Federal Reserve Gov. Michelle Bowman is widely seen as the president's most likely choice for vice chair for supervision, a ...

The CFPB director faulted the lack of transparency around bank decisions to close accounts and said it’s worth exploring what ...

The Trump administration has issued dozens of executive orders, but change to banking regulations and agency leaders isn’t ...

Under the new legislation, the DWP would be able to compel banks to transfer over benefits debt through "direct deduction ...

Companies can implement clear data collection policies, comply with regulatory standards and promote transparency in how ...

On January 13, the SEC published to the Federal Register a final amendments to Rule 15c3-3 – the Broker-Dealer Customer Protection Rule ... a “Special Reserve Bank Account for the Exclusive ...

The CFPB—tasked to protect consumers from unfair banking practices—was created by Democrats in the wake of the 2008 financial ...

Banks have been challenged to comply with the Cyber Data Protection Act (CDPA) and other related security statutes to effectively guard against customers' personal information and regain their ...

Will the Consumer Financial Protection Bureau’s (CFPB) recently promulgated open banking rule survive under the new Congress and incoming ...

In 2024, the banking sector had quite a year! From a regulatory perspective, the EU AI Act was introduced reinforcing ...

The CFPB ordered Block to update its business practices to comply with the law, pay between $75 and $120 million to users ...