SOUTH BRONX / SDNY, April
7 â The FDIC Board on April
7 approved a move away from enforcing anti-money
laundering laws against that chairman Travis Hill
dismissively called "foot faults." This amid increasing
terrorist finance, and the recent genocide / Janjaweed
assistance verdict against BNP Paribas bank in SDNY court,
covered by Inner City Press.
This same
FDIC Board back on December 16, 2025 approved without even
any canned discussion or staff presentation what Hill was
the "streamlining" bank application - in fact, the
elimination of public notice.
All this while
making a point of invoking the Government in the Sunshine
Act, if only to have a three-person vote to override it.
Fair Finance Watch had commented extensively to the FDIC
against that move - but no negative comment was even
mentioned at the FDIC board meeting, nor even in the memo.
Lawless.
We will have more reporting from DC soon.Happening now: FDIC chair Travis Hill is rubber stamping rules on GENIUS Act stablecoins, and dropping "reputational risk" in regulation - this after he / the FDIC eliminated notices of bank branch applications https://t.co/8QA2gEAz6O
â FairFinanceWatch.org (@FinanceWatchOrg) April 7, 2026
Bad decision(s) - more soon pic.twitter.com/oE8jTMLMuX