The Federal Reserve Board withdrew a 2023 policy statement and issued a new policy statement on the treatment of certain banks that facilitate responsible innovation. In 2023, the Board issue...
Read More
The U.S. House Committee on Financial Services advanced legislation this week that seeks to streamline housing development and affordability. The Housing for the 21st Century Act, H.R. 6644, seeks to...
Read More
The Office of the Comptroller of the Currency (OCC) recently issued proposed guidance for a simplified strategic plan process for community banks to comply with the Community Reinvestment Act (CRA). ...
Read More
The Federal Deposit Insurance Corporation (FDIC) approved an interim final rule related to the closures of Silicon Valley Bank and Signature Bank in March 2023. The interim final rule amends ...
Read More
The U.S. Office of the Comptroller of the Currency (OCC) released its Semiannual Risk Perspective for Fall 2025. The publication reported on the key issues facing banks and the federal banking system...
Read More
The U.S. Department of the Treasury and the Internal Revenue Service (IRS) announced two final tax regulations that support tribal businesses and families and recognize the sovereignty of tribal gov...
Read More
The U.S. Treasury Department’s Office of Cybersecurity and Critical Infrastructure Protection (OCCIP) issued an advisory to consumers recently warning about a surge in cyber-enabled scams and online...
Read More
SIFMA along with Ernst & Young published a report on the Securities and Exchange Commission’s (SEC) upcoming Treasury Clearing Rule. The report, titled “U.S. Treasury and Repo Clearing Done...
Read More
The Independent Community Bankers of America (ICBA) released data this week that illustrates the economic impact of allowing crypto intermediaries to pay interest on payment stablecoin holdings. I...
Read More
The Office of the Comptroller of the Currency (OCC) awarded conditional approval to five national trust bank charter applications. The OCC conditionally approved applications for de novo national ...
Read More