Federal Legislative & Regulatory Updates

Tackling the Challenges of Penny Circulation

In a letter to Fed Chairman Jerome Powell, House Financial Services Committee Chairman French Hill (R-AR)…
Hearing on Deposit Insurance Reform

On Tuesday, the House Financial Services Committee held a hearing on deposit insurance reform. The committee…
Fed Governor Christopher Waller Clarifies ‘Skinny’ Master Account Idea

Federal Reserve Governor Christopher Waller has sought to clear up confusion about his proposal for the…
Total Household Debt

Total household debt increased by $197 billion to $18.59 trillion in the third quarter of 2025,…
Fed Revisions to Rating System for Large Banks

The Federal Reserve has finalized revisions to its supervisory rating framework for large banks. The current…
CFPB Cybersecurity Issues

The CFPB’s procedures for securing its information systems have deteriorated in recent months, according to a…
Bill to Reopen the Federal Government Has Additional Implications

The bill to reopen the federal government – HR 5371 – provides appropriations for most federal…
NCBA Seeks to Close Stablecoin Interest Payments Loophole

The NCBA has joined with state bankers associations nationwide to urge the U.S. Treasury Department to…
CFPB Rescinds Rules

The CFPB has rescinded a rule requiring certain nonbanks subject to final public orders obtained or…
Comptroller Gould Outlines OCC’s Regulatory Vision

Comptroller of the Currency Jonathan Gould at the 2025 ABA Annual Convention