Banking agencies release ‘living wills’ for largest banks
The Federal Reserve and FDIC released the public sections of the resolution plans — also known as “living wills” —...
Policy
Takeaways from the data release of borrowing from the Fed following Silicon Valley Bank’s failure
As the Fed releases additional discount window data, it will be possible to construct a more complete story.
New law seeks to help veterans struggling with homeownership
President Trump signed into law a bill that allows the Secretary of Veterans Affairs to take actions to help veterans...
Senate passes ABA-backed bill to curb abusive ‘trigger leads’
The Senate passed by unanimous consent legislation prohibiting credit reporting firms from selling mortgage applicant information to lenders who then...
Kugler to resign from Federal Reserve Board
Federal Reserve Governor Adriana Kugler will step down from her position on the Fed board, effective Aug. 8. She plans...
Court grants extension of pause in stress test lawsuit
A federal court granted a request by the Federal Reserve and a coalition of bank and business associations to extend...
House committee seeks input on data privacy, possible legislation
The House Financial Services Committee is seeking public feedback on current federal consumer financial data privacy law and potential legislative...
Bill would create regulatory labs for financial institutions to test AI
A bipartisan group of senators and House lawmakers introduced a bill to create regulatory “sandboxes” for artificial intelligence test projects...
White House task force releases recommendations for crypto policy
A White House task force released a report on strategies to strengthen U.S. leadership in digital assets, including policy recommendations...
FOMC holds rates steady
The FOMC announced that it will hold the target range for the federal funds rate at 4.25%-4.5%. However, Governors Michelle...
