While tariff policy has captured headlines, four recent regulatory reform policy developments are nevertheless significant for the financial services industry. These developments are tied to increasing presidential control...more
4/16/2025
/ Administrative Procedure Act ,
Banks ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Executive Orders ,
Financial Institutions ,
Financial Regulatory Reform ,
Popular ,
Regulatory Reform ,
Repeal ,
Tariffs ,
Trump Administration ,
U.S. Treasury
Trump Administration continues aggressive use of Executive Orders to assert Article II powers.
Latest EO will require one of the most extensive regulatory reviews ever....more
On January 21, 2025, Acting SEC Chairman Mark Uyeda announced the creation of a crypto Task Force dedicated to developing a "comprehensive and clear regulatory framework for crypto assets." Acting Chairman Uyeda tasked...more
1/30/2025
/ CFTC ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Executive Orders ,
Financial Regulatory Reform ,
FinTech ,
Pilot Programs ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Trump Administration
We have previously analyzed the recent history of Executive Orders ("EOs") controlling the issuance and content of regulations. As we saw on Inauguration Day 2025, and continue to see, the second Trump Administration is...more
The Trump Administration has embarked on a fundamental shift on how the United States approaches digital assets—in marked contrast with the Biden Administration's policies—likely changing the prospects of the crypto market in...more
1/27/2025
/ Biden Administration ,
Blockchain ,
CFTC ,
Congressional Review Act ,
Cryptocurrency ,
Cyber Crimes ,
Digital Assets ,
Executive Orders ,
Federal Reserve ,
FinTech ,
Liquidity ,
National Security ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Trump Administration ,
U.S. Treasury
Federal banking agencies under a second Trump Administration are expected to be more receptive to industry proposals for bank mergers, acquisitions, and related transactions. We've previously explored national trust banks and...more
1/17/2025
/ Acquisitions ,
Bank Holding Company Act ,
Bank Merger Act ,
Banking Sector ,
CBCA ,
FDIC ,
Federal Reserve ,
Financial Institutions ,
Foreign Banks ,
Investment ,
Investors ,
Mergers ,
OCC ,
Regulatory Agenda ,
Trump Administration
The federal banking agencies under a second Trump Administration are expected to be more receptive to industry proposals geared toward growth. We've previously explored national trust banks to streamline state licensing....more
1/10/2025
/ Banking Sector ,
Banks ,
Compliance ,
FDIC ,
Federal Reserve ,
Financial Institutions ,
FinTech ,
Foreign Investment ,
OCC ,
Regulatory Agenda ,
Trump Administration
As we have previously noted, we expect that the second Trump Administration will be significantly more favorable to crypto than the Biden Administration, especially with the recent appointment of David Sacks as the...more
12/9/2024
/ Accounting Standards ,
Administrative Procedure Act ,
Anti-Money Laundering ,
Banking Sector ,
Confidential Supervisory Information ,
Cryptocurrency ,
Digital Assets ,
FDIC ,
Federal Reserve ,
Innovation ,
OCC ,
Operation Choke Point ,
Policies and Procedures ,
Reputational Injury ,
Risk Assessment ,
Transparency ,
Trump Administration