The Consumer Financial Protection Bureau modified its policies concerning civil investigative demands. The updated policy requires more information about "potentially wrongful conduct under investigation."
The Office of the Comptroller of the Currency, the FDIC and the Board of Governors of the Federal Reserve System issued an updated policy statement on coordination among the federal banking agencies during formal enforcement actions.
The Board of Governors of the Federal Reserve System is seeking comments on proposed changes to (i) guidelines for entities appealing adverse material supervisory determinations and (ii) FRB policy detailing the responsibilities of the Ombudsman.
Senators questioned whether the Consumer Financial Protection Bureau investigation into the Equifax data breach has been halted. The letter comes in response to a recent report suggesting Acting Director Mulvaney relaxed the investigation.