The Growing Legal Fight Over Bank Regulators' In-house Courts
Also, Senate Banking sets new working groups; Bessent sworn in; a flood of policy papers
The federal banking agencies have suffered a number of high-profile court losses brushing back their rulemaking power. Now, a spate of cases supported by conservative and industry groups is looking to hem in the regulators on the enforcement side as well.
The lawsuits, which target the in-house court used by the Fed, FDIC, OCC and NCUA are still percolat…