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Citi Drops Gun Policy

Citi to drop policy restricting services to retail clients selling firearms

Citigroup said on Tuesday it was rolling back a 2018 policy that placed restrictions on providing banking services to retail clients selling firearms, citing recent regulatory developments.

CNN · 10h

Citigroup reverses firearms policy after pressure from Trump administration on big banks

Seven years ago, after the mass school shooting in Parkland, Florida, Citibank became one of the first on Wall Street to make substantive policy changes, enacting rules with companies that sold firearms.

Wall Street Journal · 14h

Citi Drops Gun Policy After Trump Accuses Banks of Discriminating

The president has fueled allegations that banks discriminate on political grounds.

Wells Fargo asset cap lifted, allowing bank to grow

Reuters on MSN · 8h

Wells Fargo escapes Fed's asset cap after seven years, able to pursue growth

Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal Reserve lifted the regulatory measure, allowing the bank to pursue unimpeded growth.

The Financial Times · 11h

Federal Reserve lifts Wells Fargo’s asset cap

The US central bank has removed a long-standing barrier to Wells Fargo’s growth ambitions by scrapping an asset cap imposed on the lender following its “fake accounts” scandal. Wells had met all the conditions required by the Federal Reserve’s 2018 enforcement action for the removal of the asset cap,

Raleigh News & Observer · 7h

Feds lift Wells Fargo $2T asset cap penalty imposed after fake account scandal

The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal milestone.”

1hon MSN

SEC to shape crypto policy with ‘notice and comment,’ says Atkins

SEC Chair Paul Atkins says under his rein, the agency’s crypto policymaking will be done through “notice and comment ...

Crypto News1h

Trump Advisor Kevin Hassett Holds $1M+ Coinbase Stake – What Does This Signal for Crypto Policy?

Trump adviser Kevin Hassett disclosed a $1M stake in Coinbase, raising conflict-of-interest questions as the White House ...

10h

Eversource Energy: Buy Rating Initiated Amid Rate Normalization Catalysts And $79 Price Target

Eversource offers attractive upside as current valuation overstates regulatory risks. Click here to find out why ES stock is ...

How Trump’s Regulatory Rollbacks Are Increasing Costs on Americans

A new DOGE tally claims that erasing rules on credit card fees, appliance standards and health insurance “saves the American ...

15h

Crypto policy trends to watch in 2025: Privacy, development and adoption

The most recent news about crypto industry at Cointelegraph. Latest news about bitcoin, ethereum, blockchain, mining, cryptocurrency prices and more ...

Business Insider Africa on MSN15h

Top 10 African countries leading in ICT policy and regulation

Africa’s digital economy is rapidly evolving, and strong ICT policy and regulatory frameworks are playing a vital role in ...

4don MSN

DOGE's Newly Listed 'Regulatory Savings' for Businesses Have Nothing to Do With Cutting Federal Spending

DOGE says regulatory changes will save $29.4 billion, but that does not amount to a reduction in government outlays, the ...

Crypto News11h

Former Bank of China Executive: Rise of Stablecoin Poses Policy Challenge for China

Former Bank of China executive Wang Yongli warned the rise of USD stablecoin threatens China’s monetary position and urged ...

Cryptopolitan on MSN3d

Pakistan Crypto Council schedules Monday meeting to clarify crypto policy

Pakistan’s Finance Minister Muhammad Aurangzeb has announced a meeting of the Pakistan Crypto Council (PCC) on Monday to ...

Bernews3d

Minister & BELCO On RA, Energy Policy & More

Minister of Home Affairs Alexa Lightbourne and BELCO President Wayne Caines have both commentated on government policy ...

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