Banking and Financial Services Under the Trump Administration: Fintech, Payments, Regulatory and Enforcement Priorities
A live 90-minute premium CLE video webinar with interactive Q&A
This CLE webinar will explore the implications of a second Trump administration on banking and financial services policy and the legislative agenda. The panel will examine the new administration's policymaking priorities, the status of current regulations/initiatives and which are most likely to be rolled back, and what is expected from new agency leadership and rulemaking going forward.
Outline
- Overview: Trump administration's priorities for banking and financial services
- Impact the new administration will have on current regulations and policies
- Expected policy and regulatory changes
- Federal payments/fintech charter and fintech-bank partnerships
- Digital assets and cryptocurrency
- Bank examination and enforcement priorities
- Bank capital and liquidity requirements
- Bank M&A activity
- Regulatory requirements regarding the Bank Secrecy Act/Anti-Money Laundering rules, sanctions, compliance, risk management frameworks, and third-party risk management
- Agency leadership and likely rulemaking agendas
- Legislative focus
- Practitioner guidance for advising clients in this evolving legal and regulatory landscape
Benefits
The panel will review these and other important considerations:
- What are the key policies proposed by the Trump administration that will have the biggest impact on banking and financial services clients?
- What initiatives and regulations from the Biden administration are likely to be rolled back?
- What effect may Congress' legislative agenda have on banking and financial services clients?
- What are some key strategies for guiding clients trying to navigate this changing legal and regulatory landscape?
Faculty
David L. Beam
Partner
Mayer Brown
Mr. Beam counsels clients in connection with a broad range of transactional, regulatory, and other matters relating to... | Read More
Mr. Beam counsels clients in connection with a broad range of transactional, regulatory, and other matters relating to payment systems and credit products, with an emphasis on legal issues that arise from the innovative use of technology in financial services. His clients represent a broad spectrum of the financial services industry. They include major global financial institutions, fintech companies, money service businesses, investments banks, and payment system operators, among others. Mr. Beam is consistently recognized as one of the top payments and fintech lawyers in the United States by leading lawyer rating services.
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Max Bonici
Partner
Davis Wright Tremaine
Mr. Bonici advises domestic and international financial institutions on regulatory, supervisory, and enforcement... | Read More
Mr. Bonici advises domestic and international financial institutions on regulatory, supervisory, and enforcement issues. He also represents fintechs and nonbank tech companies and supports the firm's M&A work in the middle-market financial services space, drawing on 15+ years in private legal practice and government experience—including at the FDIC and the IMF—to help clients navigate complex and evolving laws, expectations, and enforcement priorities. Financial services providers look to Mr. Bonici for advice on chartering, powers and structure issues, and compliance with regulations and standards set by the Federal Reserve, FDIC, OCC, CFPB, FinCEN, OFAC, and state banking regulators. He counsels on permissible activities, controlling and noncontrolling equity investments, third-party relationships, prudential requirements, the Dodd-Frank Act and the Volcker Rule, digital assets, and deposit insurance issues, including applications and coverage, brokered deposits, and passthrough insurance. He helps financial institutions and fintechs partner to establish financial services solutions, platforms, and products and services. He also helps non-U.S. banks and fintechs enter the U.S. market.
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Elizabeth Ireland
Partner
Winston & Strawn
Clients in the financial services sector regularly seek out Ms. Ireland for advice and counseling pertaining to... | Read More
Clients in the financial services sector regularly seek out Ms. Ireland for advice and counseling pertaining to regulatory matters, white collar defense, and high-stakes government/internal investigations. She has defended a wide range of companies in class actions and successfully won cases at all stages of litigation. Ms. Ireland frequently works with companies and audit committees in connection with internal investigations, regulatory defense, and white collar criminal matters. She has worked on multiple investigations in connection with whistleblower allegations. Ms. Ireland has also worked with banking clients on multiple Consumer Financial Protection Bureau enforcement and supervisory actions, and has represented clients in matters against the Department of Justice, Office of the Comptroller of the Currency, Federal Reserve Bank, Commodities Futures Trading Commission, National Futures Association, Senate Permanent Subcommittee on Investigations, and Federal Trade Commission, among other government/regulatory entities. She presents regularly about the topic of attorney-client privilege and has represented companies in connection with unique privilege-related issues.
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