#executive Order

FedFin on: Antitrust Policy

Arezou Rafikian-12025-04-17T16:29:07-04:00April 17th, 2025|The Vault|

As required by an executive order (EO) from President Trump mandating both review and then repeal of any rules that adversely affect competition, the FTC is seeking public comment on which rules to target and whether these standards could be modified or must be rescinded to meet the President’s goals. This process will clearly invite new scrutiny of the bank-merger process, also likely to lead to comment from banking organizations seeking relief in areas such as de novo chartering requirements and access to brokered or reciprocal deposits….

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FedFin on: AI Implementation

Arezou Rafikian2024-06-12T14:46:06-04:00June 12th, 2024|The Vault|

Although pressed by Congress to reach conclusions about AI’s risk in the financial sectors, Treasury is following up the worries in the most recent FSOC report with only a request for information (RFI) from the public. The RFI follows an Executive Order (EO) from President Biden in 2023 instituting a “whole-of-government” program to identify best-use and high-problem aspects of AI from both a private- and -public sector perspective….

The full report is available to retainer clients. To find out how you can sign up for the service, click here and here.…