CFPB Returns to Full Open-Banking Rewrite After Cash Infusion

The Consumer Financial Protection Bureau, fresh off a $145 million cash boost, plans to move back to a traditional process ...
JD Supra

Four Themes Emerging from the 2026 ABA Banking Law Committee Meeting

The 2026 ABA Banking Law Committee Meeting held in Washington, DC from January 15-17 delivered significant content in just ...

Bank Urges Second Circuit to Rule Against Federal Reserve's 'Gatekeeping' Over Master Accounts

The Second Circuit is considering whether banks are entitled to Federal Reserve accounts during a politicized moment for the central bank. Sidley Austin's Carter Phillips suggested that ruling against ...
Law

Why the SAFE Banking Act Still Stinks: Third Try Falls Short

Following failed 2019 and 2021 attempts, both the House of Representatives and Senate reintroduced the Secure and Fair Enforcement Banking Act of 2023 (SAFE Banking Act) on April 26. While preferable ...
Forbes

32 Attorneys General Call On Congress To Pass Cannabis Banking Bill

A bipartisan group of 32 state and territorial attorneys general have written a letter to Congress calling on lawmakers to pass legislation to ease access to banking services for legal cannabis ...