Ebrima Santos Sanneh

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While trade groups representing Oklahoma banks argue the failure of Oklahoma-based First National Bank of Lindsay is an isolated incident, some in the industry say it may be a sign of more collapses to come.

Industry groups and consumer advocates are joining forces in support of proposed regulatory changes.

NEW YORK — As the sun set over Manhattan's West Side Thursday, women in finance gathered to recognize progress achieved toward equitable gender representation in the sector.

The Federal Deposit Insurance Corp. and Texas banking regulators issued consent orders against Industry State Bank, Fayetteville Bank, and Citizens State Bank requiring major overhauls of their management, capital, and risk controls.

NEW YORK — New York Congresswoman Claudia Tenney Monday called for the House Ways and Means Committee — of which she is a member — to hold a hearing on the disparate regulation and tax burdens between banks and credit unions.

WASHINGTON — Republicans members of the House Financial Services Committee — including committee chair Patrick McHenry.

The incoming Trump administration is likely to lead to swift turnover at bank regulatory agencies, which would push finalization of for large banks further down the road.

Mobile banking is now the primary access point for nearly half of U.S. households with bank accounts, according to the FDIC's 2023 National Survey of Unbanked and Underbanked Households.

The Financial Stability Oversight Council's approach to systemic risks posed by nonbanks is unlikely to make a significant course correction in the