.Steve Forbes: "The desire to make credit more affordable is laudable. But price controls on credit—and just about everything else—has a long, discouraging history." forbes.com/sites/stevefor…

HAPPENING NOW: Consumer Bankers Association Fraud Management Committee Chair Patrick McDade of EverBank testifies before Financial Services GOP to highlight how banks are leading the way in combating fraud and scams and will call for a whole-of-government approach to combat the issue.

Organized scam networks steal $150 billion a year, and law enforcement needs stronger tools to trace and shut down these operations. Discussed our GUARD Act with Consumer Bankers Association — bipartisan legislation to safeguard savings and hold fraudsters accountable.

Don't miss this from Penny Crosman: Agentic AI shopping bots are coming. Banks need to be ready americanbanker.com/news/agentic-a… | American Banker

.Consumer Bankers Association, Bank Policy Institute, American Bankers Association, Financial Services Forum, and National Bankers Association released the following statement on the Fed’s Basel proposal ⤵️

Survive and advance… 😵‍💫

I’m not sure why we have to keep learning the price control lesson over and over again, but we do. Price controls don’t work.

HAPPENING NOW: Consumer Bankers Association President and CEO Lindsey Johnson is joined by Senate Banking and Housing Democrats Committee Member Ruben Gallego on the main stage at #CBALIVE2026. Tune in here: cbalive.info/livestream

Speech by Vice Chair for Supervision Bowman on small business Consumer Bankers Association: federalreserve.gov/newsevents/spe… Watch live: cbalive.info/livestream Learn more about Vice Chair for Supervision Bowman: federalreserve.gov/aboutthefed/bi…

.Federal Reserve Governor and Vice Chair for Supervision Michelle Bowman shares her read on where the economy stands, what drives shifts in regulation, and the Fed’s view on oversight vs. innovation.

"The question isn’t whether stablecoins should exist; but rather, it’s whether they should pay interest. Competition is healthy. A structural contraction in credit is not. And the two are not the same thing." realclearmarkets.com/articles/2026/…

FACT CHECK: 🔍 CEA paper concluding that closing the stablecoin loophole would increase bank loans by a mere .02% relies on an odd methodology, an unorthodox framework, and faulty assumptions to reach that result, argues economist Andrew Nigrinis. bit.ly/4csumpe

.Stephen Moore: "A 10% interest rate cap would result in more than half of all open credit card accounts being closed or having their credit lines drastically reduced. We're talking about more than 100 million cardholders losing easy access to credit." rasmussenreports.com/public_content…

The yield loophole in the GENIUS Act poses a real threat to community bank deposits and local lending. Paul Weinstein, Jr., argues that a recent report from the CEA sidesteps the core issue and that Congress must act to close the loophole. progressivepolicy.org/ppi-responds-t…

The Trump admin has come up with many creative ways to kneecap the CFPB, most recently evicting them from their offices. One thing they haven't considered - transform the agency away from duplicative regulator and towards actual consumer protection: rstreet.org/commentary/ref…

.Financial Times editorial board: "Meanwhile, a proposal [...] to cap credit card interest rates could make matters worse by deterring banks from lending to riskier borrowers." ft.com/content/fe1a61…

punchbowl.news/article/policy…

.Vance Ginn: "But what Congress should not do in a Senate 'deal' is bless a yield workaround that lets crypto platforms mimic deposit accounts when profitable while sidestepping bank obligations when inconvenient. That’s not a free market. " realclearmarkets.com/articles/2026/…

.Lindsey Johnson welcomes the CFPB’s revised small business data reporting requirements ⤵️

NEW Washington Reporter: In Kyrsten Sinema's latest column, she lays out how to reform the CFPB "Congress can end the CFPB’s political football and establish a bipartisan commission with strong congressional review to ensure that the agency has a clear mandate, transparency in its