On Wednesday, the House Financial Services Committee will hold a hearing on terrorist financing; on Thursday, the committee will hear regulators’ perspectives on reducing regulatory burden. The House Small Business Committee will hold a hearing on Wednesday on protecting small business from cyber threats.
FDIC modifies approach to resolution planning for large banks
The goal is to focus the IDI resolution planning process on the operational information most relevant for the FDIC to resolve a large bank through a weekend sale or operate the institution for a short period of time...