On February 12th, Senator Bernie Moreno (R-OH) and Representative Warren Davidson (R-OH) introduced the American Lending Fairness Act of 2026, legislation designed to restore long-standing federal interest rate exportation authority for state-chartered banks and credit unions engaged in interstate lending. The bill directly responds to the Tenth Circuit’s controversial 2-1 decision in National Association of Industrial Bankers v. Weiser which held that Colorado’s opt-out of the Depository Institutions Deregulation and Monetary Control Act of 1980 (“DIDMCA”), pursuant to Section 525, requires out-of-state, state-chartered banks and credit unions to comply with Colorado’s usury limits when lending to Colorado residents.
The Office of the Comptroller of the Currency (OCC) is issuing a notice of proposed rulemaking to establish revised procedures and policies for OCC-supervised entities to appeal material supervisory determinations by the OCC. The proposed changes reflect the OCC’s experience administering the bank appeals process and are intended to enhance the independence and efficiency of the appeals function.
Being sued for debt can create a lot of stress for people who are already struggling to make ends meet. Add to that the possibility that the lawyer who brought the lawsuit is not reachable because they didn't include their name or their phone number in court filings.
The FTC has announced that it has submitted an Advance Notice of Proposed Rulemaking (ANPRM) regarding negative option plans to the OMB Office of Information and Regulatory Affairs (OIRA) for review — an indication that the commission may be interested in revisiting click-to-cancel issues. The OIRA has disclosed that it received the ANPRM on February 4.
The Office of the Comptroller of the Currency (OCC) released economic and financial market scenarios for use in the upcoming stress tests for covered institutions.
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