We're going to Ireland next week and my younger son has made it his mission to learn how to shout 6-7 in Gaelic. He already does it in English, Spanish, French, and Italian. While I appreciate his enthusiasm for languages, it doesn't get any less annoying.

The Trump administration asked the DC Circuit for permission to fire around half of the CFPB's in a late Tuesday night motion. The court wanted a particularized plan for how Russ Vought intends to meet statutory obligations, and they got one. news.bloomberglaw.com/banking-law/...

NEW: DOJ Inspector General refused to investigate whistleblower Erez Reuveni's misconduct complaint against Emil Bove & other top officials, as watchdog accused of failing to probe political scandals under Trump news.bloomberglaw.com/us-law-week/...

I'm listening to the Mets on the radio (and working! I promise!) and apparently a dead bird fell from the sky right next to Carson Benge in right field?

I just watched a couple of Democratic lawmakers ask Fed, FDIC, OCC, and NCUA officials what those agencies are doing about prediction markets. The officials all found polite ways to say, "That's not us. Talk to the SEC and CFTC." I would like to reclaim my time.

Get your pencils ready, folks. The Basel III endgame proposals are gonna hit the Federal Register tomorrow and the comment period closes June 18.

My Pumpkins? Smashed.

The FTC says that it wants to take a close look at teen-focused financial apps. The timing makes sense, what with MrBeast getting involved in the action now. New from Cassandre Coyer and me. news.bloomberglaw.com/banking-law/...

In these dark times, it's good to know that heroes walk among us.

Now that the capital rules are out for comment, the OCC (and FDIC and NCUA) are getting ready for their long-anticipated rewrite of AML rules. This hit the White House regulatory review office yesterday.

I spent all night trying to remember what this reminded me of. And then it hit me.

As this this story from yesterday in Oregon posted, I was writing up a federal judge in a separate case ordering Vought to get money from the Fed and shredding the Justice Department's argument that he can't. No, not the DC case. Today's was in California. news.bloomberglaw.com/banking-law/...

Looks like Thursday is the official day for the FDIC and OCC, at least, to release they're big capital rule rewrites. www.fdic.gov/news/board-m...

The news is that Russ Vought is going to ask for more money for the CFPB by the end of the month. The story is how a bad day a Justice Department lawyer had when he delivered this news to Judge Ann L. Aiken of the federal district court in Eugene, Ore. news.bloomberglaw.com/banking-law/...

I'm not a lawyer, but tell me if it's bad if a judge says this to you in a hearing. “I’m having a hard time with this argument, so maybe you might want to move on to something else.” It's in yet another case about CFPB funding, and that was to a Justice Department lawyer.

What happens when you shift from trying to destroy a government agency, lose around half of your lawyers, and then undertake an ambitious rulemaking agenda? You scramble to get the remaining lawyers to switch jobs. New from me: news.bloomberglaw.com/banking-law/...

To date, Russ Vought has yet to make a public appearance with his acting CFPB director hat on. That changes on April 30, when he's supposed to speak at the Innovative Payments Conference in DC. It's closed to the press, apparently. Transparency! www.ipa.org/ipcagenda.html

We're getting the band back together! iop.harvard.edu/events/study...

I've had a trio of stories on goings on at the Office of the Comptroller of the Currency in the last day. Here's the latest: If you're a national bank and you have an outstanding MRA, there's a pretty good chance it's going away: news.bloomberglaw.com/banking-law/...

I know there are much bigger things going on, but why would you watch one of these Godzilla movies when Godzilla Minus One or Shin Godzilla already exist?

Just a reminder that the original name of this law school (back in 2016) was the Antonin Scalia School of Law, and then it was quickly changed to the Antonin Scalia Law School. Take a quick look and see if you can guess why they made the change.

They better get that last season of Hacks out fast, because I'm not paying for yet another streaming service.

From today's Senate Banking Committee hearing, Sen. Van Hollen asks Comptroller of the Currency Gould about the World Liberty trust charter application: Gould: If you're suggesting the president would do anything inappropriate or illegal, then I reject that. CVH: Oh I am suggesting that.

Hold my calls!

I was checking around the CFPB a few weeks ago to see if the agency was still funding Vought's security. The folks I spoke with said it appeared that was no longer the case. And there you go. www.reuters.com/world/us/whi...

The Fed is reviewing all outstanding supervisory concerns raised with the banks it oversees to ensure they conform with the Trump administration's focus on material financial risk in a win for Wall Street. New from Katanga Johnson, Hannah Levitt, and me. news.bloomberglaw.com/banking-law/...

A federal judge in Illinois allow the state's ban on swipe fees on taxes and tips to move forward, adding a new chapter to the never-ending interchange fee wars. news.bloomberglaw.com/banking-law/...

In late January, a credit reporting trade group said the CFPB should make changes to its complaint database that will decrease the number of complaints filed. On Wednesday, the CFPB did just that (IN ALL CAPS). news.bloomberglaw.com/banking-law/...

Do I have any followers here who work at a regional fed bank? If so, I have a question. Signal is reporterev.85

Exclusive: DOJ is requiring all 93 US attorneys to designate prosecutors for "emergency jump teams" supporting surge districts dealing with assaults & obstruction of federal officers, per internal memo. Comes as more Minn. prosecutors resign. news.bloomberglaw.com/us-law-week/...

Catherine O'Hara even manages to make this fun.

This was probably the best scene from Darren Aronofsky's AI American Revolution show. So lifelike!

Come for the news about the CFPB restarting exams virtually, stay for this: “We told you we were performing our statutory duties. Why does this surprise you?” a CFPB spokesman said. “Also if you want to work at CFPB so badly I can send you an application.” news.bloomberglaw.com/banking-law/...

Man, I liked "Caught Stealing." But I guess I can't watch any more Aranofsky movies. And no, I'm not linking to that monstrosity.

The world may seem unmoored these days, so take comfort in the fact that everyone still hates their core service provider. news.bloomberglaw.com/banking-law/...

The CFPB planned a truncated process for its new open banking rule. Then it was basically forced to fund itself, so now we're back to regular order. Which means we won't see a rule anytime soon, not even counting the post-rule lawsuits. news.bloomberglaw.com/banking-law/...

Let's check in at HUD

HUD opened a fair housing investigation into Minneapolis. It's an all-of-government approach. Just as a reminder, the Trump administration is rolling back fair housing enforcement at all of the banking and housing regulators.

If you, yes you, made it to the ABA Banking Law section, I have a question.

I've been speaking to folks at the various agencies that would be the first line of enforcing the interest rate cap demand, and it's crickets so far.

The CFPB put its lead diversity officer on leave yesterday, and no one really knows why. New from me: news.bloomberglaw.com/banking-law/...

If you want to see joy, watch Maxine Waters question her Republican colleagues about Trump's desired 10% credit card interest rate cap.

Trump wants to cap credit card interest rates at 10% for one year starting Jan. 20. Congress isn't going to do it, and neither is the CFPB. Not even for Trump administration is trying to destroy the CFPB reasons. It literally can't set interest rates. news.bloomberglaw.com/banking-law/...

The CFPB and Justice Department withdrew a Biden-era policy warning lenders against overreliance on immigration status in considering mortgage, auto, and other loan applications. news.bloomberglaw.com/banking-law/...

Listen, I know there's a lot going on. But don't forget bank supervision. It's important! And the FDIC is falling in line with the Fed and OCC in focusing on "material financial risks," even as it's considering a formal definition of what that means. news.bloomberglaw.com/banking-law/...

Through gritted teeth, acting CFPB Director Russell Vought asked the Fed to send over $145 million for the CFPB to operate after a federal judge said he had to. news.bloomberglaw.com/banking-law/...

Folks, I misspelled Meghan Tribe's name. Sorry about that!