FDIC Director Jonathan McKernan expressed skepticism on the Basel Committee's proposed "endgame" for capital standards.
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The Federal Reserve Board and the FDIC adjusted the asset-size thresholds for "small bank" and "intermediate small bank" as required under Community Reinvestment Act regulations.
The OCC, the Federal Reserve Board and the FDIC extended the comment deadline on a proposed rule on long-term debt requirements. The comment period was extended to January 16, 2024.
The OCC, the FDIC and the Federal Reserve Board finalized guidance for senior management of large banks on managing exposures to climate-related financial risks.
The FDIC proposed amendments to the Federal Deposit Insurance Act to allow certain individuals who have prior convictions to work for FDIC-insured financial institutions.