Commentary by Sebastian Souchet
The U.S. Senate Committee on Banking, Housing and Urban Affairs considered testimony on the regulation of stablecoins and the risks they pose to the U.S. financial system.
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Commentary by Sebastian Souchet
The OCC adopted a final rule under the Community Reinvestment Act to rescind a June 2020 rulemaking.
President Joseph R. Biden will nominate Sandra L. Thompson to serve as Director of the Federal Housing Finance Agency.
CFPB Director and FDIC Board Member Rohit Chopra criticized FDIC Chair Jelena McWilliams for preventing an FDIC Board vote to publish a Request for Information on the FDIC's Bank Merger Act regulations, even though the Request had support from a majority of the FDIC Board.
A broker-dealer and a clearing firm settled FINRA charges for inadequate supervision of the "rollover" of investments in Unit Investment Trusts.