LexRegPulse Daily

Alex here. This is Lex Reg Pulse Daily for Saturday, July 11, 2026. The 21st Century ROAD to Housing Act became law overnight — not by signature, but by the expiration of the presidential veto window at midnight Friday. That procedural fact matters because it makes three community bank provisions operative immediately, and deposit-operations teams no longer need to stage policies for rules that ar...

Alex here. This is Lex Reg Pulse Daily for Friday, July 10, 2026. The week's defining move came from the OCC. Circle Internet received final approval to establish First National Digital Currency Bank, N.A. — a federally chartered national trust bank, and the first major dollar stablecoin issuer to complete the OCC's full chartering process. That's the lead. Everything else this week...

Morgan here. This is Lex Reg Pulse Daily for Thursday, July 9, 2026. The CFPB opened a deregulatory front on mortgage lending today — and that is the story shaping the week. The Bureau issued a request for information on unwinding the rules that govern how homes are financed. It is the first concrete action under Executive Order 14393, signed March 13, directing the Bureau to cut origination costs...

Alex here. This is Lex Reg Pulse Daily for Wednesday, July 8, 2026. Five federal agencies moved together on anti-money-laundering rules yesterday — the Federal Reserve, OCC, FDIC, CFPB, and FinCEN — and the proposal they released reframes what examiners will actually look for. That is the story of the day. The interagency proposal would reorient Bank Secrecy Act program requirements away from docu...

Morgan here. This is Lex Reg Pulse Daily for Tuesday, July 7, 2026. The week's defining story is a redrawing of the regulated financial perimeter — from the outside in and the top down simultaneously. Klarna is filing for a bank charter. The Supreme Court has loosened White House control over the agencies that grant those charters. And the Senate has two weeks to decide whether stablecoin yie...

Alex here. This is Lex Reg Pulse Daily for Monday, July 6, 2026. The federal architecture for stablecoins is starting to look like bank supervision — and that is the story shaping the week. The OCC has proposed Bank Secrecy Act and sanctions-compliance standards for permitted payment stablecoin issuers under the GENIUS Act framework. Stablecoin settlement volume hit a record in June. Congress adva...

ALEX: You're listening to the Lex Reg Pulse Weekly for the week of June 29 through July 6, 2026. I'm Alex. MORGAN: And I'm Morgan. Here's what mattered this week. ALEX: The Supreme Court handed the Federal Reserve a win this week — but it was a 5-4 win that came with a warning label attached, and the doctrine it dismantled in the process may matter more than the outcome it reac...

Alex here. This is Lex Reg Pulse Daily for Saturday, July 4, 2026. The headline this holiday weekend is a credibility problem, not a regulatory action. Open Standard's Open USD stablecoin consortium — pitched as a 140-plus member coalition of banks, payment firms, and asset managers — is facing public disavowals from named founding members before it has cleared its first week. That is the ban...

Alex here. This is Lex Reg Pulse Daily for Friday, July 3, 2026. The lead story this week is the effective death of the 2023 Community Reinvestment Act overhaul. The OCC and FDIC have withdrawn from the Fifth Circuit appeal defending the Biden-era interagency rule. The Federal Reserve is moving toward outright repeal. For compliance and community-development teams that spent two years rebuilding d...

Morgan here. This is Lex Reg Pulse Daily for Thursday, July 2, 2026. The day's most actionable story for banking professionals is a cluster: a Fed Chair narrowing the rate-decision window to four weeks, a CFPB rescission that removes interpretive cover from active fair-lending programs, and a payments study that reshapes where fraud and resilience investment should concentrate. Here is what e...

Alex here. This is Lex Reg Pulse Daily for Wednesday, July 1, 2026. The stablecoin market shifted structurally yesterday. More than 140 firms — Visa, Mastercard, American Express, BNY, BlackRock, Google, Stripe, Coinbase, and Ripple among them — backed a new dollar stablecoin called Open USD, run by an independent company called Open Standard. The design breaks from incumbents: user-governed, zero...

Morgan here. This is Lex Reg Pulse Daily for Tuesday, June 30, 2026. The Supreme Court handed down two companion rulings Monday that split the banking regulatory world in a precise and consequential way. The Federal Reserve's independence held. The broader doctrine protecting agency heads did not. That combination defines the regulatory landscape for the rest of this administration and beyond...

Alex here. This is Lex Reg Pulse Daily for Monday, June 29, 2026. The week's defining banking story is structural, not procedural. Roughly 4,000 community lenders have organized a coordinated lobbying campaign against the GENIUS Act's stablecoin framework — and the argument they're taking to Capitol Hill cuts to the funding model of local banking. If households shift retail deposits...

ALEX: You're listening to the Lex Reg Pulse Weekly for the week of June 22nd through June 29th, 2026. I'm Alex. MORGAN: And I'm Morgan. Here's what mattered this week. ALEX: The Fed's 2026 supervisory stress test cleared all 32 large bank holding companies — and within hours, the capital-return announcements started landing. JPMorgan, Goldman Sachs, State Street — dividend...

Alex here. This is Lex Reg Pulse Daily for Saturday, June 27, 2026. The lead today is a joint SEC and CFTC action that could reshape how derivatives desks fund their books. The two agencies published a request for public comment on June 26, asking how to harmonize portfolio margining across securities, security-based swaps, futures, and related positions. Comments are due August 25. Here is what i...

Alex here. This is Lex Reg Pulse Daily for Friday, June 26, 2026. The FDIC moved Thursday to reduce the cost and complexity of being a large insured bank — and that package of three proposed rules is the story of the day. Alongside it, a nine-agency data-standards mandate just became final, the OCC rewrote its credit-risk examination handbook, and the Federal Reserve cleared a fintech enforcement...

Morgan here. This is Lex Reg Pulse Daily for Thursday, June 25, 2026. The Federal Reserve's stress test results cleared the way for the largest wave of capital returns in years. All 32 large bank holding companies passed. JPMorgan, Goldman Sachs, and State Street moved within hours to raise dividends and expand buybacks. That's the headline. The subtext matters more for capital planning...

Alex here. This is Lex Reg Pulse Daily for Wednesday, June 24, 2026. The most consequential community-banking legislation in nearly a decade has cleared Congress. The 21st Century ROAD to Housing Act passed the House and now goes to President Trump for signature. What compliance and treasury teams have been tracking as a bill becomes imminent statute — and the changes are substantial. Section 903...

Morgan here. This is Lex Reg Pulse Daily for Tuesday, June 23, 2026. The federal stablecoin framework took its most concrete supervisory shape yet Monday. The OCC issued a Notice of Proposed Rulemaking — a formal draft rule — requiring permitted payment stablecoin issuers under its supervision to run full bank-grade anti-money-laundering programs, sanctions screening, and regulatory reporting. Com...

Alex here. This is Lex Reg Pulse Daily for Monday, June 22, 2026. The lead story this week is not a single rule — it is a structural shift in how the Federal Reserve communicates policy, and the cost of that shift is landing on bank balance sheets right now. Chair Kevin Warsh has confirmed a broad review of the Fed's framework and communications is underway. The June 17 statement dropped the...

ALEX: You're listening to the Lex Reg Pulse Weekly for the week of June 15 through June 22, 2026. I'm Alex. MORGAN: And I'm Morgan. Here's what mattered this week. ALEX: The stablecoin era just got its first hard compliance edge. Five federal regulators — the Fed, FDIC, OCC, NCUA, and FinCEN — jointly proposed on June 18 that permitted payment stablecoin issuers run customer id...

Alex here. This is Lex Reg Pulse Daily for Saturday, June 20, 2026. The lead today is the stablecoin supervisory framework, which gets its next concrete milestone Monday. The Iran accord collapse is real and consequential for sanctions and trade-finance desks — we'll cover it — but the five-agency customer identification proposal hitting the Federal Register is the development with the broade...

Alex here. This is Lex Reg Pulse Daily for Friday, June 19, 2026. Five federal regulators moved together Thursday to bring stablecoin issuers inside the Bank Secrecy Act. That joint action is the story of the week — and it carries direct implications for every bank exploring digital-asset partnerships. Alongside it: a Hizballah sanctions expansion with a 10-business-day clock, a polarized capital-...

Morgan here. This is Lex Reg Pulse Daily for Thursday, June 18, 2026. Kevin Warsh's first Federal Open Market Committee meeting as Federal Reserve Chair delivered the regime change he promised — and the market reaction tells you everything about what changed. The Committee held the federal funds rate at 3.5 to 3.75 percent, a unanimous 12-0 vote, the fourth straight hold. The rate decision wa...

Alex here. This is Lex Reg Pulse Daily for Wednesday, June 17, 2026. The fair-lending rulebook tightened today. The CFPB's rescission of its 2020 special purpose credit program guidance is effective this morning, and any bank running a targeted-lending program built around race, national origin, or sex as eligibility criteria is out of compliance as of now. That is the story banks need to act...