Democratic senators introduce bill to lower credit card late fee cap
Three Democratic senators have introduced legislation to revive a Biden-era rule that would lower the cap on credit card late...
Newsbytes
Gould suggests easing bank resolution planning requirements
Comptroller of the Currency Jonathan Gould said he sees no benefit in the FDIC continuing to require filings from large...
Survey: Merchants expand payment options, express interest in crypto
BNPL is now the fourth most accepted form of payment at small businesses, behind debit or credit cards, digital wallets,...
Congress budgets $342M for CDFI Fund in 2026
Lawmakers have agreed to budget $324 million for the Community Development Institutions Fund in fiscal year 2026, which would maintain...
Mortgage rates fall
The rate for a 30-year fixed-rate mortgage was 6.06% this week. The rate for a 15-year fixed-rate mortgage was 5.38%.
Nichols: Credit card rate cap would harm those it is meant to help
While the Trump administration’s concern about affordability is commendable, a proposed 10% cap on credit card interest rates would hurt...
Study: FHLBank advances boost community lending
Federal Home Loan Bank advances are “strongly associated” with higher lending across banks and credit unions, particularly following the 2008...
Senate Banking Committee postpones vote on crypto market structure bill
Senate Banking Committee Chairman Tim Scott (R-S.C.) delayed a scheduled committee vote on cryptocurrency market structure legislation. Banking advocates have...
HUD proposes to remove disparate impact from Fair Housing Act rule
The Department of Housing and Urban Development is proposing to rescind three rules allowing the use of disparate impact in...
Business inventories rose in October
Business inventories in October 2025 came in at $2.68 trillion, up 0.3% from the month prior and up 1.1% from...
