Over the past few years, one of the more noteworthy types of new financial services rules at the state level has been the so-called fair access to banking law. Concerns about ideological debanking have gained political...more
8/15/2025
/ Banking Sector ,
Banks ,
Consumer Protection Laws ,
Enforcement ,
Fair Access to Credit ,
Federal Reserve ,
Financial Institutions ,
New Legislation ,
OCC ,
Regulatory Oversight ,
Regulatory Reform ,
State and Local Government ,
State Legislatures
Late last year, we predicted that the Trump administration would bring federal action to target de-banking, and on August 7, 2025, President Trump signed a much-anticipated executive order to address the issue. Banks and...more
In an October 2023 advisory opinion, the Consumer Financial Protection Bureau (CFPB) put large banks and credit unions on notice that the use of chatbots and other technologies could increase the risk of violating federal law...more
On Tuesday, February 27, 2018, the Federal Reserve proposed to modify its guidelines and processes that institutions may rely upon to appeal an adverse material supervisory determination. The proposal also seeks to modify the...more