The Federal Reserve has announced multiple decisions to rescind existing requirements for crypto-asset activities. The April 24 announcement included the rescission of a 2022 supervisory letter that required state member...more
4/28/2025
/ Bank Resolution Scheme ,
Banking Sector ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Enforcement Priorities ,
FDIC ,
Federal Reserve ,
Financial Institutions ,
FinTech ,
OCC ,
Overdraft Fees ,
Payday Loans ,
Regulatory Reform ,
Regulatory Requirements ,
SBA ,
SBA Lending Programs ,
Securities and Exchange Commission (SEC) ,
Underwriting
The federal banking agencies have announced their intent to issue a proposal to rescind the Community Reinvestment Act (CRA) final rule originally issued in October 2023. In their announcement on March 28, the agencies also...more
3/31/2025
/ Banking Regulators ,
Banks ,
Community Reinvestment Act ,
Consumer Protection Laws ,
Cryptocurrency ,
FDIC ,
Federal Reserve ,
Mergers ,
OCC ,
Regulatory Reform ,
State Attorneys General
Amid media reports that the administration may be considering a plan to consolidate the FDIC, the supervisory functions of the Federal Reserve, and the OCC into a single agency, President Trump issued an executive order...more
2/28/2025
/ Banking Regulators ,
Cryptocurrency ,
Dodd-Frank ,
Executive Orders ,
FDIC ,
Federal Reserve ,
GAO ,
Incentive Compensation ,
OCC ,
Regulatory Agencies ,
Regulatory Agenda ,
Rulemaking Process ,
Trump Administration
Governor Michelle Bowman discussed the unique challenges mutual banking institutions face raising capital and the need for regulatory flexibility in the process. Governor Bowman’s remarks at the New England CEO Summit on...more
2/4/2025
/ Capital Formation ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Enforcement Actions ,
FDIC ,
Federal Reserve ,
Financial Institutions ,
Privacy Concerns ,
Proposed Rules ,
Regulatory Agenda ,
Sensitive Personal Information ,
Unfair or Deceptive Trade Practices