WORD OF THE DAY® – Clean-Up Call
April 16, 2025 - The U.S. Department of the Treasury released Treasury International Capital (TIC) data for February 2025. The next release, which will report on data for March 2025, is scheduled for May 16, 2025....more
March 26, 2025 - The U.S. House Committee on Financial Services Subcommittee on Financial Institutions held a hearing entitled “A New Era for the CFPB: Balancing Power and Reprioritizing Consumer Protections.”...more
February 11, 2025- The U.S. Senate Committee on Banking, Housing and Urban Affairs held a hearing entitled “The Semiannual Monetary Policy Report to the Congress.” The Committee heard testimony from the Honorable Jerome H....more
February 5, 2025 - The Federal Reserve Board released the hypothetical scenarios for its annual stress test, which helps ensure that large banks can lend to households and businesses even in a severe recession....more
January 16, 2025- The U.S. Committee on Banking, Housing and Urban Affairs held a hearing on the nomination of Mr. Eric Scott Turner, to be Secretary, U.S. Department of Housing and Urban Development....more
December 10, 2024 - The United States Department of the Treasury is announcing the disbursement of $20 billion for the benefit of Ukraine, as part of the $50 billion G7 Extraordinary Revenue Acceleration (ERA) Loans...more
December 4, 2024- The U.S. House Committee on Financial Services held a hearing entitled “Innovation Revolution: How Technology is Shaping the Future of Finance.”...more
November 19, 2024 - The U.S. Department of the Treasury and the IRS released final regulations that will expand the reach of the Inflation Reduction Act by helping entities that co-own clean energy projects access clean...more
November 14, 2024- The U.S. Department of the Treasury delivered its semiannual Report to Congress on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States....more
October 22, 2024- The Consumer Financial Protection Bureau finalized the Section 1033 Open Banking rule that requires financial institutions, credit card issuers, and other financial providers to unlock an individual’s...more
October 11, 2024 - The U.S. Department of the Treasury’s Community Development Financial Institutions Fund announced an agreement to issue three guarantees worth $498 million under the CDFI Bond Guarantee Program, the...more
August 9, 2024 - The U.S. Department of the Treasury, Federal Reserve Board, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, Securities and Exchange Commission, Commodity Futures Trading...more
July 2, 2024- The EU–U.S. Joint Financial Regulatory Forum took place on June 25-26, 2024, with participants exchanging views on topics of mutual interest as part of their regular financial regulatory dialogue. The...more
June 6, 2024- The Financial Stability Oversight Council (FSOC), in partnership with the Brookings Institution, hosted the first day of a conference on Artificial Intelligence (AI) and Financial Stability....more
January 29, 2024- The U.S. Department of the Treasury issued a finding and notice of proposed rulemaking (NPRM) that identifies an Iraqi bank that serves as a conduit for terrorist financing, as a foreign financial...more
January 18, 2024- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "National Security Challenges: Outpacing China in Emerging Technology."...more
October 12, 2023- The Consumer Financial Protection Bureau and Justice Department issued a joint statement that reminds financial institutions that all credit applicants are protected from discrimination on the basis of...more
September 14, 2023- The U.S. House Committee on Financial Services Subcommittee on Financial Institutions and Monetary Policy held a hearing entitled, "Implementing Basel III: What's the Fed's Endgame?"...more
June 16, 2023- The Chair of the Senate Banking, Housing, and Urban Affairs Committee and ranking member of the House Financial Services Committee sent a letter to the Secretary of the U.S. Department of the Treasury and the...more
December 13, 2022- State bank supervisors have appointed New York State Department of Financial Services Superintendent Adrienne A. Harris to serve as the state banking supervisor's representative on the Financial Stability...more
December 6, 2022- Sen. Sherrod Brown (D-OH), Chair of the Senate Committee on Banking, Housing, and Urban Affairs, along with Sen. Bob Casey (D-PA) and Sen. Chris Van Hollen (D-MD), introduced the Close the Shadow Banking...more
November 3, 2022- The U.S. Department of the Treasury and the Internal Revenue Service issued three additional notices requesting public input on key climate and clean energy tax incentives in the Inflation Reduction Act....more
October 24, 2022- Secretary of the Treasury Janet L. Yellen gave remarks at the Securities Industry and Financial Markets Association's Annual Meeting concerning, among other things, regulators' actions to address high...more
October 18, 2022- The Federal Deposit Insurance Corporation adopted a final rule to increase initial base deposit insurance assessment rate schedules uniformly by 2 basis points beginning in the first quarterly assessment...more
October 6, 2022- U.S. Secretary of the Treasury Janet L. Yellen announced that Treasury has signed a loan agreement for the Clean Technology Fund—a multilateral trust fund which helps to scale up low carbon technologies in...more