State legislatures enter their busy season
Bank advocates expect 2026 to be a hectic year for state legislation, with possible bills on interchange fees, fraud, AI...
Policy
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...
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...
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...
Podcast: A Lone Star banking perspective
If Texas were an independent country, its economy would rank as the world's eighth-largest. "France is seventh, and I don't...
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...
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...
Two major newspaper editorial boards slam proposed 10% credit card rate cap
A proposed 10% cap on credit card interest rates would harm consumers by making credit less accessible and have negative...
G7 expert group releases cybersecurity ‘roadmap’ for post-quantum cryptography
The G7 Cyber Expert Group released a “roadmap” to help the financial sector take steps to secure computer systems from...
