Over 100 U.S. Republican senators and representatives urged the U.S. Department of the Treasury and Office of Management and Budget to continue to support and fund the Community Development Financial Institutions Fund.
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The Digital Chamber, a blockchain and digital asset trade association, asked Senate Banking Committee leaders to advance a bill that would increase the dollar thresholds for anti-money laundering reporting.
The American Bankers Association urged federal banking regulators to use a required "decennial review" as an opportunity to provide meaningful regulatory relief and eliminate rules that hinder banks’ ability to serve their customers.
FINRA fined a firm for failing to disclose required mark-up and mark-down information on retail customer confirmations for corporate debt securities transactions.
Treasury Secretary Scott Bessent defended the Department’s actions regarding its plans to provide billions of dollars in private-sector investment to Argentina.