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GRIP Extra: OCC blocks Illinois interchange fee ban, CFPB cuts small business lending rule

Montage of a man crossing the street in rush hour.
GRIP Montage: Getty Images

Our in-brief roundup of notable stories from the last week.

United States

AI

NIST’s Center for AI Standards and Innovation said its evaluation found DeepSeek V4 Pro was the most capable PRC model it had tested to date, though it still lagged behind US innovations by about eight months.

Cybersecurity/data

The FTC has reported that scams initiated on