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Latest News in Banking

• January 26, 2026

  Treasury Cancels Booz Allen Contracts Following Leak

  The U.S. Department of the Treasury is canceling $21 million in contracts with consulting firm Booz Allen Hamilton after a massive leak at the Internal Revenue Service that included President Donald Trump's tax returns, the department said Monday.

• January 26, 2026

  Haynes Boone Appoints 2 Fund Finance Leads

  Corporate law firm Haynes Boone announced Monday the promotion of two long-time attorneys to co-lead its fund finance practice group, as several other lawyers simultaneously departed for Paul Hastings.

• January 26, 2026

  New Cadwalader Exits To Fuel Paul Hastings Charlotte Launch

  A group of approximately 15 to 20 fund finance lawyers are leaving Cadwalader Wickersham & Taft LLP and Haynes Boone to launch a Charlotte, North Carolina, office for Paul Hastings LLP, marking the third time a large law firm has set up shop in the banking hub in recent months.

• January 23, 2026

  OCC Won't Delay Trump Family-Tied Co. Bank Charter Review

  The Office of the Comptroller of the Currency's head, Jonathan Gould, on Friday refused to delay a review of crypto firm World Liberty Financial's national trust bank application, rebuffing concerns by Sen. Elizabeth Warren, D-Mass., that President Donald Trump's close ties to the company pose a conflict of interest.

• January 23, 2026

  Warren Tells CFPB's Vought To Heed His Boss On Credit Cards

  A top Democratic senator on Friday pointedly challenged the Consumer Financial Protection Bureau to follow through on President Donald Trump's credit card affordability concerns, questioning whether its current chief is "disregarding" White House wishes.

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