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Industry

CFTC files lawsuits against states challenging Commodity Exchange Act

By Melina Druga   |   April 3, 2026   |   Federal

The Commodity Futures Trading Commission (CFTC) filed lawsuits on Thursday challenging the actions Arizona, Connecticut, and Illinois have taken against CFTC-registered designated contract markets. S...

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Fulton Financial Corporation acquires Blue Foundry Bancorp

By Liz Carey   |   April 3, 2026   |   Industry

Lancaster, Pa.-based Fulton Financial Corporation announced on April 1 it has successfully completed the acquisition of Blue Foundry Bancorp, of Rutherford, N.J. The acquisition positions Fulton to a...

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Legislation would provide privacy protections for credit union members

By Melina Druga   |   April 2, 2026   |   Federal

Proposed legislation in the U.S. House of Representatives would provide privacy protections to credit union members. The bill would amend Title V of the Gramm-Leach-Bliley Act (GLBA) to provide exc...

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FINRA launches center to combat cybersecurity, fraud threats

By Liz Carey   |   April 2, 2026   |   Federal

The Financial Industry Regulatory Authority (FINRA) said it has launched the Financial Intelligence Fusion Center (FIFC) to share information about cybersecurity and fraud threats to its members. ...

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Treasury issues advisory for financial institutions about health care scams

By Dave Kovaleski   |   April 2, 2026   |   Federal

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) is urging financial institutions to be vigilant about fraud schemes targeting government health care benefit progr...

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Mortgage Bankers Association report examines outcomes from pandemic-era relief programs

By Dave Kovaleski   |   April 2, 2026   |   Featured

A new report from the Mortgage Bankers Association's (MBA) Research Institute for Housing America (RIHA) examines borrower outcomes following pandemic-era relief programs. After the onset of the CO...

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Bank consumer satisfaction drops during second half of 2025

By Melina Druga   |   April 1, 2026   |   Industry

Bank customers’ experience with phone, branch, online and automated customer engagement channels dropped during the second half of 2025, according to a recent JD Power study. Customer satisfactio...

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Legislation strengthening IRS whistleblower program advances out of committee

By Melina Druga   |   April 1, 2026   |   Federal

Legislation introduced by U.S. Rep. Mike Kelly (R-PA), and Mike Thompson (D-CA), to make reforms to the Internal Revenue Service’s (IRS) Whistleblower Awards Program has advanced out of the House Wa...

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Rep. Meuser introduces bill to ensure deposit insurance keeps pace with inflation

By Dave Kovaleski   |   April 1, 2026   |   Federal

Rep. Dan Meuser (R-PA) introduced legislation that seeks to ensure that federal deposit insurance keeps pace with inflation so checking and savings accounts receive the same insurance coverage over ti...

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Reps. Boyle, Jayapal introduce bill to add 2% tax on those making $50M-plus

By Dave Kovaleski   |   April 1, 2026   |   Featured

Reps. Brendan Boyle (D-PA) and Pramila Jayapal (D-WA) are among a group of Congress members that introduced legislation to apply a wealth tax to fortunes above $50 million. The lawmakers said the U...

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Cannabis Banking

  • Pennsylvania AG among coalition urging Congress to pass cannabis banking bill
  • New York State hits $1B in cannabis retail sales
  • AICPA makes recommendations to IRS on cannabis businesses in advance of marijuana reclassification
  • CTrust launches credit scoring platform for cannabis businesses
  • Senators push for legal cannabis businesses to have SBA access

Digital Currency

  • Treasury launches initiative to strengthen cybersecurity in digital asset industry
  • Blockchain Association rebuts arguments about tokenized U.S. securities
  • Rep. Waters seeks information from Kansas City Fed on crypto exchange approval
  • Mastercard purchases stablecoin company
  • SEC clarifies how federal securities laws apply to certain crypto assets

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  • SBA applauds reauthorization of Small Business Innovation and Economic Security Act
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