The FDIC plans to scale back its resolution-planning rule for large banks. Chair Travis Hill said the agency would reward those that can hand over key data quickly with lower deposit-insurance assessments.
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FINRA clarified how its rules apply to transaction-based compensation tied directly to personal services entities without the entities registering as broker-dealers.
The New York State Department of Financial Services proposed regulations governing payment stablecoin issuers. The proposed regulations are intended to align with the federal GENIUS Act.
Federal Reserve Governor Michael Barr decried recent efforts that weaken bank regulation and supervision.
Senator Elizabeth Warren demanded that the CFTC turn over records on its oversight of cryptocurrency and prediction markets. The Senator alleged that the agency has been captured by the industries it regulates.