Uncategorized
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ICYMI: Budd’s TRUST Act Gains Strong Support Across Leading Bank Trade Groups
U.S. Senator Ted Budd’s (R-N.C.) bipartisan Tailored Regulatory Updates for Supervisory Testing (TRUST) Act, aimed at…
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Crypto in Spotlight
On Thursday, the Senate Agriculture Committee is expected to take up the Digital Commodities Consumer Protection…
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Credit Cards in Focus
President Trump has proposed a one-year cap of 10% on credit card interest rates. Senate Majority…
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Preserving Federal Reserve Independence
On Sunday, Fed Chairman Jerome Powell announced that the Department of Justice has launched an investigation…
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Markup of Stablecoin Bill Postponed
Late Wednesday, the Senate Banking Committee postponed its January 15 meeting, where it had planned to…
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Crypto-Asset Transactions
The OCC has published Interpretive Letter 1188 confirming that a national bank may engage in riskless…
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Implications of Tenth Circuit Case
Comptroller of the Currency Jonathan V. Gould has issued a statement following the decision by the…
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Lawmakers Urge Treasury to Release Guidance
House Financial Services Committee Ranking Member Maxine Waters (D-CA) and Senate Banking Committee Ranking Member Elizabeth…
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OCC Actions
Effective immediately, the OCC is ending the annual mandatory data collection from community banks under the…