The Congressional Research Service reviewed implementation issues concerning the Financial Data Transparency Act and new data standards required under the law.

Joint Economic Committee Chair David Schweikert introduced a bill in the House to authorize the use of "letters of marque" to target foreign cybercriminals and transnational hacker networks.

In a letter posted on Truth Social, President Donald Trump said he removed Federal Reserve Governor Lisa Cook from her position "effective immediately."

The American Bankers Association urged the Department of Housing and Urban Development to refrain from changing underwriting standards for FHA-insured loans until more data is available on the risks associated with Buy Now, Pay Later products.

The Fifth Circuit remanded, for further consideration by the SEC, two recent SEC rules on securities lending and short selling. The appellate court held that the agency failed to account for the combined economic impact of the rules.