Trump-appointed regulator OKs banking license for Trump-linked crypto firm - POLITICO

The decision would give new powers and federal credibility to a venture in which the president and his family retain a substantial financial interest... 

 https://www.politico.com/news/2026/08/14/trump-world-liberty-bank-charter-crypto-01038464

 

‘Hugely Troubling’: A Former Wall Street Regulator Is Getting Nervous - POLITICO

She pointed to a simple measure of banks’ capital levels — one that considers how much debt they’re taking on without factoring in what kind of risks they’re taking — that suggests megabanks’ capital buffers are now roughly where they were in 2009. It’s unclear where the next threats to the financial system might come from. Bair is less worried about crypto, for instance, than she is about turmoil in private credit markets, where lenders that aren’t banks make riskier loans to businesses. But the whole point of capital is that it’s intended to guard against the unexpected. 

And right now, she’s worried that regulators are letting their guard down...

https://www.politico.com/news/magazine/2026/06/24/financial-crisis-warning-sheila-bair-interview-00968210 

 

 

Top US banks weigh suing federal regulator over crypto banking rules

…banks say giving these firms the OCC's stamp of approval means letting firms loose into the US financial system without the same rigorous supervision and controls required of fully fledged banks…

https://www.theguardian.com/business/2026/mar/09/bank-policy-institute-regulator-lawsuit

 

Dems press for changes to crypto bill in counteroffer to GOP - Live Updates - POLITICO

The group of Democrats working on the crypto bill "is concerned that payments of interest or yield on stablecoin balances could pull deposits from the banking system, especially from community banks that play a pivotal role in supporting underserved communities and operate under Community Reinvestment Act obligations," the document said. "Yield also incentivizes risky behavior and could threaten the financial system if a stablecoin were to lose its value."…

https://www.politico.com/live-updates/2025/12/10/congress/dem-crypto-counteroffer-00685364 

 

 

Big banks are now in Trump's crosshairs

Driving the news: Appearing on CNBC on Tuesday morning, Trump seemed to give a nod to a Wall Street Journal report that the White House is preparing an executive order directing regulators to penalize any bank found to have dropped a client on political grounds. 

The president accused JPMorgan Chase and Bank of America of discrimination by refusing to take his personal business...

https://www.axios.com/2025/08/05/trump-banks-debanking-jpmorgan-bank-of-america 

 

Gaza, North Carolina’s Senate Race, and Trump’s Attack on Consumers

https://www.youtube.com/watch?v=FGn-R043JXU

 

US reportedly plans to slash bank rules imposed to prevent 2008-style crash | Banking | The Guardian

Watchdogs could cut capital rules as Trump's deregulation drive opens door to rollback of post-crisis protections…

https://www.theguardian.com/business/2025/may/15/us-reportedly-plans-slash-bank-rules-imposed-prevent-2008-style-crash 

 

‘Glaring red flag’: Treasury DOGE team reveals bank holdings - POLITICO

Several former Treasury officials and government ethics experts said the disclosures raise ethics concerns...

https://www.politico.com/news/2025/05/14/treasury-doge-disclosures-bank-stocks-00347972 

 

White House targets small banks serving poor neighborhoods often in GOP states - The Washington Post

Community lenders fear cuts to a federal program that's designed to boost lending in poor areas...

https://www.washingtonpost.com/business/2025/03/18/trump-targets-banks-republican-districts-crapo/

Banking regulator rescinds more than 200 job offers for examiners it needs - The Washington Post

A federal hiring freeze has made the Federal Deposit Insurance Corp. even more short-handed...

https://www.washingtonpost.com/business/2025/01/27/fdic-bank-examiners-job-offers-rescinded/

 

CFPB’s Proposed Overdraft Rule Would Protect Consumers

"The new overdraft rule will ensure that banks are no longer using predatory overdraft fees to profit from consumers. Most overdraft fees are taken from low-income households when they can least afford it. Commonsense regulations on these fees would protect consumers from surprise charges and fees that often exceed the amount borrowed. Enormous overdraft fees that burden low-income consumers should no longer line the pockets of bank CEOs."…

https://www.commondreams.org/newswire/cfpbs-proposed-overdraft-rule-would-protect-consumers

‘Even worse than it sounds:’ Warren rips GOP push for Medicaid work requirements

https://www.youtube.com/watch?v=b2lQHDPdNUY

Washington Post Economics Columnist Catherine Rampell (Al Franken Podcast)

Discusses the SVB banking meltdown and the economy writ large.

Interview: 

https://alfranken.com/listen/wapo-economics-columnist-catherine-rampell

Trump deregulated railways and banks. He blames Biden for the fallout

It's not new that the Republicans will deregulate an industry and then it collapses and the Democrats have to save it. Look at American political and economic history of the last 50 years: this is exactly what happens."…

https://www.theguardian.com/us-news/2023/mar/17/donald-trump-railways-banks-deregulation-blames-biden

Elizabeth Warren tells Fed chair he is ‘dangerous’ and opposes renomination

"Your record gives me grave concerns," the Massachusetts Democrat said. "Over and over, you have acted to make our banking system less safe, and that makes you a dangerous man to head up the Fed, and it's why I will oppose your renomination."

https://www.theguardian.com/business/2021/sep/28/elizabeth-warren-fed-chair-jerome-powell-dangerous

U.S. House of Representatives approves cannabis banking bill | Reuters

...The bill clarifies that proceeds from legitimate cannabis businesses would not be considered illegal and directs federal regulators to craft rules for how they would supervise such banking activity...

https://www.reuters.com/business/us-house-representatives-approves-cannabis-banking-bill-2021-04-19/

Trump administration accused of trying to bully banks into financing Arctic fossil fuel extraction – Raw Story

... The Wall Street Journal reports the Office of the Comptroller of the Currency on Friday proposed a new rule that would bar financial institutions from refusing to lend to entire categories of lawful businesses. In the name of "fair access," the proposed rule would force banks to finance not only the fossil fuel industry that is largely responsible for the ever-worsening climate emergency, but also other highly controversial sectors such as for-profit private prisons and firearms manufacturers...

https://www.rawstory.com/2020/11/trump-administration-accused-of-trying-to-bully-banks-into-financing-arctic-fossil-fuel-extraction/

Biden-Sanders unity task force calls for Fed, US Postal Service consumer banking | TheHill

A task force set up by former Vice President Joe Biden and Sen. Bernie Sanders (I-Vt.) to bridge policy divides within the Democratic Party on Wednesday called for the creation of a government-run banking system set up through the Federal Reserve and U.S. Postal Service. The Biden-Sanders “Unity Task Forces” unveiled Wednesday an extensive list of policy recommendations crafted by advisors and allies of Biden — the presumptive Democratic presidential nominee — and Sanders, who was the final remaining challenger before endorsing the former vice president in April. ....
https://thehill.com/policy/finance/506469-biden-sanders-unity-task-force-calls-for-fed-us-postal-service-consumer

Trump Regulators Just Rolled Back a Major Obama Era Bank Reform – Mother Jones

On Thursday, five federal regulatory agencies voted to roll back a key financial rule enacted following the 2008 financial crisis. The change will make it easier for banks to invest in venture capital and will tweak some restrictions on bank investing in hedge funds and private equity—all forms of riskier investing that Congress limited after 2010. The revised rule will also shrink the financial cushion that banks are required to keep on hand during certain types of derivatives trading. This particular change could free up an estimated $40 billion of capital for banks to trade with. https://www.motherjones.com/politics/2020/06/trump-regulators-just-rolled-back-a-major-obama-era-bank-reform/

Black-Owned Businesses Could Face Hurdles in Federal Aid Program - The New York Times

Minority business owners have always struggled to secure bank loans. Now, many banks want to deal only with existing customers when making loans through the government’s $349 billion aid package.
https://www.nytimes.com/2020/04/10/business/minority-business-coronavirus-loans.html