Democratic attorneys general sue FinCEN over beneficial ownership reporting
A coalition of 21 Democratic state attorneys general has filed a lawsuit to reverse the Trump administration’s decision to scale...
Legal
Federal appeals court strikes down the Fed’s debit card fee cap
Court says the Fed must rewrite the rule capping how much banks can charge for processing debit card transactions. ABA...
Illinois to appeal interchange ruling
The Illinois Attorney General’s Office plans to appeal a court injunction preventing the state from enforcing the Illinois Fee Prohibition...
Crypto exchange agrees to shut down ‘crypto ATMs’ as part of settlement
The cryptocurrency exchange Coinme has agreed to close down its virtual currency kiosk operations in multiple states as part of...
ABA, associations seek passage of Fair Credit Reporting Act reform
Before the end of the current Congress, the House should pass legislation to align the Fair Credit Reporting Act with...
Third court rules against Trump administration over CFPB funding
A federal judge in Oregon last week ruled that the Trump administration must continue funding the CFPB, reaching a decision...
Court exempts federal credit unions from Illinois interchange law
A federal court expanded an injunction against enforcement of the Illinois Interchange Fee Prohibition Act to include federal credit unions,...
ABA’s Pinder named finalist for GC Impact Award
ABA General Counsel Tom Pinder has been named a finalist for Law.com’s 2026 GC Impact Award, which recognizes chief legal...
California nonprofits sue to release CDFI Fund appropriations
Two California nonprofits have sued the Trump administration to free up $289 million in the CDFI Fund that will expire...
State coalition seeks to block OCC preemption of interest-on-escrow laws
A coalition of 10 states has filed a lawsuit to block two recent rulemakings by the OCC designed to establish...
