FDIC Chair Martin J. Gruenberg, Federal Reserve Board Vice Chair for Supervision Michael S. Barr and Treasury Undersecretary for Domestic Finance Nellie Liang testified before the House Financial Services Committee on the Signature Bank and Silicon Valley Bank failures.

SIFMA, SIFMA Asset Management Group and the Bank Policy Institute urged the SEC not to adopt a proposed rule which would prohibit an asset-backed security "securitization participant" from engaging in any transaction that would involve or result in a material conflict of interest.

CFTC Chair Rostin Behnam requested an annual budget of $411 million for fiscal year 2024 to support enforcement, market oversight, clearing and risk and to expand the agency's ability to collect and analyze market and industry data.

The SEC charged a trading platform and its founder with illegally raising $8 million through the unregistered offering and selling of a crypto asset security.

The CFPB determined that the commercial financing disclosure laws required under California, New York, Utah, and Virginia state law are not preempted by the Truth in Lending Act.