OCC drops disparate impact liability from supervision, exam metrics

The agency’s rollback is a direct follow-up to President Donald Trump’s April executive order calling to “deprioritize” enforcement of disparate impact.

By Rajashree Chakravarty • July 15, 2025

Dive Deposits: Fed pushes back on Vought’s skewering of renovation

In an FAQ document, the central bank appears to emphasize it’s responding to senators’ concerns, not the OMB chief’s, and that it has cooperated with a capital planning panel.

By Dan Ennis • July 14, 2025

Explore the Trendline➔

Artificial intelligence

The heavily regulated banking sector rarely gets to trailblaze. But with AI, an all-in mentality is fueling both research and adoption.

By Banking Dive staff

6 takeaways from the Senate’s crypto market structure hearing

Senators largely agreed on the need for regulation, but differed on the potential focus and framing of such a bill.

By Gabrielle Saulsbery • July 11, 2025

Dive Deposits: The time Russ Vought moonlighted as a 1980s action star

The acting CFPB director accessed his inner Sylvester Stallone, using his position as the White House’s budget chief to grill Federal Reserve Chair Jerome Powell on a hot-button renovation.

By Dan Ennis • July 11, 2025

Big banks could get easier route to ‘well-managed’ status

Michelle Bowman dubbed the Federal Reserve’s proposal “the first step” in aligning supervisory ratings with a sharper focus on material financial risk, but Michael Barr warned the move would undermine supervision and introduce risk.

By Caitlin Mullen • July 11, 2025

Jonathan Gould confirmed to lead OCC

Senate Banking Committee Republicans said in a statement they hope Gould “return[s] the OCC to its true purpose of chartering and supervising banks to ensure a safe and sound banking system.”

By Dan Ennis • July 10, 2025

Dive Deposits: Summer is the season of regulator roulette

The sidelining of the CFPB’s top fair-lending official, early-out of a leading Fed supervisor, and President Trump’s gripes toward Jerome Powell have turned July into a game of “start-bench-cut.”

By Dan Ennis • July 9, 2025

Court denies open banking briefs

A federal judge said “friend of the court” briefs wouldn't be helpful in litigation over the Consumer Financial Protection Bureau’s open banking rule.

By Justin Bachman • July 9, 2025

Planet Hollywood sues Florida bank in alleged PPP fraud

BankUnited forced Planet Hollywood and its affiliated companies to reapply for a PPP loan, for which they lost the opportunity to have at least $4.5 million forgiven.

By Rajashree Chakravarty • July 8, 2025

Fed bans Wyoming ex-banker over charity embezzlement

Kendall Hickman, a former employee of Jonah Bank of Wyoming, embezzled more than $33,000 in funds from a nonprofit organization while working as a part-time bookkeeper. 

By Rajashree Chakravarty • July 7, 2025

Warren slams Fed’s proposed tweaks to stress capital buffer

In a public comment, the senator urged the central bank to withdraw a proposal to allow banks to use an average of the past two years’ stress testing losses in the calculation of their buffer.

By Dan Ennis • July 7, 2025

Circle applies for national trust charter

The proposal to create the First National Digital Currency Bank “marks a significant milestone to build an internet financial system,” CEO Jeremy Allaire said. Wise applied for a similar charter in June.

By Rajashree Chakravarty • July 2, 2025

CFPB drops $95M overdraft case against Navy Federal

The move is yet another example of the current bureau’s retreat from Biden-era consent orders.  

By Rajashree Chakravarty • July 2, 2025

Top US banks boost dividends

JPMorgan and Morgan Stanley announced share repurchase programs. Wells Fargo and Goldman Sachs, meanwhile, will see current stress capital buffers lowered.

By Caitlin Mullen • July 2, 2025

Judge again denies request to slash Ripple’s SEC penalty

The SEC can “change course after an enforcement action is initiated,” the judge wrote last week. “But the parties do not have the authority to agree not to be bound by a court’s final judgment.”

By Dan Ennis • July 2, 2025

StanChart hit with $2.7B lawsuit tied to 1MDB scandal

Liquidators of three 1MDB-related companies claim that Standard Chartered permitted more than 100 intrabank transfers that enabled massive fraud of Malaysia’s sovereign wealth fund.

By Gabrielle Saulsbery • July 1, 2025

NCUA closes 2 credit unions in 2 days

The regulator closed Aldersgate Federal Credit Union and Butler Heritage Federal Credit Union; Aldersgate was placed in conservatorship last month, after operating in an “unsafe and unsound manner.”

By Rajashree Chakravarty • July 1, 2025

Making sense of the ‘crazy quilt’ of financial regulators

Federal banking agency job cuts and a deregulatory push have again stoked conversations around consolidation. Merging agency functions could make sense, but here’s why it’s unlikely to happen.

By Caitlin Mullen • July 1, 2025

Largest banks sail through Fed’s stress test

All 22 banks that participated in the Federal Reserve’s stress test passed, although it was less stringent than past years. 

By Rajashree Chakravarty • June 30, 2025

FDIC: ‘Suspected fraud’ contributed to Texas bank failure

The Santa Anna National Bank in Texas was closed by the OCC Friday. The failure could cost the FDIC’s Deposit Insurance Fund an estimated $23.7 million.

By Caitlin Mullen • June 30, 2025

Senate shrinks proposed CFPB cuts in megabill

One week after the Senate parliamentarian struck down efforts to zero out CFPB funding, lawmakers released a scaled-back proposal.

By Gabrielle Saulsbery • June 27, 2025

Banking conferences yet to come in 2025

Gatherings can be idea generators, or crucial chances to network — especially amid an environment where political change can yield previously unexpected possibilities and partnerships.

By Dan Ennis • June 27, 2025

Fed proposes 27% cut to tier 1 capital requirements

Changes to the enhanced supplementary leverage ratio would be accompanied by a 5% reduction in total loss absorbing capacity and a 16% drop in long-term debt requirements.

By Dan Ennis • June 26, 2025

Ex-Barclays CEO Staley’s lifetime FCA ban to remain

A U.K. tribunal court Thursday dismissed the former executive's attempt to fight the ban, which came amid revelations of Staley's ties to the late convicted sex offender Jeffrey Epstein.

By Gabrielle Saulsbery • June 26, 2025

Capital requirements, a Fed reno and Trump overshadow Powell hearings

Sen. Elizabeth Warren urged caution on a move to reduce banks’ enhanced supplementary leverage ratio. The Fed chief appeared unflappable, however, in the face of the president’s calls to cut interest rates.

By Dan Ennis • June 25, 2025