HFSC Sets Course for Contentious Supervisory Hearing

HFSC’s majority-staff memo ahead of Wednesday’s hearing with prudential regulators lists an array of pending rules and transactions as a platform for numerous measures changing current standards.

Basel Battles on for End-Game, Punts Crypto Regs

The Basel Committee’s supervisory group of central bankers and supervisors (GHOS) today continued to press the U.S., U.K., and EU to finalize Basel III’s end-game rules quickly and compatibly with the 2017 package.

Yellen Rebukes FDIC Workplace Culture

Ahead of what are sure to be grueling hearings, Treasury Secretary Yellen today told press that the behavior described in the recent FDIC report was “totally unacceptable” and did not align with the Biden administration’s core values.

Daily051324.pdf