Financials Friday: Crypto Lobby Scores Stablecoin Yield Win Over Banks; OCC Downplays AI Risk to Banks Amid Surge in Cyberattacks; Lawsuits Fly Between Compass and Multiple Listings Services; Housing Groups Oppose Community Reinvestment Act Rulemaking; IRS Pressed to Crack Down on ‘Ghost’ Tax Preparers

Financials Friday is a weekly overview of financial news and analysis of the timing and priorities of key agencies including the Federal Reserve, OCC and FDIC. Key stories we’re following this week include: • Genius Act implementation allows for some forms of stablecoin yield, angering bankers. • OCC’s Gould downplays AI risk to banks. • […]