Researchers from the Office of Financial Research provided a "complete" review of the U.S. repo market and warned that the "interwoven" nature of banks and nonbank financial institutions creates potential channels for contagion during periods of market stress.

Federal Reserve Governor Michael S. Barr highlighted challenges federal and state regulators face in implementing the Guiding and Establishing National Innovation for U.S. Stablecoins Act.

The Office of the Comptroller of the Currency issued a final rule rescinding its recovery planning guidelines for large insured banks and savings associations.

The Congressional Research Service reviewed risks in the $2 trillion private credit market amid concerns about widespread redemption restrictions.

The Financial Crimes Enforcement Network proposed a rule to create a whistleblower program offering financial incentives and anti-retaliation protections for reporting potential AML and sanctions violations.