The OCC issued two final rules that (i) codify national banks' authority to decide whether to establish and how to maintain real estate lending escrow accounts, and (ii) preempts 14 state and territorial laws requiring interest on those balances.

Trade Associations reacted to the Senate Banking Committee action on the Digital Asset Market Clarity Act.

The Senate Banking Committee advanced the Digital Asset Market Clarity Act by a 15–9 vote. As the bill moves to the Senate floor, sharp policy disagreements among legislators persist.

The CFTC granted conditional substituted compliance allowing a French nonbank swap dealer to satisfy CFTC swap dealer capital and financial reporting requirements by complying instead with the corresponding EU rules.

The SEC's Division of Corporation Finance is preparing a proposal to let public companies report financial results twice a year rather than quarterly.