Businesses under consent decrees for violating federal anti-discrimination laws, including fairness in lending and hiring laws, may be off the hook under a sweeping executive order (EO) issued by President Donald Trump last month. The EO, aimed at furthering his agenda of dismantling protections against discrimination, says all agencies “shall evaluate” existing agreements by the end of July. The sprawling order, “Restoring equality of opportunity and meritocracy,” issued April 23, could bring pending investigations to a halt as well.
Adrianne Appel
Adrianne Appel writes regulatory news, policy, and trends for Compliance Week. She previously reported about policy developments for Bloomberg Law and Bloomberg Government.
Email: adrianne.appel@complianceweek.com
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Posted inRegulatory Policy
FTC rule forces fee transparency in ticketing and lodging industries
Ticketing and short-term lodging businesses will be prohibited from hiding “convenience” and other fees from consumers under a rule by the Federal Trade Commission (FTC), set to take effect next week.
Posted inRegulatory Enforcement
FinCEN proposes bar on Cambodian company due to alleged money laundering
A Cambodian financial company, the Huione Group, has laundered billions of dollars for international criminals and those linked to North Korea, according to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). The agency proposes that the company should be severed from having access to the U.S. financial system.
Posted inFinancial Services
NYDFS to continue strong crypto enforcement, Adrienne Harris says
The New York Department of Financial Services (NYDFS), led by Superintendent Adrienne Harris, doesn’t intend to let up on cryptocurrency enforcement, even in the face of pullback from the federal government.
Posted inEthics & Culture
CW National Notebook: Ethics education is key, says Tom Hardin AKA “Tipper X”
Tom Hardin AKA “Tipper X” went from a young trader with his whole career ahead of him to an inside trader who got caught, acted as a Federal Bureau of Investigation informant for two years, and pleaded guilty to a felony.
Posted inSurveys & Benchmarking
Excellence in Compliance Awards: PepsiCo’s Farzin Firooznia is the 2025 Compliance Officer of the Year
Some compliance teams consider it outside their roles to learn the ins and outs of their businesses, and something to explore when they have time.
Posted inEthics & Culture
CW National Notebook: Networking is key for women in compliance
Compliance can be a highly fulfilling job but one that is tough and sometimes lonely, too. But participants at the Women in Compliance Brunch & Learn session at Compliance Week’s 20th anniversary national conference agreed community was the solution, though it can come in different ways.
Posted inCryptocurrency and Digital Assets, Regulatory Policy
Senate Democrats urge DOJ to revive crypto crime unit amid growing enforcement concerns
A small band of Senate Democrats is calling on the Trump administration to reinstate the cryptocurrency investigations unit at the Department of Justice (DOJ).
Posted inRegulatory Policy
Trump family buys into crypto as regulators consider soft touch on the industry
Any doubts that the new administration will take a light touch to upcoming cryptocurrency regulation vanished with President Donald Trump’s launch of his own stablecoin and his family’s growing investments in crypto businesses.
Posted inFinancial Services
Banks reported more than $1 B in suspicious activity–much of it fentanyl linked
Banks alerted authorities to $1.4 billion in suspicious transactions in 2024, a big assist in the nation’s fight against crime and fentanyl trafficking, according to the Financial Crimes Enforcement Network.
