Federal Reserve

Policy

Living Wills Clear Fed Review as Big Banks Fix Derivatives Weaknesses

Living wills cleared a new Fed and FDIC review after major U.S. banks fixed derivatives weaknesses, strengthening confidence in how regulators could unwind Wall Street firms during a future crisis.

Samuel Berrit OlamMay 24, 2026

Policy

Payment Account Proposal Opens a New Path to Fed Rails for Fintechs

Payment account rules moved closer to reality after the Federal Reserve proposed limited access for eligible institutions, opening a new fintech competition debate while preserving key banking backstops and oversight.

Samuel Berrit OlamMay 22, 2026

Living Wills Clear Fed Review as Big Banks Fix Derivatives Weaknesses

Payment Account Proposal Opens a New Path to Fed Rails for Fintechs

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