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Home » Regulation » Page 23

Regulation

Cal Coast Credit Union’s compliance failures draw federal rebuke, derail $13.6 billion merger

By Kim Riley   |   March 12, 2026   |   Featured

San Diego County Credit Union (SDCCU) says it has already walked away from its proposed merger with California Coast Credit Union after citing a multitude of concerning issues, but the saga has taken ...

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Fintech marketplace Upstart submits application to federal regulators for a bank charter

By Dave Kovaleski   |   March 12, 2026   |   Digital Currency

Upstart Holdings filed an application with the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) to establish an insured national bank, Upstart Bank,...

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Legislation creating fiscal commission introduced in Senate

By Liz Carey   |   March 12, 2026   |   Federal

Legislation that would create a bicameral fiscal commission to stabilize and decrease the national debt has been introduced in the U.S. Senate. U.S. Sens. John Curtis (R-UT) and Angus King (I-ME) ...

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Potomac Bank president and CEO elected ICBA chairwoman

By Melina Druga   |   March 11, 2026   |   Federal

Alice Frazier, president and CEO of West Virginia-based Potomac Bank, recently was elected Independent Community Bankers of America (ICBA) chairwoman for 2026-27 at ICBA LIVE in San Diego, Calif. Her ...

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Americans want Fintechs to follow bank rules, survey finds

By Liz Carey   |   March 11, 2026   |   Featured

A new survey from the American Bankers Association found that consumers want fintech companies to follow the same rules as banks. The survey, conducted by Morning Consult, asked more than 4,456 ad...

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SBA bans foreign nationals from obtaining administration-guaranteed small business loans

By Dave Kovaleski   |   March 11, 2026   |   Federal

The U.S. Small Business Administration (SBA) is banning foreign nationals and non-citizens from accessing SBA-guaranteed small business loans. This new policy, which applies to the agency’s Suret...

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Bicameral bill would create federal lending platform

By Dave Kovaleski   |   March 11, 2026   |   Federal

A bipartisan, bicameral bill was introduced this week that would create a government-wide shared services lending platform known as Lending.gov. The bill, the Federal Loan Systems Modernization Act...

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Federally insured credit union assets totaled $2.43T in fourth quarter

By Melina Druga   |   March 10, 2026   |   Federal

Federally insured credit unions had assets totaling $2.43 trillion during the fourth quarter of 2025, a 5.4 percent increase year-over-year, according to the latest financial performance data report f...

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Treasury, IRS issue proposed rules for $1,000 Trump Account pilot program

By Liz Carey   |   March 10, 2026   |   Federal

Proposed regulations for the pilot program for individual IRA accounts for children called Trump Accounts have been released by the U.S. Department of Treasury and the Internal Revenue Service. Th...

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Sens. Warner, Hawley urge administration to track AI impact on jobs

By Dave Kovaleski   |   March 10, 2026   |   Featured

U.S. Sens. Mark Warner (D-VA) and Josh Hawley (R-MO) are among a group of senators urging the U.S. Department of Labor, Bureau of Labor Statistics, and Census Bureau to track the impact of artificial ...

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Cannabis Banking

  • Bill to provide cannabis businesses with banking services introduced in House
  • 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

Digital Currency

  • Agencies ask for public comment on proposed stablecoin regulations
  • Rep. Arrington introduces bill to close tax loopholes in digital asset market
  • Legislation to protect seniors from crypto ATM scams introduced
  • SIFMA makes recommendations for FinCEN on AML proposal for stablecoin issuers
  • Rep. Kustoff introduces bill to treat digital assets like other financial instruments

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