On May 19, 2026, President Donald Trump signed an Executive Order titled “Integrating Financial Technology Innovation into Regulatory Frameworks” (the “EO”), directing federal financial regulators to ...
On May 20, 2026, the FRB issued a series of Federal Register Notices (collectively, the “Proposal”) that would establish a “payment account” that legally eligible financial institutions could use for ...
Represented by Sidley Austin and Winston & Strawn, BSJI filed a complaint alleging the Federal Reserve was required to maintain its account by 12 U.S.C. §§ 248a (c) (2), which states that Federal ...
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