Wyoming has big plans for stablecoin
Wyoming is deploying a state-issued stable token to reduce card interchange costs and simplify payments. This initiative aims to enhance payment efficiency for vendors.
Public regulatory intelligence
What changed and why it matters
A source-linked regulatory intelligence feed for Texas credit union compliance and executive leadership. Use it to catch up quickly before diving into the underlying material.
Start with the clearest developments below, then open the original source material when you need the governing detail. The source remains the authority.
Predicting what is ahead for banks
Key points: 1) Banks face challenges and opportunities in multiple key areas. 2) The article discusses trends and predictions for the banking industry, which could impact compliance operations.
Crypto lender Nexo fined $500K by California regulator
Nexo was fined $500K by a California regulator for issuing loans without a state license and failing to consider borrowers' ability to repay. The company claims these issues do not reflect its current operations.
Sunshine Act Meetings
The Sunshine Act requires public meetings and records to be open to the public. Non-exempt meetings must provide notice at least 10 days in advance.
ABA offers recommendations for implementation of new ag lender tax benefit
• ABA recommends specific implementation details for a new tax benefit aimed at lenders serving rural and agricultural communities. • The recommendations were made in response to a tax package passed by Congress last...
High Plains in Colorado to buy First National Bank of Hugo
High Plains Banking Group in Colorado will acquire First National Bank of Hugo; no specific details on compliance or regulatory impact provided.
ABA supports OCC proposal to overhaul community bank licensing requirements
- ABA supports the OCC's proposal to overhaul community bank licensing requirements as part of reducing regulatory burden.
- The proposal aims to streamline and simplify existing licensing processes for community banks.
ABA releases top policy priorities for 2026
The ABA released its 2026 Blueprint for Growth, outlining key policy priorities including regulatory reform and financial services innovation. These priorities will guide the association's advocacy efforts with Congress and the administration.
Kimwolf Botnet Lurking in Corporate, Govt. Networks
The Kimwolf botnet has infected over 2 million devices and can scan local networks for additional targets. It primarily affects residential proxies, especially Android TV streaming boxes, but also compromises corporate and government networks....
ABA, associations seek extension of comment period for FDIC’s Genius Act implementation
The ABA and four other associations have requested an extension of the comment period for the FDIC's proposal on issuing stablecoins through a subsidiary. This request aims to allow more time for stakeholders to...
ABA research: 159 million Americans could lose access to credit under 10% credit card rate cap
A proposed 10% federal credit card interest rate cap could affect 159 million Americans and reduce access to credit, impacting even those with good credit scores. The analysis was conducted by ABA based on...
Trump threatens to sue JPMorgan over debanking
President Trump accuses JPMorgan of incorrectly debanking him over the Capitol riot; denies JPMorgan CEO Jamie Dimon's offer for Fed chair position.
Fifth Third CEO flags acquisition-related cuts
Comerica plans to reduce 184 jobs at its Frisco, Texas location; No direct impact on Texas credit unions.
Big banks continue the hunt for AI-driven efficiencies
Executives from major banks discussed AI investments and their expected payoffs. No specific Texas-related content was mentioned.
Recent news from Treasury’s Office of Foreign Assets Control: January 20
- OFAC has issued recent sanctions-related actions.
- No explicit mentions of Texas or Texas-specific entities.
State legislatures enter their busy season
Possible bills on interchange fees, fraud, AI; 2026 expected to be a busy legislative year for state legislatures.
Democratic senators introduce bill to lower credit card late fee cap
Three Democratic senators have introduced legislation to lower the cap on credit card late fees to $8; this rule was previously implemented during the Biden administration.
Gould suggests easing bank resolution planning requirements
• Comptroller of the Currency Jonathan Gould suggests the FDIC should ease requirements for large banks to submit CIDI plans.
• He also recommends reducing the scope of resolution plans for the largest banks.
Survey: Merchants expand payment options, express interest in crypto
BNPL is now the fourth most accepted form of payment at small businesses; merchants express growing interest in cryptocurrency.
Federal Reserve Board announces approval of application by Banco Inter, S.A.
• Federal Reserve Board approves Banco Inter, S.A.'s application.
• No specific impact or action required for Texas credit unions.
Congress budgets $342M for CDFI Fund in 2026
The Community Development Institutions Fund will receive $324 million in 2026, maintaining current funding levels; no explicit mention of Texas or Texas-specific entities.
Comptroller Gould Discusses Resolution Planning
Comptroller Gould emphasized the importance of resolution planning for banks; highlighted the need for clear communication and coordination among stakeholders during crisis scenarios.
Senator probes BNY for more Epstein info
Sen. Wyden requested details on 18 $1 million wire transfers linked to Jeffrey Epstein and BNY’s KYC procedures; names of individual bankers were also sought.
First Horizon calls out Raleigh as a market of interest
First Horizon has shown interest in acquiring a smaller bank with multiple branches in the Raleigh market; no large acquisitions are currently planned.
Podcast: A Lone Star banking perspective
Texas's economy ranks as the world's eighth-largest; TBA Chairman Ron Butler discusses Lone Star banking perspective.