James Stevens, co-leader of Troutman Pepper Locke’s Financial Services Industry Group, was quoted in the October 21, 2025 Payments Dive article, “Fiserv, Block Turn to Crypto.”
US Banks’ Brokered Deposit Levels Would Drop Under Pending House Bills
James Stevens, co-leader of Troutman Pepper Locke’s Financial Services Industry Group, was quoted in the October 13, 2025 S&P Global Market Intelligence article, “US Banks’ Brokered Deposit Levels Would Drop Under Pending House Bills.”
FOIA Litigation Unveils Important Supervisory Insights and Needed Reform
Following the Freedom of Information Act (FOIA) litigation brought against the Federal Deposit Insurance Corporation (FDIC) in 2024,[1] on February 5, 2025, the FDIC released hundreds of pages of documents related to its supervision of banks that engaged in, or sought to engage in, crypto-related activities during the last administration. Acting Chairman Hill’s decision to release these documents reflected “a commitment to enhance transparency, beyond what is required by the [FOIA], while also attempting to fulfill the spirit of the FOIA request.”[2]
Where the F(BO) is the Money? Part 3 – DLT Account Ledgering
Guest contributors: Ashley Harris, Thomas Scott, and Isabelle Corbett Sterling, BakerHostetler
This is the final article in our three-part series focused on a key question: as bank-fintech partnerships continue to play a vital role in driving financial services, how does the industry make this system safer and better?
In this final part of our series, we propose a DLT-based account ledgering model designed to prevent failures like Synapse while offering broader benefits. Previously, we examined Synapse’s collapse, the misplaced trust in its ledgers, and potential regulatory responses,[1] including concerns about the Federal Deposit Insurance Corporation’s (FDIC) proposed recordkeeping rule (Records NPR).[2]
Banks Are Pushing Back Against Stablecoin Legislation
Alex Barrage, a partner in Troutman Pepper Locke’s Financial Services Industry Group, was quoted in the March 13, 2025 American Banker article, “Banks Are Pushing Back Against Stablecoin Legislation.”
Congress Narrows in on Stablecoin Legislation: An Analysis of the STABLE and GENIUS Acts
The payment stablecoin (PS) legislative endgame is near. There is a clear imperative from the White House to prioritize stablecoin legislation and preserve the U.S. dollar as the world’s reserve currency. Both chambers of Congress are forming a working group to deliver a clear regulatory framework for digital assets. Bipartisan agreement appears within reach.
Concerns Mount Over FDIC Staffing Challenges
Alex Barrage, a partner in Troutman Pepper Locke’s Financial Services Industry Group, was quoted in the February 6, 2025 Banking Dive article, “Concerns Mount Over FDIC Staffing Challenges.”
Banking Regulator Rescinds More Than 200 Job Offers for Examiners It Needs
Alex Barrage, a partner in Troutman Pepper Locke’s Financial Services Industry Group, was quoted in the January 27, 2025 Washington Post article, “Banking Regulator Rescinds More Than 200 Job Offers for Examiners It Needs.”
CFPB Rules, M&A Standards Most Likely CRA Repeal Targets
Alex Barrage, a partner with Troutman Pepper Locke, was quoted in the January 9, 2025 American Banker article, “CFPB Rules, M&A Standards Most Likely CRA Repeal Targets.”
Wall Street Notches Another Win as Fed’s Barr Clears the Way for Gentler Banking Regulator
Alex Barrage, a partner with Troutman Pepper Locke, was quoted in the January 7, 2025 CNBC article, “Wall Street Notches Another Win as Fed’s Barr Clears the Way for Gentler Banking Regulator.”