The Blockchain Association and the Crypto Council for Innovation pressed Senate Banking Committee leaders to reject efforts by banking trade groups to amend the recently enacted GENIUS Act.
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The Treasury Department issued a request for comment ("RFC") on methods to detect and mitigate illicit finance risks involving digital assets.
SIFMA issued revised Model Agreements for Negotiated Municipal Bond Underwritings.
A group of financial trade associations urged the House Committee on Energy and Commerce to exempt companies that offer consumer financial products or services (under the Gramm-Leach-Bliley Act ("GLBA")) from additional federal data privacy legislation.
The American Bankers Association urged federal banking regulators to rescind the 2023 Community Reinvestment Act ("CRA") Rule and reinstate the 1995 CRA framework.