Congressional Democrats urged Fair Isaac Corporation (a/k/a "FICO"), a data analytics company, to delay plans to include Buy Now, Pay Later data in consumer credit scores until reporting standards are established.
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Senate Republicans warned the Federal Reserve that elements of its Basel III Endgame proposal would impose unnecessary costs, restrict credit access, and weaken U.S. competitiveness.
The Federal Reserve Board of Governors finalized amendments to its Large Financial Institution and Insurance Supervisory Frameworks which revises the criteria for determining whether a firm is "well managed".
The American Bankers Association offered recommendations in support of the Federal Housing Finance Agency proposed Strategic Plan for Fiscal Years 2026-2030, including urging a stronger emphasis on proportional oversight based on an institution's size and complexity.
The Blockchain Association urged the U.S. Department of the Treasury to implement rules under the GENIUS Act that preserve payment efficiency, financial inclusion, and innovation.