The regulatory ground is shifting beneath the fintech industry. The CFPB's landmark 1033 open banking rule—finalized in October 2024—is now under reconsideration by new agency leadership, with enforcement enjoined and compliance timelines uncertain. Meanwhile, fintech-bank partnerships face heightened scrutiny following high-profile failures, and embedded finance providers navigate a patchwork of state licensing requirements that vary wildly by product and jurisdiction. This panel brings together fintech policy advocates and regulatory practitioners to examine the most pressing questions: Will open banking regulation survive in recognizable form? How should institutions prepare when the rules keep changing? And where can industry advocacy shape outcomes that balance innovation with consumer protection?