Federal Reserve Board Governor Michelle W. Bowman criticized several recent banking proposals, calling on regulators to “appropriately calibrate and prioritize their supervisory and regulatory actions.”
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The New York State Department of Financial Services proposed a regulation establishing how supervisory and examination costs will be assessed on virtual currency businesses.
The FDIC adopted a rule that amends the "risk-based deposit insurance assessment system applicable to all large insured depository institutions."
The Federal Reserve Board adopted a final rule that raises the threshold on fee assessments for bank holding companies and savings and loan holding companies.
An FDIC proposal that would update the risk-based deposit insurance assessment system that applies to all large insured depository institutions was published in the Federal Register.