The FDIC appointed Sultan Meghji as the agency's first Chief Innovation Officer.

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 an interim final rule to extend certain exceptions under the Paycheck Protection Program to allow bank executive officers, directors and principal shareholders to apply for loans from related bank affiliates on behalf of the small businesses they own.

A CFPB final rule to provide certain insured depository institutions and credit unions with an exemption from establishing escrow accounts for higher-priced mortgage loans was published in the Federal Register.