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

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 has mistakenly credited a client with $81trn instead of $280, exposing serious lapses in its internal transaction ...

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

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

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

The Federal Deposit Insurance Corp. cut between 600 and 700 of its employees as President Trump's federal downsizing effort ...

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

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

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 ...