

Court denies 45-day deadline to rule on CFPB staff-cut case

Now the district judge who issued a preliminary injunction – halting workforce reductions at the bureau – will review the agency’s plan to shed more than half of its jobs.

By Dan Ennis • June 22, 2026

Santander-Webster deal gets OCC approval

The $12.3 billion acquisition, which also needs a green light from the Federal Reserve and European Central Bank, got the OCC’s go-ahead 74 days after the application was submitted.

By Dan Ennis • June 18, 2026

How Fifth Third, Star One are fighting elder fraud

The regional bank and California credit union are implementing strategies aimed at detecting scams earlier and being more proactive.

By Caitlin Mullen • June 18, 2026