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Goodwin

How Financial Regulation Is Shifting Under Trump

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Hi, thanks so much for joining us. I’m Samantha Kirby, chair of financial services here at Goodwin, and today, we’re going to talk to you about what we’re watching with respect to the bank regulatory agencies and the Consumer...more

Dechert LLP

Banks May Engage in Some Crypto Activities Without Prior Notice Says FDIC

Dechert LLP on

The FDIC recently rescinded guidance requiring FDIC-supervised institutions to give notice to the FDIC before engaging in crypto-related activities. Banks regulated by the FDIC may now engage in permissible crypto-related...more

Troutman Pepper Locke

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – April 2025 # 4

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To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more

Paul Hastings LLP

Daily Financial Regulation Update -- Monday, April 21, 2025

Paul Hastings LLP on

April 18, 2025 - The Federal Reserve and the Office of the Comptroller of the Currency have conditionally approved the merger of Discover Bank, Greenwood, Delaware, into Capital One, National Association, McLean, Virginia....more

Paul Hastings LLP

Dramatic Shifts Point to Foundation for a Comprehensive Digital Asset Framework in the US

Paul Hastings LLP on

In just a few weeks, the landscape for crypto policy has continued to shift dramatically. The president signed into law the repeal of an IRS rule that would have expanded the definition of “broker” to capture DeFi protocols;...more

Sheppard Mullin Richter & Hampton LLP

Kansas City Federal Reserve Bank Explores Regulatory Risks in Gaming Ecosystems

On April 9, the Federal Reserve Bank of Kansas City published a research briefing examining how video game platforms are reshaping the digital payments landscape. As in-game purchases and platform-based transactions grow in...more

Jenner & Block

US Fintech Landscape for 2025

Jenner & Block on

With the change of presidential administrations in January, there has been a significant shift in the landscape for financial technology companies in the United States for 2025 and beyond. First, the new administration...more

Morrison & Foerster LLP

FinReg Currents - Week 13

Each week of the first 100 days of the new Trump administration, we will publish updates on key federal financial services regulatory and related developments. This week, we review the following developments as of Wednesday: ...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, April 18, 2025

Paul Hastings LLP on

April 17, 2025 - Federal Reserve Board Governor Michael S. Barr gave a speech entitled, “Deepfakes and the AI Arms Race in Bank Cybersecurity.” April 17, 2025- The Federal Reserve Bank of Boston published an article...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday, April 17, 2025

Paul Hastings LLP on

April 16, 2025 - The U.S. Department of the Treasury released Treasury International Capital (TIC) data for February 2025. The next release, which will report on data for March 2025, is scheduled for May 16, 2025....more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday, April 16, 2025

Paul Hastings LLP on

April 15, 2025 - The Federal Reserve Board, Federal Deposit Insurance Corporation, National Credit Union Administration and Office of the Comptroller of the Currency temporarily paused certain appraisal requirements for...more

Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday, April 15, 2025

Paul Hastings LLP on

April 11, 2025- The Credit Access and Inclusion Act was introduced to expand credit access for millions of Americans with limited or non-existent credit histories. April 14, 2025- Federal Reserve Board Governor...more

Alston & Bird

Federal Banking Agencies Announce Intent to Rescind 2023 Community Reinvestment Act Final Rule and Return to Prior Framework

Alston & Bird on

What Happened? The Federal Deposit Insurance Corporation (“FDIC”), Board of Governors of the Federal Reserve System (“Federal Reserve”) and the Office of the Comptroller of the Currency (“OCC”), (collectively, “federal...more

Orrick, Herrington & Sutcliffe LLP

Fed’s Barr speaks on fintech-bank partnerships, generative AI

On April 4, Fed Governor Michael S. Barr spoke at the Federal Reserve Bank of San Francisco about how banks and fintech companies can work together to accelerate the adoption of generative AI in financial services....more

Ballard Spahr LLP

Republicans ask federal banking agencies to withdraw rules, guidance

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Republicans on the House Financial Services Committee have sent letters to financial regulators asking them to rescind a variety of measures the regulators issued during the Biden Administration....more

Paul Hastings LLP

Daily Financial Regulation Update -- Monday, April 14, 2025

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April 11, 2025 - The Federal Reserve Bank of New York published a staff report entitled, “The Risk Sensitivity of Global Liquidity Flows: Heterogeneity, Evolution, and Drivers.”...more

Troutman Pepper Locke

California Introduces Legislation to Fill the Void of Federal Consumer Protection Regulations

Troutman Pepper Locke on

As federal agencies pull back on consumer protection regulations under the Trump administration, California is stepping up to fill the void. This shift was forecasted in January, when the Consumer Financial Protection Bureau...more

ArentFox Schiff

What Will Tariff Increases and Uncertainty Mean for the Municipal Bond Market?

ArentFox Schiff on

Don’t be fooled by the 90-day pause. It looks like high tariffs will be here to stay and we are in the midst of an all-out trade war with China, including a minimum 145% tariff....more

Mayer Brown

OCC Withdraws Climate Risk Management Principles

Mayer Brown on

On March 31, 2025, the Office of the Comptroller of the Currency withdrew its participation in the interagency principles for climate-related financial risk management for large financial institutions (the “Climate...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, April 11, 2025

Paul Hastings LLP on

April 9, 2025- The U.S. Senate Committee on Banking, Housing and Urban Affairs passed a Congressional Review Act resolution to overturn the Consumer Financial Protection Bureau’s final rule on overdraft fees based upon the...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday, April 10, 2025

Paul Hastings LLP on

April 9, 2025- The U.S. House Committee on Financial Services Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence held a hearing entitled “American Innovation and the Future of Digital Assets...more

Mayer Brown

FDIC Streamlines Process for Cryptocurrency Activities by Banks It Regulates and Speculates on Additional Permissible Activities

Mayer Brown on

On March 28, 2025, the Federal Deposit Insurance Corporation (FDIC) issued guidance on state nonmember bank and state savings association participation in certain cryptocurrency activities (“FIL-7-2025”). ...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday, April 9, 2025

Paul Hastings LLP on

April 8, 2025 - Federal Deposit Insurance Corporation Acting Chair Travis Hill gave a speech entitled “View from the FDIC: Update on Key Policy Issues” at the American Bankers Association Washington Summit....more

Braumiller Law Group, PLLC

Hot Topics in International Trade - April 2025 - America’s Misunderstood Trade Deficit

Several fundamental conditions are widely presumed necessary for a country to enjoy the benefits of global trade. One condition is that import activity ought not exceed export activity. Put more simply, we must sell more...more

Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday, April 8, 2025

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April 4, 2025 - The commissioner of the Department of Financial Protection and Innovation (DFPI) has proposed regulations to implement provisions of the Digital Financial Assets Law and amend the Money Transmission Act....more

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