Banking with Interest

Inside Treasury's Push to Reset Bank Regulation Sep 15, 2026 42:37 Former Treasury undersecretary Jonathan McKernan explains why the department took a more active role coordinating bank regulation and what officials hoped to accomplish with a broader regulatory reset. He also discusses lessons from the 2023 bank failures, changes to capital, liquidity and AML rules, and how AI could reshape deposit competition and the banking system itself.

How Banks Clouded the CLARITY Act's Future Sep 8, 2026 40:25 Brendan Pedersen, financial services reporter for Punchbowl News, breaks down why the CLARITY Act's prospects have deteriorated, including a renewed revolt by community banks over stablecoin yield and growing Democratic resistance to the crypto industry. He also discusses whether crypto's political clout is beginning to fade and a potential challenge to Maxine Waters for leadership of the House Fi

If AI Can't See Your Bank, Does It Really Exist? Aug 4, 2026 35:31 Penny Crosman, American Banker's executive editor for technology, discusses why some banks dominate AI-generated answers while others are nearly invisible, including tackling what community banks can do to improve their visibility.

After Vought's Exit, Will CFPB Return to Normal? Jul 28, 2026 47:18 Over the past year and a half, Acting CFPB Russell Vought has sought to largely shut down the CFPB by severely cutting staff, stopping enforcement actions and cutting back on supervision. But with the nomination of a new director, Brian Johnson, is that about to change? Alan Kaplinsky, senior counsel at Ballard Spahr and author of the Consumer Finance Monitor blog and host of its weekly podcast,

The Affordability Debate Comes for Banks Jul 21, 2026 44:19 Lindsey Johnson, president and CEO of the Consumer Bankers Association, talks about why affordability concerns are putting renewed political pressure on banks over credit card rates, overdraft and late fees. She also tackles the future of the CFPB, open banking, crypto legislation, agentic AI and why she's optimistic in the fight against fraud.

The Big Question for Banks: How Durable Is This Moment? Jun 30, 2026 50:54 Brian Gardner, chief Washington policy strategist at Stifel, tackles how durable the Trump administration's fast-moving regulatory and other changes are likely to be for banks. He discusses what banks still misunderstand about Washington, why the M&A environment is improving, what Kevin Warsh's first press conference signaled, and what the midterm elections could mean for bank regulation if Democr

What Policymakers Still Get Wrong About Housing Finance Jun 24, 2026 44:06 Michael Bright, CEO of the Structured Finance Association and a former head of Ginnie Mae, joins the show to discuss the state of the U.S. housing finance system nearly two decades after the financial crisis. He explains why he does not think the system is fundamentally broken, what policymakers still misunderstand about the secondary mortgage market, and how issues like GSE reform, Basel III, pri

Banks Are Asking the Wrong Question About AI Jun 17, 2026 51:14 Alex Johnson, founder of Fintech Takes, details why many banks are thinking about AI the wrong way. He updates his views on stablecoins vs. tokenized deposits, discusses why fintech competition remains a potent threat to banks and talks about why the bigger issue may be how customers use AI to make financial decisions.

Have Banks Already Lost the Fight Over Stablecoin Yield? Jun 10, 2026 43:59 Banks have fought a comprehensive effort to ensure stablecoins cannot offer yield. But the Senate Banking Committee passed a bill that the banking industry still says falls short. Does that mean banks have lost the fight? Will a crypto market structure bill pass this year? Brendan Pedersen of Punchbowl News offers insights into the current and future state of play.

The New Push to Refocus Bank Supervision Jun 2, 2026 34:43 Andrew Olmem, managing partner of Mayer Brown's Washington office and a former deputy director of the National Economic Council, talks about how the second Trump administration has moved much faster than the first to reshape financial regulation. He discusses why he believes bank supervision became too bureaucratic and too focused on process, how the administration is approaching capital and the F

The New Front in the Swipe Fee Fight May 20, 2026 44:51 Richard Hunt, executive chairman of the Electronic Payments Coalition, discusses the expanding fight over interchange and why the battle is no longer centered only in Washington. He explains what is happening in states like Illinois and Colorado, why the OCC stepped in, and what could happen next in the courts and legislatures.

Is this the End of the Chair-Driven Fed? May 12, 2026 40:07 Nick Timiraos, chief economics correspondent at The Wall Street Journal, discusses the unusually fraught transition now underway at the Federal Reserve. He tackles why Jerome Powell's decision to stay on the board matters, what Kevin Warsh will face if he takes over as chair, and whether the future of the role may be irrevocably altered.

AI Is Coming for Bank Deposits May 7, 2026 34:17 Deposit strategist Neil Stanley sits down with guest host Barb Rehm to discuss how AI is changing depositor behavior, pricing strategy, and the future of bank funding. He explains why static rate sheets and traditional CDs may become increasingly vulnerable as AI tools help customers optimize their cash automatically, and why banks will need more dynamic pricing, personalization, and frontline exp

The Growing Risk of Rogue AI in Banking Apr 29, 2026 38:27 Penny Crosman, executive editor for technology at American Banker, talks about the growing risk of "rogue AI" in banking and why generative and agentic AI have changed the stakes for the industry. She discusses how banks are trying to balance the pressure to adopt AI quickly with the need to control operational, reputational, and cyber risks, including the threat of cascading errors and increasing

Banks Can't Wait on AI, Former OCC Chief Hsu Says Apr 22, 2026 43:45 Mike Hsu, the former acting Comptroller of the Currency, explains how waiting to adopt artificial intelligence has become a risk for banks and their regulators. He discusses why AI does not fit neatly into existing risk frameworks, how agentic AI is changing the cyber threat landscape, and why both banks and supervisors need to get more hands-on with the technology.

The High-Stakes Trap Facing Kevin Warsh Apr 14, 2026 25:31 Sam Sutton, author of Politico's Morning Money, discusses Kevin Warsh's nomination to lead the Federal Reserve and the difficult position he could find himself in almost immediately once confirmed. Sutton breaks down how the conflict with Iran, inflation risks, political pressure from President Trump and the continuing investigation into Jerome Powell are all complicating the transition in leaders

The Battle Over CBDC Has Shifted. The Stakes Haven't. Apr 8, 2026 33:36 Nick Anthony, a policy analyst at the Cato Institute and a leading critic of central bank digital currencies, explains why the CBDC fight is not over even as many in Washington have turned against it. He discusses why some opponents are unhappy with the Senate's proposed ban tucked into the housing bill, why he is suing the government for a Justice Department analysis on the Fed's legal authority,

An Idiot's Guide to Basel III Endgame Mar 25, 2026 37:53 Federal regulators released their third effort at implementing Basel III in three years, with this one taking a radically different approach to the previous two under the last administration. What does this version do and will it stick? John Heltman, Washington Bureau Chief of American Banker, breaks down what has changed, the reaction by banks, and whether we've reached the beginning of the end f

Behind the House-Senate Standoff Over the Housing Bill Mar 17, 2026 33:12 Both the House and Senate have passed bipartisan bills designed to promote housing affordability, but the two chambers are now squaring off with each other over a final version, including whether it should include community bank regulatory relief provisions. Brendan Pedersen, financial services senior policy reporter at Punchbowl News and editor of its Vault newsletter, breaks down the debate, how

The Next Regulatory Swing: Kathy Kraninger on CFPB, AI and Fraud Mar 11, 2026 38:30 Kathy Kraninger has seen the banking system from both sides of the regulatory divide. The former director of the Consumer Financial Protection Bureau and now president and CEO of the Florida Bankers Association joins the show to discuss whether Washington is undergoing a regulatory "recalibration" including everything from whether banks will be required to collect citizenship information to the gr

Why the Fight Over Preemption is Red Hot Again Mar 4, 2026 42:09 Brandon Milhorn, CEO of the Conference of State Bank Supervisors, argues that the Office of the Comptroller of the Currency is pushing beyond its statutory authority in areas including trust charters, stablecoins and mortgage escrow interest. He also discusses the rise of so-called "Franken-charters" and the risks he sees in the growing stablecoin market.

Will the Administration Require Banks to Collect Citizenship Information? Feb 25, 2026 45:47 The Trump administration is considering possible executive action that could require banks to begin collecting citizenship information from new and existing customers, according to a blockbuster scoop in The Wall Street Journal. Dylan Tokar, who cowrote the article for the WSJ, talks about what's behind the effort and what it means for banks. He also discusses the CFTC's battle with state governor

How Fifth Third Thinks About Scale and Risk Feb 11, 2026 44:35 Ben Hoffman, chief strategy officer and head of consumer products at Fifth Third Bank, joins the show to discuss the bank's acquisition of Comerica and what it signals about the future of super-regional banking. He explains why size alone isn't a strategy, why 2023 was less a "regional bank crisis" than a lesson in concentration risk, and how diversification and discipline shape long-term resilien

'All Hell Might Break Loose': The High Stakes for the Fed's Future Jan 27, 2026 35:13 As the Supreme Court weighs the fate of Fed Gov Lisa Cook and the Justice Department launches a criminal probe into Chair Jerome Powell, the future of the U.S. economy may well be at stake. Victoria Guida, economics correspondent and columnist at Politico, goes in depth on how the high court may rule, why the Trump administration upped the pressure on Powell, and who it may appoint as his successo

The Crypto Market Structure Bill Got Shelved. What's Next? Jan 21, 2026 34:59 Bowing to industry pressure, Senate Banking abruptly postponed its vote on the crypto market structure bill last week. Brendan Pedersen, senior policy reporter at Punchbowl News and editor of its Vault newsletter, details the dynamics behind the meltdown. He also discusses the odds for the Trump-led push to curb interchange fees and HFSC Chairman French Hill's efforts to pass community bank reg re

The Anti-Money Laundering Regime Is Broken. Can It Be Fixed? Jan 14, 2026 51:08 Juan Zarate, who helped create the current anti-money laundering regime 25 years ago while working at Treasury, assesses the system's faults and the Trump Administration's push for reforms. He outlines what a better system would look like and handicaps the odds of it happening

What Community Banks Are Facing in 2026 Jan 6, 2026 34:23 Julieann Thurlow, CEO of Reading Cooperative Bank, talks about the opportunities and challenges for community banks this year. She discusses the economic conditions, how community banks can innovate and where she'd like to see changes by policymakers.

All I Want for Xmas Is a OCC Digital Charter Dec 17, 2025 34:46 As the year comes to a close, the OCC approved five crypto-related firms for new charters, a move that could have big consequences for the banking industry writ large. Ian Katz, managing partner at Capital Alpha Partners, discusses why the approvals happened, what they mean, and why banks may sue. He also tackles the other big issues of 2026 - M&A, housing, and deregulation - and makes predictions

Inside the 2025 Bank Reg U-Turn Dec 4, 2025 42:15 It's safe to say 2025 has marked a dramatic change from the Biden-era bank regulatory agenda. The Trump-appointed regulators are talking about rethinking supervision, capital, and the Fed's entire approach to liquidity. What does this mean for banks and the system overall? Karen Shaw Petrou, managing director of Federal Financial Analytics, breaks it down.

Is this the End of the CFPB? Nov 19, 2025 38:25 The Trump administration is refusing to take funds to pay for ongoing operations at the Consumer Financial Protection Bureau, arguing the funding structure is illegal. What does this mean for the agency's future, including its recent efforts to curb the small business lending data rule and define open banking? Kate Berry of American Banker and Evan Weinberger of Bloomberg Law weigh in on what's go

As Crypto Talks Heat Up Again, Can Congress Cut a Deal? Nov 5, 2025 39:00 Senate negotiators have started talking again on a crypto market structure bill after a breakdown in discussions earlier this year. Does the bill have momentum? Brendan Pedersen, the financial services reporter for Punchbowl News, breaks down the latest around the legislation, what it means for banks, and whether bank efforts to close loopholes around stablecoins paying interest have a chance of p

Why Gutting the CDFI Fund Hurts Banks, Communities Oct 22, 2025 31:00 As the government shutdown drags on, the Treasury Department fired the entire staff of the CDFI Fund, a program with substantial bipartisan support. Dennis Ammann, CEO of People's Bank, a CDFI in Mississippi, and Jeannine Jacokes, CEO of the Community Development Bankers Association, discuss the impact on CDFIs nationwide and why it has alarmed lawmakers on both sides of the aisle.

The Battle Over the Fed's Future Oct 8, 2025 41:37 Aaron Klein, senior fellow at the Brookings Institution, explains how the Supreme Court is likely to react to President Trump's efforts to fire Fed Gov. Lisa Cook, and what it means for the central bank's future as well as monetary policy. Klein also details how crypto is fighting banks' attempt to prevent stablecoins from paying interest or rewards.

HFSC Chair Hill on Agenda, Crypto, Fraud & Housing Sep 25, 2025 30:52 More than two dozen bills dedicated to Making Community Banks Great Again have passed House Financial Services Committee. Panel Chair French Hill handicaps which will have the most impact and what is most likely to be enacted. He also discusses the latest on the crypto market structure bill, how regulators can help banks in the fight against fraud, where the payments sector will be in five years,

Anchorage Digital: Inside the First Crypto Bank Sep 9, 2025 38:01 Nathan McCauley, Cofounder and CEO of Anchorage Digital, discusses how his institution obtained the first OCC digital trust charter five years ago, how it has changed his business, and why other crypto firms are rushing to apply for the same charter now. He also discusses stablecoins vs. crypto, and the changing attitudes around debanking.

Stablecoins, Tokenized Deposits and the Race to Win the Future of Money Jul 29, 2025 46:43 Alex Johnson, founder and publisher of FinTech Takes, sorts through what happens now that Congress has passed a new law to regulate stablecoins. Will stablecoins take over finance, and if so, are they a bigger threat to banks or money market mutual funds? What are the use cases for stablecoins vs. tokenized deposits? Can big banks beat stablecoin issuers at their own game?

What the Fight Over Fed's Powell is Really About Jul 22, 2025 29:25 Victoria Guida, economics correspondent and columnist for Politico, talks about President Trump's reported decision – and then quick reversal – of a move last week to oust Jerome Powell as chairman of the Federal Reserve Board. She goes behind the scenes on what the president is telling allies, how GOP lawmakers view the situation, and why firing Powell might not solve Trump's central concerns.

Why Crypto Firms Are Lining Up to Charter Banks Jul 9, 2025 33:30 Crypto firms often pitch themselves as an alternative to and the future of traditional finance. So why are firms like Ripple, Circle, Wise and Erebor attempting to charter banks? Penny Crosman, executive editor for technology at American Banker, talks about what's going on, how regulators will view these applications, and whether banks plan to fight back.

A Backdoor Way to Merge Bank Regulators? Jun 24, 2025 25:47 Todd Phillips, assistant professor at Georgia State University's Robinson College of Business, discusses the latest attempt to merge bank regulatory agencies and what that means for efforts in this area. He also discusses reported discussions by Walmart and Amazon to start stablecoins, and the potential impact on banks.

You Say You Want a (Global Payments) Revolution Jun 17, 2025 45:27 Tom Halpin, the regional head of North America Global Payment Solutions for HSBC, talks about how AI and new technologies are changing domestic and global payments—and what that means both for his bank and the industry. He also tackles where AI can help (or hurt), the status of the FedNow roll out, and concerns around CBDCs and stablecoins.

Are Banks Really Ready for AI? Jun 4, 2025 45:14 Kiah Haslett, banking and fintech editor for Bank Director and FinXTech, talks about how Wall Street giants like Bank of America and community-focused lenders are training their teams to be savvy AI users. She also shares insights about an upcoming FinXTech report on why community banks need a comprehensive data strategy, and federal regulators' decision to abandon reputation risk as a potential t

After a Fraud, this Bank Refused to Give Her Money Back. Now She's the CEO. May 20, 2025 39:01 While serving in the Oklahoma National Guard, Jill Castilla returned home to find a family member had stolen her money. The bank refused to give her the money back. Decades later, she now leads that bank, Citizens Bank of Edmond, and has used it to launch a digital bank aimed at servicemembers to ensure others don't suffer the same fate. She also talks about the policy challenges facing community

Politico's Sutton on China Tariff Deal, Behind the Scenes at Milken May 14, 2025 24:35 Sam Sutton, the author of Politico's Morning Money, discusses the impact of the Trump Administration's recent deal to reduce tariffs on China, and what Wall Street and bankers were worried about — publicly and privately — at last week's Milken Institute gathering.

Inside Dems Surprising Turn Against the Stablecoin Bill May 6, 2025 46:22 Brendan Pedersen, author of Punchbowl News' The Vault, talks about why key Democrats withdrew support for a bill to regulate stablecoins, how House Financial Services Committee GOP are targeting CFPB, and why an effort to overturn the medical debt rule appears to have failed for now.

Is This the End of the Fed and CFPB As We Know Them? Apr 29, 2025 36:07 President Trump is flirting with the idea of firing Fed Chairman Jerome Powell while the administration is attempting to lay off 90% of the CFPB's employees. John Heltman, Washington bureau chief of American Banker, and Kate Berry, the paper's consumer reporter, discuss what's next for these two agencies.

How Tariffs Impact Banks, Bessent's Ambitious Agenda & Stablecoin Fears Apr 16, 2025 31:21 Jaret Seiberg, managing director at TD Cowen, talks about how the uncertain economic environment—and changing policies regarding tariffs—are impacting banks large and small. He also tackles Treasury Secretary Scott Bessent's bank regulatory agenda, whether the Trump administration can successfully accomplish GSE reform and the significant risks to banks from stablecoin legislation.

Why State Regulators Are Worried About Stablecoin Legislation Apr 8, 2025 37:35 Brandon Milhorn, the CEO of the Conference of State Bank Supervisors, details his concerns about bills fast-tracked in Congress that would give regulatory guardrails for stablecoins. The state regulators he represents say it would open the door to mixing banking and commerce, disintermediate banks and give too much power to the federal government.

What the Hell Is Going on with the GSEs? Apr 2, 2025 27:00 Katy O'Donnell, the financial services reporter for Politico, dives into a series of surprising moves by new FHFA Director Bill Pulte, including firing the CEO of Freddie Mac, appointing himself chair of both GSEs, and cutting programs.

What the Hell is Going On: CDFI, CFPB Edition Mar 26, 2025 29:20 The Trump administration unexpectedly targeted the Community Development Financial Institution Fund, touching off concern among bankers and their representatives that the bipartisan program could be eliminated. Ryan Tracy, who covers financial regulation and banking for Capitol Account, explains what happened, why, and the future of CDFIs. We also discuss the latest legal maneuvers surrounding the

How Treasury's Bessent Is Upending Bank Regulation Mar 18, 2025 31:26 Not that long ago, the Treasury secretary mostly took a back seat to the banking agencies in crafting policy, stepping in only during times of crisis. Not anymore. Karen Shaw Petrou, managing partner of Federal Financial Analytics, discusses Treasury Secretary Scott Bessent's expansive view of his own role, why he's taking charge, and what it means for banks.

Zelle Chief on Fraud, Friction and Future Mar 11, 2025 29:11 Cam Fowler, the CEO of Zelle parent company Early Warning Services, talks about the peer-to-peer payment system's rapid growth, the furor around fraud, and its new digital wallet, Paze. Fowler explains how the company is working to make the platform safer for consumers and why he believes shared accountability is the best approach to stopping criminals.

Rep. Lucas on Fed Independence, Bank Supervisory Role Mar 4, 2025 25:31 Rep. Frank Lucas, the chair of a newly created Congressional task force on monetary policy, discusses the panel's agenda and upcoming hearings, the first of which takes place this week. The Oklahoma Republican grapples with two separate questions: should the Fed be independent and should it have a direct role in banking supervision?

What the Hell is Going On, Part II: Merging OCC, FDIC? Feb 26, 2025 32:48 The Trump administration wants to fold the FDIC's bank oversight duties into the OCC without congressional approval. Evan Weinberger, a banking correspondent at Bloomberg Law, details the ramifications for community banks, what's already happening at both agencies, and what may happen next.

What the Hell is Going On? A Banker's Guide to D.C. Feb 20, 2025 44:20 Victoria Guida of Politico and Brendan Pedersen of Punchbowl News sort through how and why the Trump administration is remaking banking regulation. Is the CFPB neutered for the next four years or maybe forever? Will the OCC take over the FDIC's exam functions? Why did big bank CEOs meet with the Senate Banking Committee? What's DOGE up to at Treasury?

Bank Supervision Needs "Complete Change in Focus" Feb 11, 2025 33:51 Greg Baer, the CEO of the Bank Policy Institute, argues that bank supervision has gone off course, focusing on the wrong areas and making the system less safe. He outlines how he and big banks would recommend fixing it. He also discusses stress test and AML reform, new liquidity rules, Basel III, CFPB and more.

Fmr. Sen. Toomey: Why Debanking Crypto Occurred—And How to Solve It Feb 4, 2025 33:12 Former Sen. Pat Toomey, R-Pa., one of the first lawmakers to sound alarms about the debanking of crypto firms , talks about President Trump's accusation that large banks are systemically debanking conservatives, and what he thinks is really going on. That includes how policymakers could fix the issue permanently and why some proposed solutions might backfire.

Rep. Waters on Dem's Strategy, Stablecoins, Housing & More Jan 29, 2025 38:21 Rep. Maxine Waters, lead Democrat on House Financial Services, discusses how the committee and Congress have changed in her long tenure, her relationship with Chair French Hill, and the importance of community banks. She also unveils the Democratic agenda for this Congress, including housing reform, stablecoin regulation and more.

What Community Bankers Want from D.C. Jan 22, 2025 33:33 Brad Bolton, the CEO of Community Spirit Bank in Red Bay, Ala., discusses the state of community banking right now, including what challenges he and other small institutions face and how they hope policymakers can help. He dives into concerns about new small business lending data requirements and other pending regulations, calls for bank consolidation, and what worries him most.

The End of Independent Bank Regulation? Jan 14, 2025 23:59 Michael Barr's surprising decision to step down as Fed vice chair of banking supervision next month allows the incoming Trump administration to make its own pick for the job and raises questions about the political independence of the banking regulators going forward. Andrew Ackerman, senior financial reporter with The Washington Post, walks through the implications for banks and discusses Barr's

OCC's Hsu on Unfinished Business, Reg Restructuring & Dangers Ahead Jan 2, 2025 35:06 Acting Comptroller of the Currency Michael Hsu talks about his three-plus years at the forefront of bank regulation, including what regulators learned from the fall of SVB, why we still need new Basel capital rules, and whether regulatory restructuring would be worth the effort.

What's the Future of the CFPB and FDIC Under Trump? Dec 17, 2024 36:50 Evan Weinberger, the banking reporter at Bloomberg Law, talks about the Trump administration's trial balloon to eliminate the FDIC or combine regulatory agencies. He also goes in-depth on the various fights the CFPB is engaged in, how the Trump administration could choose to tackle them, and what that would mean for banks.

Crypto's Win, Stablecoins' Future & Debanking Debate Dec 12, 2024 45:20 Alex Johnson, the founder and publisher of Fintech Takes, tackles several hot-button topics, including how the crypto industry's election victories will influence the next Trump administration, and why hype around stablecoins as a replacement for banks may be misplaced. He also discusses whether banks are really engaging in debanking as a prominent venture capitalist recently claimed.

What Trump's Treasury Pick Means for Banks, Fed and Wall Street Dec 5, 2024 29:06 Sam Sutton, the primary author of Politico's Morning Money newsletter, goes behind the scenes on why President-elect Trump chose Scott Bessent to lead the Treasury Department. Sutton discusses Bessent's experience and agenda, how his views on tariffs and inflation will play out in the next administration, and how they portend a potential brewing conflict with the Federal Reserve.

Behind Rep. Hill's Plan to Make Community Banks Great Again Nov 26, 2024 44:35 Rep. French Hill, a top contender to lead the House Financial Services Committee, details his plan to help banks, including revamping regulators' approach to M&A, ending Operation Choke Point, and encouraging more de novos. He also discusses his views on Scott Bessent, President-elect Trump's nominee for Treasury secretary, the mood among GOP lawmakers, how the government can confront fraud at ban

CBA's Johnson on CFPB Under Trump, Open Banking and Junk Fees vs. Junk Facts Nov 21, 2024 37:12 Lindsey Johnson, CEO and president of the Consumer Bankers Association, talks about how the CFPB may change under the second Trump administration. Will a Trump-appointed CFPB director roll back the recently finalized open data rule? What happens for banks and consumers if that rule is left to stand? She also tackles the future of the agency's overdraft proposal and small business lending rule.

The Massive Implications for Banks from the GOP's Sweeping Victory Nov 13, 2024 43:45 With Republicans set to control the White House, Senate, and House next year, Victoria Guida of Politico and Brendan Pedersen of Punchbowl News dive into the implications for financial services companies. That includes what it means for the Fed, including whether President-elect Trump might try to oust Chair Jerome Powell, and what kinds of leaders will take the reins of the Congressional banking

How Generative AI Agents Could Threaten Financial Stability Nov 5, 2024 37:22 The rise of generative AI agents have promised consumers a better, safer future. But what happens if those agents act in ways that destabilize the system, causing bank runs or better enable bad actors to commit fraud or hack financial institutions? Todd Phillips, assistant professor at Georgia State University's Robinson College of Business, talks about his new paper looking into how AI could wrea

How CFPB's Open Data Rule Will Impact Banks Oct 30, 2024 43:26 Kate Berry, a reporter for American Banker, and Christopher Williston, the CEO of the Independent Bankers Association of Texas, go in-depth to discuss the CFPB's final Section 1033 rule, which implements open banking. They tackle which institutions are most at risk from the final rule, why trade groups are suing to block it, and how the CFPB is responding to bank fears it will spur more fraud.

How Russia Targets Banks, Wall Street Oct 23, 2024 45:16 Eamon Javers, a senior Washington correspondent for CNBC, talks about his new podcast, "The Crimes of Putin's Trader," and how Russia is using hackers to infiltrate banks and Wall Street. He goes behind the scenes on the case of Vladislav Klyushin, who was convicted by the U.S. of insider trading, how he was traded back this summer to Russia, and what it means for financial firms here.

What the 2024 Election Means for Bankers Oct 16, 2024 41:42 Cam Fine, former CEO and president of ICBA, and Ed Yingling, former CEO and president of ABA, discuss and debate the possible outcomes of the election—Presidential, House and Senate—and what they could mean for banking policy.

Do Regulators Want to Kill Banking-as-a-Service? Oct 9, 2024 44:57 Jason Mikula, publisher of Fintech Business Weekly, talks about the ongoing fallout from the failure of fintech Synapse, and banking regulators' efforts to ensure it can't happen again. Are regulators going too far? Is this the end of banking-as-a-service?

Bill Huizenga on AI, Dangers of Activist Investors & CFPB Overreach Oct 1, 2024 30:36 Rep. Bill Huizenga, R-Mich., the chair of the House Financial Services oversight subcommittee, talks about his agenda if selected as GOP leader of the full panel next year, including looking deeper at artificial intelligence, regulating crypto, and fixing housing. He also talks about his focus on reining in activist investors, what he wants to see the next CFPB director tackle and the limitations

The Potential "Perverse" Consequences for Banks of New M&A Policies Sep 24, 2024 35:42 Karen Shaw Petrou, managing partner of Federal Financial Analytics, details how new guidelines by federal regulators to curb M&A could inadvertently increase the market power of the biggest banks and Big Tech.

How FHLBs See the Battle Over Reform Sep 18, 2024 49:02 Ryan Donovan, the head of the Council of Federal Home Loan Banks, pushes back against criticisms that the government-sponsored enterprises have strayed from their mission. He outlines what the FHLBs want as part of a reform effort by their regulator.

Andy Barr on Fair Access Law for Banks, Basel III's Finale, Reg Relief and M&A Reform Sep 10, 2024 38:15 Rep. Andy Barr, the chair of the House financial institutions subcommittee, discusses why he should lead Republicans on the Financial Services Committee next year. He offers a preview of his agenda, including pushing legislation that would prevent banks from denying legal businesses access to financial services and why large institutions are suddenly supporting it. He also details what changes reg

Inside the "Summer of Small Cuts" for Banks Sep 4, 2024 32:27 Jaret Seiberg, managing director of TD Cowen's Washington Research Group, discusses the many policy changes facing banks this summer, including the FDIC's brokered deposit proposal, the Fed's new FAQ on the discount window, a Texas court decision on the small business rule, and the new uncertainties the election poses for the industry.

Inside the CFPB's Sprint to the Finish Line Jul 31, 2024 49:36 Alex Johnson, founder of Fintech Takes, discusses the CFPB's race to complete as many regulatory initiatives – on earned wage access products, open data, privacy and more – ahead of the November election. And he talks about why banking as a service has turned into a "high-wire act without a safety net" in the wake of the Synapse bankruptcy.

French Hill on Crypto Reg, Housing Reform, SVB Lessons & Bank Consolidation Jul 24, 2024 36:29 Rep. French Hill, one of the leading candidates to chair the House Financial Services Committee next year, makes his case for the job, discussing how his former role as a bank CEO would help guide his agenda. He talks about why he's worked so hard on crypto and stablecoin regulation bills, his vision for housing reform, the lessons of SVB, the end of Chevron deference, and his concerns on bank con

The Titanic Shift in Banking Policy Ahead Jul 17, 2024 41:50 Claire Williams, Capitol Hill reporter for American Banker, and Brendan Pedersen, who covers financial services for Punchbowl News, discuss the latest on financial policy. Will Christy Romero Goldsmith be confirmed to lead the FDIC? Is Basel III Endgame dead? How could Sen. J.D. Vance as vice president impact bank policy going forward?

A Looming Crisis in CRE? What Bankers Need to Know Jul 9, 2024 44:15 Phil Mobley, national director of office analytics for CoStar, the leading firm when it comes to commercial real estate, talks about how the market has changed in the wake of the pandemic. He discusses the trends right now, where the market is headed, and what risk office CRE poses to banks.

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