In the fourth quarter of 2023, Sen. Raphael Warnock, D-Ga., made industry news, important banking and financial rule changes were implemented, and Georgia's Department of Banking and Finance quietly issued important new regulatory guidance on a handful of topics.

Warnock Addresses Banking Committee, Introduces Legislation -

First, during a three-plus hour U.S. Senate Committee on Banking, Housing and Urban Affairs hearing titled "Annual Oversight of Wall Street Firms," Warnock questioned CEOs at eight of the country's largest banks regarding their commitment to both proposed and existing federal law.

Originally published by Law360 - January 8, 2024.