September 13, 2024 - The General Counsel of the CFPB delivered a speech to the Poverty Law Conference addressing the variety of consumer protection laws that protect impoverished individuals and how innovation and financial...more
June 4, 2024- The Consumer Financial Protection Bureau issued a circular warning against the use of unlawful or unenforceable terms and conditions in contracts for consumer financial products or services. June 4, 2024- ...more
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
April 3, 2024- Federal Reserve Board Chair Jerome H. Powell gave opening remarks at the Stanford Business, Government, and Society Forum at Stanford Graduate School of Business, Stanford, California....more
January 4, 2024 The Federal Deposit Insurance Corporation published the FDIC Quarterly report entitled, "Implications of High Inflation for Banking Outcomes and Deposit Flows: Observations From 2021 to 2022 and the 1970s."...more
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
October 2, 2023- U.S. Department of the Treasury Assistant Secretary for Terrorist Financing and Financial Crimes Elizabeth Rosenberg gave remarks at the Association of Certified Anti-Money Laundering Specialists Assembly...more
September 18, 2023- New York State Department of Financial Services (DFS) issued an update on an ongoing initiative to strengthen DFS oversight of virtual currencies. September 18, 2023- The Federal Reserve Bank of New...more
June 1, 2023- The California Department of Financial Protection and Innovation (DFPI) and the Board of Governors of the Federal Reserve System (Federal Reserve) issued a joint consent order to facilitate the implementation...more
U.S. House Financial Services Committee Chairman Patrick McHenry (NC-10) sent a letter to Secretary of the Treasury Janet Yellen regarding Treasury's rumored Executive Order on outbound investment to China....more
May 1, 2023- The Federal Deposit Insurance Corporation (FDIC) released a comprehensive overview of the deposit insurance system and options for reform to address financial stability concerns stemming from recent bank...more
March 31, 2023- U.S. Senator Catherine Cortez Masto (D-Nev.) introduced the Financial Compensation for CFPB Whistleblowers Act to authorize the Consumer Financial Protection Bureau (CFPB) to award financial compensation to...more
February 23, 2023- The Federal Reserve Board, Federal Deposit Corporation, and Office of the Comptroller of the Currency issued a joint statement highlighting liquidity risks to banking organizations associated with certain...more
February 8, 2023- The U.S. House Committee on Financial Services Subcommittee on Capital Markets held a hearing entitled, "Empowering Entrepreneurs: Removing Barriers to Capital Access for Small Businesses."...more
October 31, 2022- Securities and Exchange Commission Commissioner Caroline A. Crenshaw gave remarks at the inaugural ECGI Responsible Capitalism Summit entitled, "Moving Forward in Our Lane."...more
October 24, 2022- Secretary of the Treasury Janet L. Yellen gave remarks at the Securities Industry and Financial Markets Association's Annual Meeting concerning, among other things, regulators' actions to address high...more
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
September 30, 2022- The U.S. Department of the Treasury's Office of Foreign Assets Control designated 14 persons in Russia's military-industrial complex, including two international suppliers, three key leaders of Russia's...more
September 28, 2022- The Federal Reserve Board finalized a supervisory framework for insurance organizations that are overseen by the Board....more
August 5, 2022- Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, Congresswoman Joyce Beatty (D-OH), Chair of the Subcommittee on Diversity and Inclusion, Congressman Al Green...more
August 1, 2022- The U.S. Department of the Treasury announced its current estimates of privately-held net marketable borrowing for the July – September 2022 and October – December 2022 quarters....more
Federal Agencies- Federal Reserve Bank of New York - Business Leaders Survey - June 16, 2022- The Federal Reserve Bank of New York released the June 2022 Business Leaders Survey....more
Federal Reserve Revises Framework for Determining Control of a Banking Organization The Federal Reserve has adopted a final rule to simplify and clarify its regulations for determining control of a banking organization for...more