Senator Cynthia Lummis’s leadership of the Senate Banking Subcommittee on Digital Assets marks a pivotal shift in U.S.

Headquartered in Washington, D.C., the OCC is an independent bureau within the Treasury Department. It is in charge of ...

FDIC cut 10% of staff as Trump's federal downsizing effort advances, fueling concerns over oversight and potential agency ...

President Trump sent a new list of nominations to the Senate on Tuesday, unveiling his picks to lead several key financial regulatory agencies in his second administration. Jonathan McKernan was ...

Citigroup mistakenly credited a customer's account $81 trillion instead of $280 in April 2024, and multiple employees missed ...

Citigroup credited $81 trillion to a customer’s account, instead of just $280, and took hours to reverse the transaction — an ...

It's only natural banks are going to make some mistakes given the number of transactions they handle on a daily basis.

The Office of the Comptroller of the Currency is the latest federal banking agency to let go of probationary employees.

Two co-workers even approved the astronomical sum – more than 20 times the UK’s GDP – before it was sent to the client’s ...

Wells Fargo & Company’s WFC 2018 consent order related to its compliance risk management program was terminated by the Office of the Comptroller of the Currency (OCC). This is the 10th consent ...