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The NFA proposed amending its rules on branch offices to allow a single manager to supervise more than one branch office and to supervise remotely, on a full or part-time basis, where a member firm can show the arrangement is appropriate.

National and state banking associations supported (i) an OCC interim final rule clarifying that national banks may charge credit and debit card interchange fees, and (ii) an OCC interim final order clarifying that the Illinois Interchange Fee Prohibition Act is preempted as to national banks.

In an Executive Order, President Trump directed federal agencies to strengthen the cyber defenses of government and critical-infrastructure systems against AI-enabled threats. The Order creates a voluntary framework for the government to gain early access to the most capable AI models.