The FDIC entered into a purchase and assumption agreement with Flagstar Bank, N.A. to sell most deposits and certain loan portfolios of Signature Bridge Bank, N.A.

President Joseph R. Biden vetoed a resolution by Congress to disapprove the DOL's final rule explicitly allowing ERISA plan fiduciaries to consider environmental, social and governance factors when selecting investments and exercising certain shareholder rights.

House Financial Services Committee Chair Patrick McHenry (R-NC) and Ranking Member Maxine Waters (D-CA) urged the Government and Accountability Office to undertake an immediate examination of the causes leading to the closures of Silicon Valley Bank and Signature Bank.

SEC Chief Accountant Paul Munter described auditor’s supervisory responsibilities currently incorporated in the PCAOB standards, and provided "reminders on good practices for audit committees and issuers."

The CFPB is seeking comment on the business practices of data brokers and the collection and sale of consumer information.