The National Automobile Dealers Association (NADA) alongside the Texas Automobile Dealers Association (TADA) has filed a federal legal challenge against the FTC’s rule to combat auto retail scams (CARS Rule).

In a move that is intended to lower borrowing costs for homeowners, Fannie Mae plans to expand the acceptance of attorney-opinion letters as an alternative to title insurance.

On January 16, 15 bipartisan Members of Congress submitted a letter to U.S. bank regulators raising concerns over plans to boost lenders' capital requirements to comply with Basel Endgame III.

On January 9, The SEC’s official X account was compromised, during which the account falsely announced the approval of an ETF tied to Bitcoin pricing.

The CFPB is expected to finalize rules on overdraft fees, insufficient funds and credit card late fees later this month.

On December 13, the Federal Reserve Board voted to keep the federal funds rate in the range of 5.25% and 5.5%, a 22-year high.

On December 6, the CEOs of eight of the largest U.S. banks testified before the Senate Banking Committee.

On November 28, the FHFA announced the 2024 conforming loan limit values for Fannie Mae and Freddie Mac (the GSEs).

On November 28, Director of the Consumer Financial Protection Bureau (CFPB) Rohit Chopra testified in a hearing before the House Financial Services Committee followed by the Senate Banking Committee on November 29. The hearing took a comprehensive look at recent rulemakings by the CFPB with Republicans expressing deep concern and a belief they will limit consumer choice and access to credit.

On November 14, under the direction of the FHFA, Fannie Mae and Freddie Mac (the GSEs) each announced a $70 billion cap for multifamily loan purchases in 2024.