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Federal Reserve

Mayer Brown

US Senate Advances Housing Legislation that Includes a Ban on Institutional Investors Purchasing Single-Family Homes

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On March 12, 2026, the US Senate passed, by a vote of 89 to 10, bipartisan housing legislation that includes a prohibition on large institutional investors (“LIIs”) purchasing single-family homes (“SFHs”). The legislation,...more

Troutman Pepper Locke

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – March 2026 #2

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To keep you informed of recent activities, below are several of the most significant federal events that have influenced the Consumer Financial Services industry over the past week. ...more

Troutman Pepper Locke

Federal Banking Agencies Clarify Capital Treatment of Tokenized Securities

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On March 5, the Federal Deposit Insurance Corporation (FDIC), Federal Reserve Board, and Office of the Comptroller of the Currency (OCC) (collectively, the agencies) jointly issued FAQs clarifying how tokenized securities are...more

BakerHostetler

Weekly Blockchain Blog - March 2026 #2

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Major U.S. Payment Networks, Money Transfer Firms Launch Crypto Initiatives - This week, two major U.S. financial services companies that operate the world’s largest payment processing networks each announced initiatives...more

Orrick, Herrington & Sutcliffe LLP

Fed’s Bowman previews Basel revisions to bolster banks’ mortgage activity

On February 16, the Fed’s Vice Chair for Supervision Michelle Bowman discussed proposed changes to the Basel capital framework aimed at encouraging banks to re-engage in mortgage origination and servicing. She noted that...more

Troutman Pepper Locke

Kraken Secures Fed Master Account

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Payward Financial’s Wyoming Special Purpose Depository Institution (SPDI), Kraken Financial, has received a master account from the Federal Reserve Bank of Kansas City, giving it direct access to the Federal Reserve’s core...more

Goodwin

New York Proposes New Regulations for Buy-Now-Pay-Later Loans

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Welcome to Goodwin’s Financial Services News Roundup. Our newsletter highlights important legal, regulatory, and business developments related to financial services and banking....more

Orrick, Herrington & Sutcliffe LLP

Fed approves first-ever limited purpose master account for digital asset bank

On March 4, the Kansas City Fed announced that it has approved a limited purpose account for a Wyoming-chartered special purpose depository institution under its “Account Access Guidelines.” As previously covered by...more

Orrick, Herrington & Sutcliffe LLP

Kansas City Fed reports shifts in debit card fraud trends from 2021 to 2023

On February 25, the Kansas City Fed released updated debit card fraud statistics showing significant shifts in card-present and card-not-present trends for non-prepaid debit cards. Data from 2021 to 2023 revealed that...more

Orrick, Herrington & Sutcliffe LLP

Prudential regulators outline oversight reforms in Senate banking committee hearing

On February 26, Fed Vice Chair for Supervision Michelle Bowman, FDIC Chair Travis Hill, Comptroller of the Currency Jonathan Gould, and NCUA Chair Kyle Hauptman testified before the Senate Committee on Banking, Housing, and...more

Sheppard

Federal Reserve Proposes Rules to Codify Removal of “Reputation Risk” From Bank Supervision

Sheppard on

On February 23, the Federal Reserve Board announced a Notice of Proposed Rulemaking requesting comments on a proposal to formally remove “reputation risk” from its supervisory framework and prohibit examiners from encouraging...more

Lowenstein Sandler LLP

Crypto Brief - Lowenstein Crypto Newsletter - March 5, 2026

President Donald Trump Accuses Banks of Undermining GENIUS Act, Urges Passage of CLARITY Act- On March 4, Trump posted on Truth Social accusing the banking industry of undermining the Guiding and Establishing National...more

Morrison & Foerster LLP

MoFo's Financial Markets & Innovation - March 6 2026

Please see below for this week’s Financial Markets & Innovation Weekly Update from Morrison Foerster, tracking how digital asset firms, regulators, and policymakers are shaping the future of financial markets. Covering...more

Troutman Pepper Locke

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – March 2026

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To keep you informed of recent activities, below are several of the most significant federal events that have influenced the Consumer Financial Services industry over the past week....more

Ballard Spahr LLP

Fed Requests Comment On Plan To Remove Reputation Risk From Supervision Of Banks

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The Federal Reserve is requesting comments on a proposal to remove reputation risk from the supervision of banks it oversees. Comments on the Fed proposal are due April 27, 2026....more

Paul Hastings LLP

OCC Proposes Stablecoin Rule Under GENIUS Act, SEC Advances IPO Reform Agenda, and Senate Bill Seeks Expanded CFTC Funding

Paul Hastings LLP on

Federal financial regulators and lawmakers continued advancing digital asset and capital markets policy this week. The Office of the Comptroller of the Currency (OCC) released a proposed rule to implement the GENIUS Act,...more

Orrick, Herrington & Sutcliffe LLP

Fed proposes rule codifying elimination of reputation risk

On February 23, the Fed announced that it has issued an NPRM and requested public comment on a proposal to codify the removal of “reputation risk” from its supervisory programs. The proposed rule would also expressly prohibit...more

Cadwalader, Wickersham & Taft LLP

Regulatory Realignment: From Fed Policy to UK Framework Reform, February 2026 - Vice Chair Bowman Talks Tailoring

In opening remarks at the Federal Reserve Bank of Atlanta’s 2026 Banking Outlook Conference, Federal Reserve Vice Chair for Supervision Michelle Bowman outlined what she described as “the next horizon in banking” — a...more

Latham & Watkins LLP

FRB Proposes to Eliminate Reputation Risk from Banking Supervision

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The Proposal aims to center the FRB’s supervisory decisions on material financial risks and increase supervisory clarity and precision....more

Lowenstein Sandler LLP

Crypto Brief - Lowenstein Crypto Newsletter - February 26, 2026

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OCC Issues Proposed Rule to Implement the GENIUS Act- On Feb. 25, the Office of the Comptroller of the Currency (OCC) issued a 376-page Notice of Proposed Rulemaking (Bulletin 2026-3) to implement the Guiding and...more

Orrick, Herrington & Sutcliffe LLP

Democratic senators press fed vice chair for supervision on recent oversight actions

On February 18, two groups of senators, both led by Sen. Elizabeth Warren (D-MA), issued letters to the Fed’s vice chair for supervision requesting information on recent reported actions that the senators contend may weaken...more

IR Global

US dollar falls as Trump tariffs ruled unconstitutional

IR Global on

The pound (GBP) closed last week’s session on a positive note, with the UK’s latest PMI and retail sales both outpacing expectations....more

Troutman Pepper Locke

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – February 2026 # 4

Troutman Pepper Locke on

To keep you informed of recent activities, below are several of the most significant federal events that have influenced the Consumer Financial Services industry over the past week. ...more

Patomak Global Partners

Vice Chair Bowman Elaborates on Supervisory Priorities and Examination Approach

In a recent speech, Vice Chair for Supervision Bowman reiterated the Federal Reserve’s supervisory operating principles and described how the Fed’s supervision should work in practice....more

Orrick, Herrington & Sutcliffe LLP

Prudential regulators rescind liquidity coverage ratio FAQs

On February 10, the Fed, OCC and FDIC rescinded public FAQs from October 2017 related to the 2014 Liquidity Coverage Ratio (LCR) rule (covered by InfoBytes here), leaving the FAQs online while signaling plans to seek public...more

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