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State Bankers Associations Announce Industry-Owned Blockchain Network
August 25, 2026 / Source: BANKCHAIN ALLIANCE
8/25/2026 Banks of all sizes to be able to safely offer modern payments services, preserving local lending in communities across the country Today, 39 state bankers associations announced the formation of BankChain Alliance to provide customers across the country secure, modern banking services at financial institutions of all sizes. Representing one of the most expansive…
Interagency Rescission of the Interagency Statement on Special Purpose Credit Programs under the Equal Credit Opportunity Act and Regulation B
August 24, 2026 / Source: FDIC, NCUA, OCC, CFPB, HUD, DOJ, and FHFA
AGENCY: The Federal Deposit Insurance Corporation (FDIC), the National Credit UnionAdministration (NCUA), the Office of the Comptroller of the Currency (OCC), the ConsumerFinancial Protection Bureau (CFPB or Bureau), the Department of Housing and UrbanDevelopment (HUD), the Department of Justice (DOJ), and the Federal Housing FinanceAgency (FHFA) ACTION: Notice. SUMMARY: FDIC, NCUA, OCC, CFPB, HUD, DOJ,…
Treasury Announces the Quantum-Readiness Task Force
August 24, 2026 / Source: U.S. Department of the Treasury
August 24, 2026 WASHINGTON, D.C. —The U.S. Department of the Treasury today announced the launch of the Quantum-Readiness Task Force, following President Donald J. Trump’s Executive Order 14412 establishing guidelines to strengthen cryptographic protections for America’s sensitive data, critical infrastructure, and digital economy. The Task Force supports the Administration’s efforts to secure American innovation; strengthen supply chains; and…
Interest rates remain the same for the fourth quarter of 2026
August 21, 2026 / Source: IRS
IR-2026-98, Aug. 21, 2026 WASHINGTON — The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning Oct. 1, 2026. For individuals, the rate for overpayments and underpayments will be 7% per year, compounded daily. Here is a complete list of the new rates: Under the Internal Revenue…
U.S. Treasury Proposes Common Sense and Low-Cost Investment Rules for Trump Accounts
August 20, 2026 / Source: U.S. Department of the Treasury
August 20, 2026 WASHINGTON, D.C. — The U.S. Department of the Treasury today announced proposed guidance governing eligible investments in Trump Accounts, with a focus on keeping costs low, promoting broad diversification, and helping children’s savings grow over the long term. “Every dollar in a child’s Trump Account should be working toward that child’s financial future, not…
Mortgage Rates Decline for Second Consecutive Week
August 20, 2026 / Source: Freddie Mac
MCLEAN, Va., Aug. 20, 2026 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.65%. “The 30-year fixed-rate mortgage declined this week averaging 6.65%,” said Sam Khater, Freddie Mac’s Chief Economist. “With a dip in rates providing modest relief for homebuyers, it’s important…
READOUT: FinCEN Holds Engagement to Eliminate Hospice Fraud in California
August 19, 2026 / Source: FinCEN
Immediate Release August 19, 2026 LOS ANGELES — On August 17, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) convened law enforcement and financial institutions for an engagement on health care benefits fraud, including the exploitation of hospice care services. Participants discussed new and emerging health care fraud schemes targeting federal and state…
Comptroller Gould Discusses Digital Asset Innovation, GENIUS Next Steps
August 19, 2026 / Source: OCC
News Release 2026-69 | August 19, 2026 WASHINGTON—Comptroller of the Currency Jonathan V. Gould today discussed the Office of the Comptroller of the Currency’s (OCC) work under the leadership of President Donald J. Trump and U.S. Secretary of the Treasury Scott Bessent to support the Administration’s efforts to grow the economy and lead the global digital…
Minutes of the Federal Open Market Committee, July 28–29, 2026
August 19, 2026 / Source: Board of Governors of the Federal Reserve System
The Federal Reserve on Wednesday released the minutes of the Federal Open Market Committee meeting that was held on July 28–29, 2026. The minutes for each regularly scheduled meeting of the Committee are generally published three weeks after the day of the policy decision. The descriptions of economic and financial conditions contained in these minutes…
SEC Proposes New Regulation Crypto Assets
August 18, 2026 / Source: SEC
For Immediate Release 2026-76 Washington D.C., Aug. 18, 2026 — The Securities and Exchange Commission today announced that it proposed new rules, titled “Regulation Crypto Assets,” that would create a clear and fit-for-purpose framework for certain investment contracts involving crypto assets. This proposal follows the Commission’s March 2026 interpretation clarifying how the federal securities laws…
Bridging the Gap: Navigating Regulation E Compliance and the Nacha Rules
August 18, 2026 / Source: Nacha
Financial institutions operating in the ACH Network must navigate a dual compliance framework that is often misunderstood: Regulation E and the Nacha Operating Rules. While related and aligned, these frameworks serve distinct purposes. Compliance success requires understanding how they work together. Regulation E is the cornerstone of consumer protection for electronic fund transfers. It governs…
Treasury Seeks Public Comment on GENIUS Act Proposed Rulemaking
August 17, 2026 / Source: U.S. Department of the Treasury
August 17, 2026WASHINGTON, D.C. — Today, the U.S. Department of the Treasury issued a Notice of Proposed Rulemaking (NPRM), seeking public comment related to Treasury’s implementation of section 3 of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. “President Trump and Congress delivered the GENIUS Act, establishing a landmark framework and clear rules…
The CFPB to Cease Discretionary Publication of Complaint Narratives and Visualizations
August 17, 2026 / Source: CFPB
AUG 14, 2026Washington, D.C. – Today, the CFPB is ceasing publication of unverified complaint narratives and visualizations. As the CFPB has long acknowledged, the publication in the Consumer Complaint Database of unverified complaint narratives and associated data visualizations is entirely discretionary. Many years of experience have demonstrated that the utility of such publication is minimal, while…
Fact Sheet: President Donald J. Trump Expands Capabilities to Combat Transnational Cyber-Enabled Crime
August 17, 2026 / Source: The White House
The White House August 12, 2026 THWARTING CYBER CRIMES: Today, President Donald J. Trump signed a National Security Presidential Memorandum (NSPM) empowering U.S. Federal law enforcement to use cyber tools to disrupt transnational criminal organizations (TCOs) that operate in foreign jurisdictions to attack Americans. DISRUPTING CRIMINALS TARGETING AMERICANS: President Trump is unleashing every available tool to stop…
OCC: Accounting – Bank Accounting Advisory Series Updated
August 15, 2026 / Source: Office of the Comptroller of the Currency
Summary The Office of the Comptroller of the Currency (OCC) today released the 2026 edition of the Bank Accounting Advisory Series (BAAS). The BAAS contains staff responses to frequently asked questions from the banking industry and bank examiners on a variety of accounting topics and promotes consistent application of accounting standards and regulatory reporting among banks.1 The…
Amazon Agrees to $2.25 Million Settlement and Injunction to Resolve Alleged Violations of the Fair Credit Reporting Act
August 15, 2026 / Source: US Department of Justice
The Justice Department announced today that a federal court has entered a stipulated order against Amazon.com Inc., in a case investigated and referred to the Department by the Federal Trade Commission (FTC). The order resolves allegations that Amazon violated the Fair Credit Reporting Act (FCRA), and it requires Amazon to pay a $2.25 million civil…
Ohio Man Pleads Guilty to Laundering Health Care Fraud Proceeds for Transnational Criminal Organization
August 15, 2026 / Source: US Department of Justice
An Ohio man pleaded guilty yesterday to laundering approximately $3.4 million in illicit health care fraud proceeds through multiple regional banks on behalf of a transnational criminal organization (Organization). According to court documents, Eldar Zarbavel, 45, of Pepper Pike, Ohio, was a money launderer for the foreign-based Organization that spearheaded the largest health care fraud…
FinCEN: Beneficial Ownership Information Reporting Requirement Revision
August 15, 2026 / Source: Financial Crimes Enforcement Network (FinCEN), Treasury
FinCEN is issuing this final rule to adopt as final and with certain limited changes the interim final rule issued on March 26, 2025, which narrowed beneficial ownership information (BOI) reporting requirements under FinCEN’s regulations implementing the Corporate Transparency Act (CTA). In particular, this final rule not only continues to exempt reporting companies from having…
Regulatory Agenda: The Consumer Financial Protection Bureau (Bureau or CFPB) is Publishing This Agenda as Part of the 2026 Unified Agenda of Federal Regulatory and Deregulatory Actions.
August 15, 2026 / Source: Federal Register: Consumer Financial Protection Bureau
The Bureau is publishing its Agenda as part of the 2026 Unified Agenda of Federal Regulatory and Deregulatory Actions, which is coordinated by the Office of Management and Budget (OMB) under Executive Order 12866. The agenda lists the regulatory matters that the CFPB reasonably anticipates, as of January 13, 2026, that it will have under…
Member of Maryland National Guard Pleads Guilty to Conspiracy to Commit Money Laundering
August 15, 2026 / Source: Office of Inspector General Federal Deposit Insurance Corporation
Greenbelt, Maryland – A member of the Maryland National Guard acknowledged his involvement in a money laundering scheme in federal court. This conspiracy laundered funds from at least 33 different victims. Alagborenepakake Opuiyo, 32, pled guilty to a superseding information charging him with one count of conspiracy to commit money laundering. Kelly O. Hayes, U.S. Attorney for…
FinCEN Analysis: Financial Institutions Flagged Nearly $5 Billion Linked to Suspected Human Smuggling
August 13, 2026 / Source: Financial Crimes Enforcement Network
Immediate Release August 13, 2026 WASHINGTON—Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a Financial Trend Analysis showing that financial institutions flagged nearly $5 billion linked to suspected human smuggling over a three-year period. The report, which analyzed patterns and trends identified in Bank Secrecy Act (BSA) data between 2023 and 2025,…
READOUT: FinCEN Convenes Public-Private Engagement to Combat Cartels
August 13, 2026 / Source: Financial Crimes Enforcement Network
August 13, 2026 SAN FRANCISCO—On August 10, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) convened law enforcement and financial institutions for an information-sharing engagement to combat cartels. The event was led by Gene Lange, who is performing the duties of the Under Secretary for Terrorism and Financial Intelligence, and Jimmy Kirby, FinCEN’s Deputy…
Assistant Attorney General Colin M. McDonald Issues Memorandum on the National Fraud Enforcement Division’s Enforcement Priorities
August 13, 2026 / Source: US Department of Justice
Assistant Attorney General Colin M. McDonald of the Justice Department’s National Fraud Enforcement Division (the Fraud Division) today released a memorandum regarding the Division’s enforcement priorities. Read the full memo. The Fraud Division has a clear mission: to prosecute fraud in the United States, no matter its size or complexity. This mission is critical to restoring…
Community Reinvestment Act Regulations
August 12, 2026 / Source: Department of the Treasury Office of the Comptroller of the Currency
AGENCY: The Office of the Comptroller of the Currency, Treasury, and the Federal Deposit Insurance Corporation. ACTION: Notice of proposed rulemaking. SUMMARY: The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) are proposing to amend their Community Reinvestment Act rules by making certain substantive, technical, and process-oriented changes…
Treasury, IRS issue guidance on rollovers between retirement plans and individual retirement accounts
August 12, 2026 / Source: IRS
IR-2026-91, Aug. 12, 2026 WASHINGTON — The Department of the Treasury and the Internal Revenue Service today provided guidance to simplify and standardize the rollover process by issuing sample forms for direct rollovers to or from a retirement plan, as required under the SECURE 2.0 Act section 324. Notice 2026-49 PDF provides sample forms and proposed rollover…