The American Banker Association expressed concern over a CFPB proposal to establish a public registry designed to collect information about public agency orders and judgments related to violations of the consumer protection laws.
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Senator Catherine Cortez Masto (D-NV) reintroduced a bill to amend the Consumer Financial Protection Act of 2010 to provide greater incentives and protections to whistleblowers.
The CFPB issued guidance on the abusive conduct prohibitions under the Consumer Financial Protection Act. The CFPB summarized how it analyzes the elements of the "abusiveness prohibitions" in order to provide a "framework to fellow government enforcers and to the market for how to identify violative acts or practices."
The Congressional Research Service compared the existing Federal Reserve Bank discount window with the new FRB's Bank Term Funding Program being used in response to the failures of Silicon Valley Bank and Signature Bank.
Industry groups and market participants urged reconsideration of SEC equity market rule proposals on best execution, variable minimum pricing for NMS quotations and trades, order competition and order execution disclosure.