On June 2, 2026, the Office of the U.S. Trade Representative (“USTR”) released the findings of its Section 301 investigations regarding anti-forced labor import policies of 60 major U.S. trading partners, and proposed new…
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/ Administrative Law, Antitrust & Trade Regulation, International Law & Trade
On June 2, NYDFS announced that it had signed a memorandum of understanding (MOU) with the European Banking Authority (EBA) to foster cross-border cooperation on stablecoin supervision, including the sharing of confidential and…
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/ Finance & Banking, International Law & Trade
On May 22, the FDIC Board of Directors approved an NPRM that would implement BSA/AML and sanctions compliance standards applicable to FDIC-supervised permitted payment stablecoin issuers (PPSIs) as required by the GENIUS Act…
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/ Administrative Law, Finance & Banking
On May 20, Vermont Governor Phil Scott signed H.385 into law, establishing protections and remedies for victims of “coerced debt” and authorizing banks and credit unions to take protective action against suspected financial…
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/ Consumer Protection, Finance & Banking
On May 26, Maryland Governor Wes Moore signed into law HB 573, amending the state’s fair housing statutes to prohibit housing practices that have a discriminatory effect, regardless of intent. The law, which takes effect October…
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/ Civil Rights, Real Estate - Residential
On May 21, the U.S. Court of Appeals for the 4th Circuit reversed a district court’s denial of a motion to compel arbitration in a putative class action alleging a violation of the Telephone Consumer Protection Act (TCPA). The…
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/ Alternative Dispute Resolution (ADR), Civil Procedure, Commercial Law & Contracts
On June 2, the OCC, the FDIC, and the Fed announced that they have jointly reissued 15 interagency guidance documents to remove references to reputation risk. The documents cover topics including asset securitization, subprime…
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/ Administrative Law, Finance & Banking
On May 18, FHA posted a draft Mortgagee Letter on its Single Family Drafting Table, proposing new requirements for determining borrower eligibility related to delinquent child support obligations subject to federal…
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/ Administrative Law, Finance & Banking, Real Estate - Residential
On May 29, HUD issued a request for information (RFI) in the Federal Register, seeking public comment on modernizing FHA’s Minimum Property Requirements (MPRs) for single-family mortgage insurance programs. MPRs require that…
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/ Finance & Banking, Insurance, Real Estate - Residential
On May 22, HUD issued an interim final rule removing the requirement that environmental assessments for new construction or substantial rehabilitation projects over 200 dwelling units or beds be sent to the Field Environmental…
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/ Administrative Law, Environmental Law, Real Estate - Residential
The Fed and CFPB’s OIG recently released its semiannual report to Congress, covering the period from October 1, 2025, to March 31, 2026. The OIG found that the information security programs at both agencies are “no longer…
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/ Finance & Banking, Mergers & Acquisitions, Science, Computers, & Technology
On May 29, the FDIC published a list of administrative enforcement actions taken in April, which included an adjudicated decision reimposing a prohibition order and $125,000 civil money penalty against the former president, CEO,…
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/ Administrative Law, Civil Remedies, Finance & Banking
On May 28, Fannie Mae announced an upcoming sale of approximately 2,333 reperforming loans, with an unpaid principal balance of approximately $565 million, which are available for purchase by qualified bidders that submit bids…
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/ Finance & Banking, Real Estate - Residential
On June 2, the Office of Foreign Assets Control (OFAC) sanctioned four Iranian digital asset exchanges — including the country’s largest, which purportedly processed more than 50 percent of all Iranian digital asset inflows in…
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/ Finance & Banking, International Law & Trade, Science, Computers, & Technology
On May 19, South Carolina Governor Henry McMaster signed into law S. 163, establishing a regulatory framework for digital assets and cryptocurrency in the state. The law prohibits any state governing authority from accepting or…
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/ Finance & Banking, Science, Computers, & Technology, Taxation
