Federal Reserve Vice Chair for Supervision Michelle W. Bowman urged a pragmatic approach to updating the bank regulatory framework to lessen complexity and burden.

A broad set of financial, business, and crypto trade associations urged members of the U.S. House of Representatives to support the Financial Stability Oversight Council Improvement Act of 2025.

In a Targeted Examination Letter, FINRA asked member firms that have been involved in multiple small-cap offerings to respond to a series of questions about their activities with exchange-listed issuers that have business operations in foreign jurisdictions. FINRA singled out China as a jurisdiction of interest.

FINRA President and CEO Robert Cook reported that the organization is expanding its use of generative artificial intelligence to enhance regulatory effectiveness and efficiency.

The Consumer Financial Protection Bureau withdrew a proposed rule to create a public registry of nonbanks using contract terms — such as arbitration clauses, liability limits, and claim waivers — that limit consumer legal protections.