Republican lawmakers still hope for crypto legislation this year
Rep. Patrick McHenry, R-N.C., chairman of the House Financial Services Committee, and Sen. Cynthia Lummis, R-Wyo., said that they are still trying to pass crypto legislation before the end of this Congress.
Neobank Varo nears profitability
CEO Colin Walsh believes his company is positioned to benefit from consumers that prize the convenience of technology opting for the safety of a "real bank."
Carver, the struggling NYC-based Black bank, names its next CEO
Donald Felix, who has previously worked at JPMorgan Chase and Citi, will become Carver's president and CEO on Nov. 1. He succeeds interim CEO Craig MacKay, who's been running the unprofitable bank for the past year.
CFPB says banks must prove consumers’ opt-in to overdraft fees
The Consumer Financial Protection Bureau issued guidance reminding banks that they must be able to prove that consumers have opted in to overdraft services in order to charge overdraft fees.
Trump family calls banking ‘politicized’ as they launch crypto firm
The comments came during a two-hour chat on X Spaces in which Trump and his sons offered a decentralized finance company as an answer for the de-banked.
Banks need to be at the center of Harris’ ‘Opportunity economy’
Vice President and Democratic presidential nominee Kamala Harris' pitch for an "opportunity economy" is a sound political and economic vision. But banks have to be a partner in making that vision into a reality.
FDIC proposes new custodial deposit rule, finalizes merger policy
The FDIC's new custodial deposit rule aims to improve recordkeeping for custodial accounts, while the finalized merger policy would increase regulatory scrutiny for mergers involving the largest banks.
Kasisto, AI provider to banks, brings total funding to $90 million
The company, which counts JPMorgan Chase and TD Bank Group among its customers, has also appointed a new executive chairman.
New poll reveals this political event swayed only a fraction of Harris-Trump supporters
Only a handful of voters say that last week’s presidential debate caused them to reconsider their support for either Vice President Kamala Harris or former President Donald Trump, according to a new national poll. A slew of political pundits and media
Feds open probe into RFK Jr for allegedly decapitating a dead whale
The National Oceanic and Atmospheric Administration (NOAA) opened an investigation into former Independent presidential candidate Robert F. Kennedy Jr. for allegedly decapitating a dead whale 20 years ago, Fox News Digital confirmed. The controversy arose in August after Kennedy’s daughter, Kick