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News

Crypto fintech Ripple announces $500M strategic investment

By Dave Kovaleski   |   November 7, 2025   |   Digital Currency

Ripple, a fintech that serves the crypto industry, is making a $500 million strategic investment with funds managed by Fortress Investment Group, Citadel Securities, Pantera Capital, Galaxy Digital, B...

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Senators call for vice chair of Federal Reserve to oppose European bank giveaway

By Liz Carey   |   November 7, 2025   |   Federal

U.S. Sens. Elizabeth Warren (D-MA), Andy Kim (D-NJ) and Lisa Blunt Rochester (D-DE) urged the Federal Reserve’s Vice Chair to oppose special treatment of European banks when calculating risk scores....

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Fed finalizes supervisory rating framework for large banks

By Dave Kovaleski   |   November 7, 2025   |   Federal

The Federal Reserve Board finalized changes this week to its supervisory rating framework for large banks. The revisions within the finalized framework more accurately reflect the strength of indiv...

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Eagle Bancorp president, CEO announces 2026 retirement

By Melina Druga   |   November 7, 2025   |   Industry

Susan Riel, Eagle Bancorp president and CEO, will retire in 2026. She will be stepping down as board of directors chairwoman but will remain on the board. “It has been a privilege to lead Eagle o...

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Treasury sanctions two entities, eight individuals in connection to North Korean money laundering

By Melina Druga   |   November 6, 2025   |   Federal

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently sanctioned two entities and eight people for their role in laundering funds derived from a variety of illicit Democr...

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American Bankers Association urges Treasury to prohibit interest for payment stablecoins

By Dave Kovaleski   |   November 6, 2025   |   Digital Currency

The American Bankers Association (ABA) along with 52 state bankers’ associations across the United States are urging the U.S. Department of the Treasury to implement the GENIUS Act’s prohibition o...

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CSBS outlines policy recommendations for regulators on stablecoin deposits

By Dave Kovaleski   |   November 6, 2025   |   Digital Currency

The Conference of State Bank Supervisors (CSBS) outlined policy considerations for the U.S. Treasury Department and the federal banking agencies to foster a national regulatory framework for stablecoi...

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FHLBank deploys $26M in low-cost loans in Indiana, Michigan

By Liz Carey   |   November 6, 2025   |   Industry

On Wednesday, the Federal Home Loan Bank of Indianapolis announced it has facilitated more than $26 million in loans across Indiana and Michigan to facilitate housing and community development. Th...

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Fed releases third quarter report on bank loans, standards

By Dave Kovaleski   |   November 5, 2025   |   Industry

The Federal Reserve released a report on loan activity among U.S. banks in the third quarter.  The Fed’s Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) gauged demand for ba...

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International Swaps and Derivatives Association seeks quotes for reporting tool

By Melina Druga   |   November 5, 2025   |   Federal

The International Swaps and Derivatives Association (ISDA) is seeking quotes for the development of a traceability tool for its Digital Regulatory Reporting (DRR) solution. The tool is intended to hel...

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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

  • Rep. Davidson introduces bill to allow Americans to pay taxes in Bitcoin
  • Nebraska issues charter to Telcoin Digital Asset Bank
  • Scam Center Strike Force to address crypto-facilitated fraud, scams
  • Crypto fintech Ripple announces $500M strategic investment
  • American Bankers Association urges Treasury to prohibit interest for payment stablecoins

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  • Rep. Davidson introduces bill to allow Americans to pay taxes in Bitcoin
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