SIFMA Managing Director Chris Killian warned that poorly designed reforms for Fannie Mae and Freddie Mac (the "GSEs") could undermine the liquidity, uniformity, and affordability that define the U.S. housing finance system.

Based on a recent investor survey, the Securities Industry and Financial Markets Association concluded that shifting investor expectations and rapid technological change are driving the investment industry toward hybrid business models that combine human trust with digital innovation.

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.

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".