The SEC set a comment deadline on amendments to NFA compliance rules and interpretations related to AML suspicious activity report confidentiality.

House Financial Services Committee Chair Patrick McHenry (R-NC) and Subcommittee Chair Bill Huizenga (R-MI) characterized as "unacceptable" the SEC's failure to satisfy Congressional requests for information on (i) the charges against Sam Bankman-Fried of FTX, (ii) proposed regulations on climate change and (iii) digital asset entities that have sought to register with the SEC.

Federal Reserve Board Governor Christopher J. Waller argued that climate-related risks do not merit “special treatment” when monitoring the financial stability of the United States.

GAO Financial Markets and Community Investment Director Michael E. Clements testified on the findings from a GAO report on the regulatory and supervisory shortcomings related to the SVB and Signature Bank failures.

Expert witnesses called for independent investigations of the FRB and FDIC, greater accountability for regulators and supervisors, and "modernizing" deposit insurance, as the House Financial Services Subcommittee on Financial Institutions and Monetary Policy considers legislative proposals to address bank failures.