Republicans on the House Financial Services Committee and the House Committee on Agriculture requested clarification from the SEC as to whether the Ethereum token, Ether, is a security.
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The OCC, the FRB and the FDIC jointly issued (i) an interim final rule that delays the applicability date of the facility-based assessment areas and public file provisions contained in the Community Reinvestment Act and (ii) a final rule that makes related technical amendments.
The FDIC proposed amendments to its Statement of Policy on Bank Merger Transactions relevant to all insured depository institutions.
At a House Financial Services Committee hearing titled "Importing Global Governance: Examining the Dangers of Ceding Authority Over American Financial Regulation," witnesses from the principal banking agencies testified on the interactions between the regulators and global regulatory bodies.
Witnesses at a House Financial Services Oversight Subcommittee hearing titled "SEC Overreach: Examining the Need for Reform" reviewed the agency's approach to rulemaking.