New SEC Chair Says Crypto Sector Deserves Clear Regulations April 28, 2025 By Douglas Gillison The new head of the U.S. Securities and Exchange Commission on Friday said that the agency has stifled innovation for...
Hackers Spied on 100 US Bank Regulators’ Emails for Over a Year April 9, 2025 By Margi Murphy and Jake Bleiberg Hackers intercepted about 103 bank regulators’ emails for more than a year, gaining access to highly sensitive financial information, according...
Financial Firms Hated US Consumer Watchdog, but Rapid Unraveling Creates Limbo February 13, 2025 By Douglas Gillison, Pete Schroeder, Nupur Anand and Hannah Lang At a JPMorgan townhall meeting on Wednesday, CEO Jamie Dimon was asked whether the Trump administration’s decision to abruptly stop...
Supreme Court Overturns Chevron Rule in Blow to Regulators June 28, 2024 By Greg Stohr A divided US Supreme Court threw out a decades-old legal doctrine that empowered federal regulators to interpret unclear laws, issuing...
Citigroup Asks 600 US Staffers to Return to Office Full-Time May 28, 2024 Citigroup has asked its 600 U.S. employees, who are eligible to work remotely, to return to office fulltime, it said...
Bank Groups Sue US Regulators to Halt Anti-Redlining Rules February 6, 2024 By Sally Bakewell Several industry groups sued US regulators to block recent overhauls to the Community Reinvestment Act, arguing the new rules meant...
Judge Rules Against Consumer-Watchdog Anti-Discrimination Effort September 11, 2023 By Jody Godoy A federal judge has ruled that the U.S. Consumer Financial Protection Bureau (CFPB) does not have broad authority to tackle...