Federal Reserve Vice Chair for Supervision Michelle W. Bowman asserted that the U.S. bank liquidity framework is in need of reform, arguing that current requirements prioritize regulatory compliance over genuine resilience.
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The National Futures Association described regulatory obligations related to common deficiencies found during examinations of futures commission merchants, forex dealer members, and introducing brokers.
Senate Banking Committee Chair Tim Scott and Ranking Member Elizabeth Warren released the legislative text of the bipartisan "21st Century ROAD to Housing Act," a comprehensive proposal to revise federal housing policy and expand access to affordable homeownership.
The American Bankers Association urged the Office of the Comptroller of the Currency to fully rescind its heightened risk governance guidelines for insured national banks.
FINRA adopted amendments to the Capital Acquisition Broker rules to expand permissible activities and reduce regulatory burdens.