Regulations & Policy: Page 7
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Fed drops enforcement action against Texas holding company
The central bank ended its cease-and-desist order against Industry Bancshares eight months after it was issued and the same month Cadence Bank’s acquisition of Industry closed.
By Caitlin Mullen • July 16, 2025 -
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Wells Fargo workers allege union-busting again
Employees rallied in Charlotte on Tuesday to call attention to allegations that a senior HR exec at the bank is coercing workers to decertify their union.
By Gabrielle Saulsbery • July 15, 2025 -
Explore the Trendline➔
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TrendlineTop 5 stories from Banking Dive
Since the approval of Capital One’s acquisition of Discover, banks have increasingly waded into new deals. Beyond that, they’ve doubled down on strategy, from organic growth to branch placement to app design.
By Banking Dive staff -
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JPMorgan’s Dimon: Fed independence ‘absolutely critical’
The CEO of the biggest U.S. bank warned Tuesday that “playing around with the Fed can often have adverse consequences.”
By Caitlin Mullen • July 15, 2025 -
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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 -
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ColumnDive 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 -
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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 -
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ColumnDive 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 -
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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 -
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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 -
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ColumnDive 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 -
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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 -
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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 -
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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 -
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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 -
Courtesy of Courtesy of Circle
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 -
Permission granted by Navy Federal Credit Union
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 -
Michael M. Santiago / Staff via Getty Images
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 -
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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 -
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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 -
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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 -
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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 -
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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 -
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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 -
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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 -
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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
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