News & Analysis as of September 20, 2024

Federal Deposit Insurance Corporation › Freddie Mac

+ Follow

The Federal Deposit Insurance Corporation is a United States federal agency created in 1933 in response to widespread bank failures in the 1920s and early 1930s. The FDIC's mission is to maintain stability and consumer confidence in the United States banking system by insuring deposits, monitoring the health of financial institutions and managing receiverships. less -

Daily Financial Regulation Update -- Tuesday July 16, 2024

Paul Hastings LLP on 7/17/2024

July 15, 2024 - The Conference of State Bank Supervisors and the National Association of State Credit Union Supervisors submitted a joint comment letter stating that the Federal Housing Finance Agency should not make any...more

Daily Financial Regulation Update -- Friday June 14, 2024

Paul Hastings LLP on 6/14/2024

June 13, 2024- President Joe Biden nominated current Commodity Futures Trading Commission Commissioner Christy Goldsmith Romero to be Chair and Member of the Federal Deposit Insurance Corporation. June 13, 2024 - ...more

Daily Financial Regulation Update -- Tuesday May 21, 2024

Paul Hastings LLP on 5/22/2024

May 20, 2024- Federal Deposit Insurance Corporation Chair Martin J. Gruenberg issued a statement announcing he is prepared to step down as Chair once a successor is confirmed. May 20, 2024 - Senator Sherrod Brown...more

Banking and Consumer Regulatory Digest - April 2024 - 2

Davis Wright Tremaine LLP on 5/6/2024

Federal Reserve Board. Extended comment period. On April 24, 2024, FRB and the Office of the Comptroller of the Currency said they would continue to accept comments on Capital One's proposed acquisition of Discover Financial...more

Daily Financial Regulation Update -- Tuesday April 16, 2024

Paul Hastings LLP on 4/17/2024

April 15, 2024 - The Federal Reserve Bank of New York published the April 2024 Empire State Manufacturing Survey. April 15, 2024- The Federal Reserve Bank of New York released the SCE Labor Market Survey results for...more

Daily Financial Regulation Update -- Monday, March 11, 2024

Paul Hastings LLP on 3/12/2024

March 11, 2024- Federal Deposit Insurance Corporation Vice Chair Travis Hill gave remarks at the Mercatus Center entitled, "Banking's Next Chapter? Remarks on Tokenization and Other Issues."...more

Daily Financial Regulation Update -- Wednesday, February 21, 2024

Paul Hastings LLP on 2/22/2024

February 20, 2024- The Financial Crimes Enforcement Network (FinCEN) published a small entity compliance guide today that provides an overview of the requirements regarding access to beneficial ownership information (BOI)...more

Daily Financial Regulation Update -- Wednesday, December 27 2023

Paul Hastings LLP on 12/27/2023

December 26, 2023- The Federal Deposit Insurance Corporation released the public sections of resolution plans of nine large domestic covered insured depository institutions due by December 1, 2023....more

Daily Financial Regulation Update -- Wednesday, December 20 2023

Paul Hastings LLP on 12/22/2023

December 19, 2023- U.S. House Committee on Financial Services Chair Patrick McHenry (R-NC), Representative Warren Davidson (R-OH), Senator Rick Scott (R-FL), and Senator Mike Rounds (R-SD) led 76 of their colleagues in...more

Daily Financial Regulation Update -- Friday, December 15 2023

Paul Hastings LLP on 12/15/2023

December 14, 2023 - FSOC Issues Annual Report- The Financial Stability Oversight Council released its 2023 annual report reviewing financial market developments, describing potential emerging threats to U.S. financial...more

Daily Financial Regulation Update -- Friday, December 8, 2023

Paul Hastings LLP on 12/8/2023

December 7, 2023- U.S. Senate Committee on Banking, Housing, and Urban Affairs Ranking Member Tim Scott (R-S.C.) and Banking Committee Republicans are calling on Federal Deposit Insurance Corporation Chairman Martin...more

Daily Financial Regulation Update -- Wednesday, November 22, 2023

Paul Hastings LLP on 11/22/2023

November 21, 2023- The U.S. Department of the Treasury, through the Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and IRS Criminal Investigation (CI), has settled with Binance...more

Proposed Rule on Quality Control Standards for Automated Valuation Models: Comments Closed and Now What?

Dechert LLP on 11/9/2023

The proposed rule, if adopted, would apply to mortgage originators and issuers of mortgage-backed securitizations that rely on automated valuation models (“AVMs”) to determine the value of real estate collateral. The...more

Daily Financial Regulation Update -- Wednesday, October 25, 2023

Paul Hastings LLP on 10/25/2023

October 24, 2023- The Federal Reserve Board, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency jointly issued a final rule to modernize regulations implementing the Community Reinvestment...more

Daily Financial Regulation Update -- Tuesday, October 17, 2023

Paul Hastings LLP on 10/17/2023

October 16, 2023- The U.S. Department of the Treasury and the Cyber Security Council of the United Arab Emirates announced the finalization of a bilateral Memorandum of Understanding on Cybersecurity Cooperation during a...more

Daily Financial Regulation Update -- Thursday, June 22, 2023

Paul Hastings LLP on 6/22/2023

June 21, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a nomination hearing on the following nominations: •The Honorable Philip Nathan Jefferson, of North Carolina, to be Vice Chairman of the...more

What Does the Nation's Second Largest Bank Failure Mean for Business?

Holland & Hart LLP on 5/2/2023

In what is now the second largest bank failure in United States history, the California Department of Financial Protection and Innovation closed embattled San Francisco-based First Republic Bank shortly after midnight...more

Daily Financial Regulation Update -- Friday, December 23, 2022

Paul Hastings LLP on 12/23/2022

December 22, 2022- The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation today issued a revised interagency statement to extend the...more

Daily Financial Regulation Update -- Friday, December 16, 2022

Paul Hastings LLP on 12/16/2022

December 15, 2022- The New York State Department of Financial Services released Guidance to banking organizations regulated by the NYDFS that wish to engage in virtual currency-related activities....more

Daily Financial Regulation Update -- Wednesday, November 23, 2022

Paul Hastings LLP on 11/23/2022

November 22, 2022- The Federal Reserve Board published a paper entitled, "Choices and Implications when Measuring the Local Supply of Prescription Opioids."...more

Daily Financial Regulation Update -- Saturday, October 22, 2022

Paul Hastings LLP on 10/24/2022

October 21, 2022 U.S. Secretary of the Treasury Janet L. Yellen and White House Office of Management and Budget Director Shalanda D. Young today released the final budget results for fiscal year 2022....more

Daily Financial Regulation Update -- Tuesday, October 18, 2022

Paul Hastings LLP on 10/18/2022

October 17, 2022- U.S. Department of the Treasury Office of Foreign Assets Control Director Andrea Gacki and HM Treasury Office of Financial Sanctions Implementation Director Giles Thomson published a joint article...more

Daily Financial Regulation Update -- Tuesday, October 4, 2022

Paul Hastings LLP on 10/4/2022

October 3, 2022- The Financial Stability Oversight Council held a meeting on October 3, 2022 where it unanimously approved its Report on Digital Asset Financial Stability Risks and Regulation....more

Daily Financial Regulation Update -- Thursday, August 11, 2022

Paul Hastings LLP on 8/11/2022

August 10, 2022- The Consumer Financial Protection Bureau issued an interpretive rule laying out when digital marketing providers for financial firms must comply with federal consumer financial protection law....more

Daily Financial Regulation Update -- Wednesday, August 3, 2022

Paul Hastings LLP on 8/3/2022

August 2, 2022- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "'The Rent Eats First': How Renters and Communities are Impacted by Today's Housing Market."...more

46 Results

View per page

Page: of 2

Federal Deposit Insurance Corporation › Freddie Mac

"My best business intelligence, in one easy email…"