In a "CFTC Talks" podcast, Acting Comptroller of the Currency Keith Noreika asserted that Dodd-Frank regulation has become a "competitive barrier" to entry for banking entities.
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President Trump signed into law the "Countering America's Adversaries Through Sanctions Act."
The Board of Governors of the Federal Reserve System requested public comment on two related proposals, including (i) a change in the rating system for large financial institutions, and (ii) the issuance of supervisory guidance for boards of directors under the new ratings system.
The United States Senate confirmed the nomination of David J. Kautter as Assistant Secretary for Tax Policy at the Treasury Department.
The Office of the Comptroller of the Currency published an updated version of the "Failure Acquisitions" booklet of the Comptroller's Licensing Manual.