The Investment Company Institute warned that retail-accessible private credit funds face serious valuation risks as the nearly $1.75 trillion asset class outpaces the oversight frameworks designed to protect everyday investors.

New York Attorney General Letitia James sued Coinbase Financial Markets, Inc. and Gemini Titan LLC alleging that both companies operated illegal, unlicensed gambling platforms in New York through their prediction market products.

Federal Reserve Board Governor Christopher J. Waller argued that the Fed's operational structure is overdue for fundamental change, and that it must centralize functions that no longer require a regional presence.

SEC Chair Paul Atkins articulated his strategy for "return[ing] the agency to the core mission that Congress set for it."

The attorneys general of 23 states and the District of Columbia urged CFPB Acting Director Russell Vought to revise his draft Strategic Plan for fiscal years 2026 through 2030, saying that it undermines the agency's statutory obligations and leaves consumers with less protection and fewer avenues for relief.