Neil Roland

1 week ago | mlex.com | Neil Roland

By Neil Roland ( April 15, 2025, 21:17 GMT | Insight) -- A Texas federal court vacated a 2024 US Consumer Financial Protection Bureau rule capping credit-card late fees at $8, handing a victory to banking and business groups. The Trump administration’s CFPB and the US Chamber of Commerce had jointly filed the suit in the Northern District of Texas challenging the Biden-era rule.

2 weeks ago | mlex.com | Neil Roland

By Neil Roland ( April 8, 2025, 16:21 GMT | Comment) -- When Michelle Bowman, the nominee to be the US Federal Reserve’s top regulator, appears before the Senate Banking Committee for her Thursday confirmation hearing, she will surely be asked about the impact on bank capital of the market chaos caused by US President Donald Trump’s trade war. Republican Fed Governor Bowman probably won’t be able to offer a precise, up-to-date answer yet because of a paucity of data.

4 weeks ago | mlex.com | Neil Roland

By Neil Roland ( March 26, 2025, 21:52 GMT | Insight) -- Paul Atkins, President Donald Trump’s nominee for US Securities and Exchange Commission chair, and Jonathan Gould, the pick for Office of the Comptroller of the Currency chief, say in prepared remarks to the Senate Banking Committee that they plan to restore innovation to the US financial system. Atkins, a Republican SEC commissioner during the George W.

1 month ago | mlex.com | Neil Roland

By Neil Roland ( March 3, 2025, 22:47 GMT | Comment) -- Continuing its pell-mell practice of overturning Biden administration policies, Trump administration banking regulators issued for public comment a retraction of a 2024 Statement of Policy on Bank Merger Transactions.

1 month ago | mlex.com | Neil Roland

By Neil Roland ( February 25, 2025, 22:13 GMT | Insight) -- Michael Barr, the US Federal Reserve’s top regulator, said stablecoins pose a “significant risk” that calls for congressional legislation.