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Treasury Targets Iran-Venezuela Weapons Trade
January 1, 2026 / Source: US Department of the Treasury
December 30, 2025 Sanctioned Company Linked to Sale of Millions of Dollars’ Worth of Combat Drones to Venezuela WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is targeting 10 individuals and entities based in Venezuela and Iran, including a Venezuelan company that has contributed to Iran’s unmanned aerial vehicle…
The Consumer Credit Card Market
January 1, 2026 / Source: Consumer Financial Protection Bureau
This report represents the CFPB’s seventh biennial review of the consumer credit card market as directed by the Credit Card Accountability Responsibility and Disclosure Act of 2009. In this report, we analyze data from several sources to examine many aspects of the consumer credit card market as of the end of 2024. We revisit topics…
Community Reinvestment Act: Revision of Small and Intermediate Small Bank and Savings Association Asset Thresholds
December 23, 2025 / Source: Office of the Comptroller of the Currency
Summary The Office of the Comptroller of the Currency (OCC) announced revisions to the asset-size threshold amounts used to define “small bank or savings association” and “intermediate small bank or savings association” under the Community Reinvestment Act (CRA) regulation (12 CFR 25 (March 29, 2024)). The thresholds—which apply to any national bank, federal savings association,…
OCC Requests Comments on Proposed Amendments to Heightened Standards
December 23, 2025 / Source: Office of the Comptroller of the Currency
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today issued for public comment a notice of proposed rulemaking to amend its guidelines relating to heightened standards for insured national banks, insured federal savings associations, and insured federal branches (covered banks). The proposal would increase the average total consolidated assets threshold at which the guidelines…
Semi-Annual Report Fall 2024
December 23, 2025 / Source: Consumer Financial Protection Bureau
DEC 22, 2025 The Consumer Financial Protection Bureau is pleased to present our Semi-Annual Report to Congress for the period beginning April 1, 2024 and ending September 30, 2024, except where otherwise noted. This report also provides the information required by The Truth in Lending Act, the Electronic Fund Transfer Act, and the Credit Card…
2024 Financial Literacy Annual Report
December 23, 2025 / Source: Consumer Financial Protection Bureau
DEC 23, 2025 The 2024 Financial Literacy Annual Report describes the CFPB’s financial literacy activities and strategy to improve the financial literacy of consumers. This year’s report includes information about the need for youth financial education and how the CFPB supports those programs. Full report Read the full report
Tren De Aragua Members and Leaders Indicted in Multi-Million Dollar ATM Jackpotting Scheme
December 22, 2025 / Source: US Department of Justice
UPDATED – United States Attorney Lesley A. Woods announced that a federal grand jury in the District of Nebraska has returned two indictments charging 54 individuals for their roles in a large conspiracy to deploy malware and steal millions of dollars from ATMs in the United States, a crime commonly referred to as “ATM jackpotting.” An…
SEC Charges Three Purported Crypto Asset Trading Platforms and Four Investment Clubs with Scheme That Targeted Retail Investors on Social Media
December 22, 2025 / Source: US Securities and Exchange Commission
Defendants misappropriated $14 million from retail investors using fake trading and fake offerings For Immediate Release 2025-144 Washington D.C., Dec. 22, 2025 — The Securities and Exchange Commission today filed charges against purported crypto asset trading platforms Morocoin Tech Corp., Berge Blockchain Technology Co. Ltd., and Cirkor Inc. and investment clubs AI Wealth Inc., Lane…
Proposed Guidance and Request for Comment: Community Reinvestment Act: Simplified Strategic Plan Process for Community Banks
December 22, 2025 / Source: Office of the Comptroller of the Currency
The Office of the Comptroller of the Currency (OCC or agency) is proposing supplemental guidance on a simplified strategic plan process for community banks interested in requesting that the OCC evaluate their Community Reinvestment Act (CRA) performance under a strategic plan. The proposed simplified strategic plan process is designed to make the strategic plan option…
FinCEN Announces Data-Driven Border Operation to Address Potential Money Laundering
December 22, 2025 / Source: US Department of the Treasury
December 22, 2025 Operation Enabled by Secretary Bessent’s Push for Technology Modernization WASHINGTON— Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced a multi-tiered operation targeting more than 100 U.S. money services businesses (MSBs) operating along the southwest border. These MSBs—which provide financial services outside of a formal bank—are being examined for…
States Sanction Mortgage Loan Originator for SAFE Act Violation
December 22, 2025 / Source: Conference of State Bank Supervisors
Dec 22, 2025 Download PDF Washington, D.C. – A mortgage loan originator has received serious sanctions and fines after settling with 21 state financial regulatory agencies that accused him of directing another person to take required education on his behalf and taking the credit for himself. Under the settlement, Patrick Terrance Donlon (NMLS ID 785311), who…
Department of Justice Files Statement of Interest Supporting Competition Among Real Estate Brokerages
December 21, 2025 / Source: US Department of Justice
Today, the Antitrust Division of the Department of Justice filed a statement of interest in the U.S. District Court for the Eastern District of Pennsylvania in the case of Davis et al. v. Hanna Holdings Inc. The lawsuit, brought by homebuyers, alleges that real-estate brokerages and their trade association, the National Association of Realtors, entered into anticompetitive agreements that…
Treasury Convenes Financial Institutions and Law Enforcement to Identify and Dismantle Money Laundering Networks
December 21, 2025 / Source: Financial Crimes Enforcement Network
Immediate Release December 19, 2025 WASHINGTON—The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) held a FinCEN Exchange, a public-private partnership event aimed at countering illicit finance. The event—which convened global financial institutions, federal law enforcement agencies, and Treasury officials—focused on denying individual Chinese money launders access to the U.S. and global financial systems….
Federal Reserve Board publishes its biennial report on debit card transactions, which summarizes information collected from large debit card issuers and payment card networks
December 21, 2025 / Source: Board of Governors of the Federal Reserve System
The Board on Friday published its biennial report on debit card transactions, which summarizes information collected from large debit card issuers and payment card networks. The report, required by law, provides data on interchange fees, issuer costs, and fraud losses related to debit card transactions performed in 2023. Interchange fees are paid by merchants to…
Notice of Proposed Rulemaking: Approval Requirements for Issuance of Payment Stablecoins by Subsidiaries of FDIC-Supervised Insured Depository Institutions
December 21, 2025 / Source: Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is soliciting comments on a proposal that would establish procedures to be followed by an insured State nonmember bank or State savings association (each, an FDIC-supervised institution) that seeks to obtain FDIC approval to issue payment stablecoins through a subsidiary pursuant to the Guiding and Establishing National Innovation for…
Treasury Targets Family Members and Associates of Maduro Regime
December 21, 2025 / Source: US Department of the Treasury
December 19, 2025 WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned several family members and associates of the Maduro-Flores family. This action further targets the narco-corruption structure that sustains Nicolás Maduro’s illegitimate regime, namely the familial networks of Carlos Erik Malpica Flores (Malpica Flores) and Ramon Carretero Napolitano…
OCC Issuances: Rescissions
December 18, 2025 / Source: Office of the Comptroller of the Currency
Summary The Office of the Comptroller of the Currency (OCC) has performed a review of its issuances to identify issuances for rescission. This bulletin rescinds 55 outdated or replaced OCC issuances published between 1983 and 2023 and 21 transmittal (or cover) bulletins issued between 2003 and 2023. Note for Community Banks While this bulletin is…
OCC and FDIC Statement Regarding the Status of Certain Investment Funds and Their Portfolio Investments for Purposes of Insider Lending Restrictions and Related Reporting Requirements
December 18, 2025 / Source: Federal Deposit Insurance Corporation
Summary: The Office of the Comptroller of the Currency (“OCC”) and the Federal Deposit Insurance Corporation (“FDIC” and, together with the OCC, the “agencies”) are issuing the attached statement to clarify supervisory expectations for OCC-supervised institutions’ and FDIC-supervised institutions’ compliance with insider lending restrictions and related reporting requirements with respect to certain types of related…
Treasury Increases Pressure on Iran’s Sanctions-Evading Shadow Fleet
December 18, 2025 / Source: US Department of the Treasury
December 18, 2025 WASHINGTON—Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is placing further pressure on the Iranian shadow fleet, which exports Iranian petroleum and petroleum products through deceptive shipping practices. OFAC is targeting 29 shadow fleet vessels and their respective management firms that have transported hundreds of millions of…
OCC Issues CRA Simplified Strategic Plan to Reduce Regulatory Burden for Community Banks
December 17, 2025 / Source: Office of the Comptroller of the Currency
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today issued proposed guidance for a simplified strategic plan process for community banks to comply with the Community Reinvestment Act (CRA). The OCC’s action builds on a series of reforms the OCC announced in October and November to reduce burden and tailor examination activities for community banks. “Community banks are…
Secretary Bessent Orders Sanctions Against Violent Mexican Cartel
December 17, 2025 / Source: US Department of the Treasury
December 17, 2025 WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the Cartel de Santa Rosa de Lima (CSRL), which derives the vast majority of its illicit revenue from fuel and oil theft in the Mexican state of Guanajuato. The violent conflict between CSRL and the notorious Mexican terrorist Cartel…
OCC’s Semiannual Risk Perspective Highlights Key Risks in Federal Banking System
December 16, 2025 / Source: Office of the Comptroller of the Currency
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today reported the key issues facing the federal banking system in the Semiannual Risk Perspective for Fall 2025. The OCC reported that the strength of the federal banking system remains sound. Balance sheets remain satisfactory with high capital and liquidity ratios that are well-positioned to absorb potential stress….
FDIC Approves Proposal to Establish GENIUS Act Application Procedures for FDIC-Supervised Institutions Seeking to Issue Payment Stablecoins
December 16, 2025 / Source: Federal Deposit Insurance Corporation
WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved a notice of proposed rulemaking that would implement the application provisions under the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). The GENIUS Act allows insured depository institutions to issue payment stablecoins through a subsidiary and to engage in certain related…
FDIC Board of Directors Approves Final Rule on Establishment and Relocation of Branches and Offices
December 16, 2025 / Source: Federal Deposit Insurance Corporation
WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved a final rule to streamline the processes for the establishment and relocation of domestic branches and main offices. The final rule is intended to improve the speed and certainty of, and reduce the regulatory burden associated with, branch and main office filings….
Notice and Request for Comment: Regulation Q; Regulatory Capital Rule: Agency Information Collection Activities: Information Collection Renewal; Comment Request; Reg E-Prepaid Accounts
December 16, 2025 / Source: Office of the Comptroller of the Currency
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to,…