Several points remain open. The regulator has not said what additional action it will take, and it has not named specific penalties. Banks' denials have not been tested in a contested proceeding. The OpenAI allegations are unproven: Apple says it has found no evidence supporting OpenAI's claims that a former employee took confidential files. Reports on the two sunken ships near the Strait of Hormuz also conflict on ownership and flag. Iran's Revolutionary Guard says the GFS Pride hit a mine after taking an unauthorized route, but maritime security firms and U.S. officials say there is no evidence of mines.
For attorneys, the bank report signals that regulators will examine debanking claims through examinations and complaint reviews, not only through litigation. Watch for follow-on OCC action and for how the agency treats the SPLC designations. Trump's separate suit against JPMorgan, which alleges the bank closed his accounts in 2021 for political reasons, will test many of the same issues. In the Apple v. OpenAI trade secrets case, Judge Edward Davila in San Jose has approved depositions of three former Apple employees, and OpenAI's counterclaims about a former employee's transfer of more than 100 confidential files make that discovery a key front. On the shipping side, Windward AI recorded 12 attacks on commercial vessels last week, a wartime high, and Iranian officials have told Reuters the campaign aims to keep oil prices elevated and influence the November 3 U.S. midterms.