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    • FINANCIAL TECHNOLOGY—OCC finalizes GENIUS Act payment stablecoin rule for 2027
    • BANKING OPERATIONS—Consumer groups urge OCC, FDIC to deny Avant bank charter
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    Banking and Finance Law Daily Wrap Up, BANKING OPERATIONS—Consumer groups urge OCC, FDIC to deny Avant bank charter, (Oct 21, 2026)

    Organizations Mentioned:Avant Bank, N.A. | Avant, LLC | Center for Responsible Lending | National Consumer Law Center

    By Colleen M. Svelnis, J.D.

    The organizations alternatively requested a public hearing, asserting the application lacks essential data on refinancing rates, default rates, and underwriting processes.

    In a joint comment letter, the Center for Responsible Lending and National Cons ...

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