In a major development for businesses subject to state data privacy laws, eight state privacy regulators have joined forces to form the “Consortium of Privacy Regulators,” a bipartisan coalition aimed at coordinating enforcement and protecting consumer privacy through collaboration. The announcement, made by the California Privacy Protection Agency (CPPA) on April 16, 2025, represents a new era of multistate cooperation in the enforcement of comprehensive consumer privacy laws.
A new chapter of artificial intelligence (AI) governance is underway, catalyzed by two significant developments. First, DeepSeek’s success in developing an advanced, open-weight model at comparatively less expense than leading labs in the United States demonstrates that reaching the technological frontier is more accessible to more actors than previously anticipated.
The House Financial Services Committee has approved its part of the massive budget bill, saving some $1 billion by, among other things, slashing the CFPB’s budget by more than 60%.
The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in February 2025.
Today the Office of the Comptroller of the Currency (OCC) released a request for information (RFI) on community banks’ engagement with digitalization.
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