ABA Seeks Banker Input for Final EGRPRA Letter

The Trump administration is asking a federal appeals court for permission to reduce the Consumer Financial Protection Bureau’s current workforce by more than half, according to a court filing.

The FDIC cited 1,155 violations of consumer protection statutes and regulations in 2025, representing a decline from the year before, according to the agency’s annual Consumer Compliance Supervisory Highlights report.

Separate surveys by Wells Fargo and TD Bank found that an increasing number of people are turning to AI for financial advice, although they still prefer humans to make the final call on financial decisions.

SPONSORED CONTENT PRESENTED BY NAVAERA WORLDWIDE Check fraud is no longer a manageable background risk for banks and credit unions. It is driving losses, slowing teams down and exposing gaps between deposit channels that many existing controls were...

House lawmakers and the Trump administration are planning to bring forward a series of reforms later this year to address banker issues with the CFPB and rules on small-business lending data collection and open banking, House Financial Services...

The Consumer Confidence Index was 91.8 in March, up from 91 the previous month, the Conference Board said.