DAILY060823
Bills Advanced re Emergency M&A, FDIC Ceiling
The Congressional Record today includes two Democratic bills with possible prospects despite House GOP control.
CFPB Extends Data Broker RFI Deadline
The CFPB today extended the comment deadline on its RFI inquiring about the business models and practices of data brokers.
Treasury Fairness/Compliance Initiative Targets Government Payments
Treasury today issued a new policy on promoting fair and effective compliance via a memorandum from Deputy Secretary Adeyemo.
Gensler Doubles Down On SEC Crypto Policy
In remarks today implicitly rebutting GOP assertions that the SEC has gone too far and new law expanding CFTC authority is needed, SEC Chairman Gensler strongly reasserted that most cryptoassets are securities subject to SEC oversight.
Bank Regulators, CFPB Encourage Appraisal Revaluation
Reflecting ongoing efforts to address appraisal bias, the banking agencies and the CFPB today proposed new interagency guidance on reconsiderations of value (ROV) for residential real estate, outlining the risks of deficient valuations and highlighting policies addressing them.