Industry participants and state regulators disagree as to whether proposed federal legislation to standardize privacy and security protections for consumer data should preempt state law.

The FDIC proposed updating the accounting standards in the risk-based deposit insurance assessment system applicable to insured depository institutions with over $10 billion in assets.

The CFPB extended the comment period for a Request for Information ("RFI") on obstacles that prevent consumers from having high-quality interactions with large depository institutions.

The National Credit Union Administration ("NCUA") raised the threshold for assigning supervision over federally insured credit unions to the Office of National Examinations and Supervision.

The National Credit Union Administration proposed a rule to require reporting of certain cyber incidents.