Senate Confirms Brian Montgomery as Head of FHA

The Treasury Department proposed a new rule to establish what factors it will consider when stablecoin issuers request to be subject to state regulation rather than federal regulation, as permitted under the Genius Act.

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.

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.