The Bank Policy Institute urged the FDIC to address risks from industrial loan companies by pausing new applications and strengthening oversight of their parent firms.

In remarks at the Better Markets Academic Advisory Board Annual Conference, SEC Commissioner Caroline A. Crenshaw cautioned against efforts to expand retail investor access to private markets.

SEC Chair Paul Atkins and Commissioners Hester Peirce and Caroline Crenshaw asked the Investor Advisory Committee to consider issues on the regulation of foreign private issuers and on allowing retail investors access to private markets.

The Treasury Department requested public input on "questions relating to the implementation of the Guiding and Establishing National Innovation for U.S. Stablecoins Act" ("GENIUS Act").

At an SEC roundtable on trade-through prohibitions, SEC Commissioners debated whether the "Order Protection Rule" continues to protect investors or instead burdens markets with costs and fragmentation.