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Banking Sector › Trump Administration › Administrative Procedure Act

Orrick, Herrington & Sutcliffe LLP

NCUA board members challenge unprecedented removal by President Trump

Orrick, Herrington & Sutcliffe LLP on

On April 28, a complaint was filed in the U.S. District Court for the District of Columbia, challenging the removal of two Senate-confirmed members of the NCUA Board by President Trump. The plaintiffs allege that their...more

Bradley Arant Boult Cummings LLP

Kansas Bank's Suit Could Upend FDIC Enforcement Authority

Bradley Arant Boult Cummings LLP on

On Nov. 19, 2024, the Federal Deposit Insurance Corp. issued a notice of assessment finding that between December 2018 and August 2020, CBW Bank — a single-branch bank in Weir, Kansas — failed to maintain an adequate...more

Davis Wright Tremaine LLP

"Operation Chokepoint 2.0": De-banking policies and the adverse use of reputational risk in bank supervision

Davis Wright Tremaine LLP on

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

K&L Gates LLP

The Post-Election FinTech World: Are Happy Days (for Bankers) Here Again?

K&L Gates LLP on

In the days following the U.S. federal elections that resulted in the election of Donald Trump as President and Republican control of the 115th Congress, FinTech companies, banks, and other financial institutions are...more

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