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President Trump Signs Executive Order to Strengthen American Leadership in Digital Financial Technology

On January 23, 2025, President Donald Trump signed an executive order laying out his new administration’s vision on digital assets (the Order). The Order reflects Trump’s oft-repeated commitment to make the United States the...more

CFPB Proposes Significant Expansion in Scope of EFTA and Regulation E

On January 10, 2025, the Consumer Financial Protection Bureau (CFPB or Bureau) issued a proposed interpretive rule that would expand the Bureau’s consumer protection authority under the Electronic Fund Transfer Act (EFTA) and...more

Treasury Department Issues Comprehensive Assessment of US Money Laundering and Terrorist Financing Risk

For the first time in a decade, the Treasury Department has released its own anti–money laundering (AML) and terrorist financing Risk Assessments, which may both set a strategic framework for future AML regulatory...more

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