In testimony before the House Financial Services Committee, Acting Comptroller Michael J. Hsu reviewed the OCC's current priorities and provided an update on regulatory initiatives.
News & Insights
The Congressional Research Service identified policy issues in the current debate on whether the Federal Reserve should create a central bank digital currency.
The PCAOB adopted (i) a new auditing standard that sets forth the "general responsibilities of the auditor in conducting an audit," and (ii) new quality control standards.
A U.S. District Court for the Northern District of Texas issued a preliminary injunction staying the CFPB's credit card late fee rule prior to its effective deadline of May 14, 2024.
The MSRB proposed a "noncontroversial" rule change to allow brokers, dealers and municipal securities dealers to classify an associated person's private residence as a "non-branch location" when used for certain limited supervisory activities.