Have Banks Already Lost the Fight Over Stablecoin Yield?
Release Date: 06/10/2026
How Citi Is Putting AI to Work
Banking with Interest
Brent McIntosh, Citigroup's chief legal officer and corporate secretary, discusses how one of the world’s largest banks is deploying AI, from everyday employee tools to agentic systems used in compliance and fraud prevention. He also talks about how AI could transform anti-money laundering efforts and cybersecurity, the risks of giving AI agents real authority, and why banks, energy companies and tech firms recently launched the Alliance for Critical Infrastructure, a group designed to help combat the growing threat of cyber attacks across industry lines.
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Congress May Flip. What Actually Changes for Banks?
Banking with Interest
Cam Fine, former head of ICBA, and Ed Yingling, former head of ABA, break down what different midterm election outcomes could actually mean for banks, from congressional oversight and agency confirmations to crypto, the CFPB and regulatory relief. They also examine whether the Trump administration’s bank regulatory changes can endure as control of Congress — and eventually the White House — changes hands.
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Is CRA Reform Stuck in a Regulatory Doom Loop?
Banking with Interest
The OCC and FDIC, but not the Fed, have released a new proposal to rework implementation of the Community Reinvestment Act. Is this one liable to stick when the past two have not? Jesse Van Tol, president of the National Community Reinvestment Coalition, offers his take, including why he sees this latest effort as deeply flawed because it will weaken community-development obligations for banks nationwide.
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ICBA’s Rainey on Crypto, AI and the Future of Community Banking
Banking with Interest
ICBA President and CEO Rebeca Romero Rainey discusses the failed Senate vote on crypto market structure legislation, community bank concerns about stablecoin yield, and the broader fight over who gets to compete for deposits under what rules. She also weighs in on how AI could help and hurt institutions, core providers, novel charters, CRA reform and the competitive pressures shaping the future of community banking.
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How New Reciprocal Deposit Rules Help Community Banks Compete
Banking with Interest
Community banks have more room to compete for deposits following a new law that changes how reciprocal deposits are treated. Drew Keith of Texas Security Bank, Matt Nightingale of Katahdin Trust, and Kevin King of Saint Louis Bank discuss how it changes their funding options, why reciprocal deposits proved critical after Silicon Valley Bank failed, and what the change means as competition for deposits heats up.
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Inside Treasury’s Push to Reset Bank Regulation
Banking with Interest
Former Treasury undersecretary Jonathan McKernan explains why the department took a more active role coordinating bank regulation and what officials hoped to accomplish with a broader regulatory reset. He also discusses lessons from the 2023 bank failures, changes to capital, liquidity and AML rules, and how AI could reshape deposit competition and the banking system itself.
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How Banks Clouded the CLARITY Act's Future
Banking with Interest
Brendan Pedersen, financial services reporter for Punchbowl News, breaks down why the CLARITY Act’s prospects have deteriorated, including a renewed revolt by community banks over stablecoin yield and growing Democratic resistance to the crypto industry. He also discusses whether crypto’s political clout is beginning to fade and a potential challenge to Maxine Waters for leadership of the House Financial Services Committee.
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If AI Can’t See Your Bank, Does It Really Exist?
Banking with Interest
Penny Crosman, American Banker's executive editor for technology, discusses why some banks dominate AI-generated answers while others are nearly invisible, including tackling what community banks can do to improve their visibility.
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After Vought's Exit, Will CFPB Return to Normal?
Banking with Interest
Over the past year and a half, Acting CFPB Russell Vought has sought to largely shut down the CFPB by severely cutting staff, stopping enforcement actions and cutting back on supervision. But with the nomination of a new director, Brian Johnson, is that about to change? Alan Kaplinsky, senior counsel at Ballard Spahr and author of the Consumer Finance Monitor blog and host of its weekly podcast, discusses how the CFPB may change and what it will mean for banks.
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The Affordability Debate Comes for Banks
Banking with Interest
Lindsey Johnson, president and CEO of the Consumer Bankers Association, talks about why affordability concerns are putting renewed political pressure on banks over credit card rates, overdraft and late fees. She also tackles the future of the CFPB, open banking, crypto legislation, agentic AI and why she’s optimistic in the fight against fraud.
info_outlineBanks have fought a comprehensive effort to ensure stablecoins cannot offer yield. But the Senate Banking Committee passed a bill that the banking industry still says falls short. Does that mean banks have lost the fight? Will a crypto market structure bill pass this year? Brendan Pedersen of Punchbowl News offers insights into the current and future state of play.