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Credit Cards House

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regulatory

Santander’s $12.2 Billion Acquisition of Webster Bank Clears Major Regulatory Hurdle

Leena Muazin07 mins

By PYMNTS | June 17, 2026 The landscape of American retail and commercial banking is on the cusp of a significant transformation. On June 12, the Office of the Comptroller of the Currency (OCC) granted regulatory approval for the acquisition of Connecticut-based Webster Bank by the global financial powerhouse Banco Santander. This milestone represents a…

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A Return to ‘Regular Order’: Brian Johnson Nominated to Lead the CFPB Amidst Regulatory Pivot

Reynand Wu09 mins

WASHINGTON, D.C. — In a move that signals a strategic shift from administrative dismantling toward conservative institutionalism, President Donald Trump has officially nominated Brian Johnson to serve a five-year term as the Director of the Consumer Financial Protection Bureau (CFPB). The announcement, sent to the Senate on Wednesday afternoon, marks a pivotal moment for the…

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