U.S. Senators Elizabeth Warren (D-MA) and Rick Scott (R-FL) introduced bipartisan legislation that would establish an independent inspector general for the Federal Reserve Board and the CFPB.

CFTC Commissioners weighed in on recent cybersecurity and technology developments within the derivatives markets. The issues were considered at the CFTC Technology Advisory Committee Meeting.

At the National Grain and Feed Association Convention, CFTC Chair Rostin Behnam reported that the 2023 Farm Bill is being designed to strengthen the resilience, accessibility and cost-effectiveness of the derivatives markets to respond to agricultural market developments.

The DOL reopened the comment period on the Employee Benefits Security Administration’s proposed amendments to the Qualified Professional Asset Manager or "QPAM" class exemption.

The OCC requested comment on a proposal to amend its standards for clearing members, including the scope of financial institutions eligible to apply for membership.