Legislation

Newly introduced legislation authorizing banks to legally finance state-licensed cannabis businesses represents the latest in a long line of attempts to create such a “safe harbor” for financial institutions over the past seven years. Read on »

U.S. Speaker of the House Mike Johnson (R-La.) said he was optimistic President Donald Trump would sign the 21st Century ROAD to Housing Act after delivering it to his desk on June. 29, despite the president’s indications to the contrary. If Trump does not sign the bill or veto it within 10 days, it will become law automatically. Read on »

The House voted 358-32 to pass the highly anticipated 21st Century ROAD to Housing Act on June 23, sending the one of the most comprehensive housing reform measures in decades to President Donald Trump’s desk. The next day, Trump announced he would not sign the legislation until Congress passed a voter eligibility bill. Read on »

Lawmakers in the House and Senate reached a deal to reconcile their respective versions of the 21st Century ROAD to Housing Act on June 16, bringing Congress seemingly to the precipice of passing the long-awaiting housing legislation. Dodd Frank Update sought insight from Garris Horn Co-Managing Partner Troy Garris about what lenders should know. Read on »

Eighteen months into the Trump administration’s mission to scale back the Consumer Financial Protection Bureau’s footprint on the financial markets, the clash between federal officials and their most outspoken critics has not eased up. Read on »

After nearly a year of anxious waiting for many veteran homeowners struggling to make their mortgage payments, the U.S. Department of Veterans Affairs announced the release of its new partial claim program and updated loss mitigation “waterfall” on June 1. Read on »

The House voted 396-13 to pass its amended version of the 21st Century ROAD to Housing Act on May 20. The ball is once again in the Senate’s court to determine what happens next with the bill, which has gained strong bipartisan support from lawmakers and within the financial services sector. Read on »

Just when the Consumer Financial Protection Bureau seemed to be finding something tantamount to stable footing, the agency’s future under the Trump administration is once again in question via challenges in the form of a federal court appeal and Congressional resolutions of disapproval. Read on »

Financial services trade organizations welcomed the House’s 224-200 vote in favor of advancing its version of the Farm, Food, and National Security Act of 2026 (H.R. 7567), also known as the “Farm Bill,” to the Senate. Read on »

Financial services advocates concerned by the risk of “deposit flight” resulting from the integration of digital currencies into the U.S. banking system have advocated for legislative action to address “loopholes” that could negatively impact the industry. Read on »