McHenry, Barr Blast Basel Adherence in End-Game Regs
Although today’s hearing challenging regulatory actions aligned with global regulators was postponed, HFSC Chairman McHenry (R-NC) and Financial Institutions Subcommittee Chairman Barr (R-KY) today kept up the pressure, releasing a letter to the GAO commissioning a study of the end-game rules.
New CRA Reg Sets Controversial, Complex Standards
FDIC OIG: Supervisors Missed So Much, Acted So Slowly re SBNY
House Republicans Pressure Biden on $6 Billion Iran Ransom
Although HFSC continues to cancel all its hearings as the speakership battle continues, its Oversight Subcommittee today optimistically released a memo outlining goals for Thursday’s Iran-sanctions hearing.
Treasury Presses CSPs to Negotiate With Banks
Treasury Assistant Secretary for Financial Institutions Graham Steele today highlighted Treasury’s work with cloud service providers (CSPs) to improve transparency and security.
Divided FDIC Advances CRA Rewrite, Climate-Risk Principles
As anticipated, the FDIC on a 3-2 vote joined the Fed in approving a 1400+ page final CRA rule.