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Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday June 25, 2024

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June 24, 2024 - U.S. Secretary of the Treasury Janet L. Yellen gave remarks on housing policy and announcing new efforts by the Treasury Department using its existing authorities to increase the supply of housing....more

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Daily Financial Regulation Update -- Thursday May 16, 2024

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May 15, 2024- The U.S. House Committee on Financial Services held a hearing entitled, “Oversight of Prudential Regulators.” The Committee heard testimony from: the Honorable Michael Barr, Vice Chairman for Supervision,...more

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Daily Financial Regulation Update -- Thursday, February 15, 2024

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February 14, 2024- The U.S. House Committee on Financial Services held a hearing entitled, "Oversight of the Financial Crimes Enforcement Network (FinCEN) and the Office of Terrorism and Financial Intelligence (TFI)." The...more

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Daily Financial Regulation Update -- Thursday, December 14 2023

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December 13, 2023- The U.S. House Committee on Financial Services Subcommittee on Oversight and Investigations held a hearing entitled, "Moving the Money Part 2: Getting Answers from the Biden Administration on the Iranian...more

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Daily Financial Regulation Update -- Friday, December 8, 2023

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December 7, 2023- U.S. Senate Committee on Banking, Housing, and Urban Affairs Ranking Member Tim Scott (R-S.C.) and Banking Committee Republicans are calling on Federal Deposit Insurance Corporation Chairman Martin...more

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Daily Financial Regulation Update -- Thursday, November 23, 2023

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November 22, 2023- The Federal Reserve Board, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency announced that they will extend until January 16, 2024, the comment period on their...more

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Daily Financial Regulation Update -- Tuesday, November 21, 2023

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November 20, 2023- The Department of Financial Protection and Innovation announced it is seeking public comment prior to engaging in formal rulemaking for the new Digital Financial Assets Law, which was signed into law by...more

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Daily Financial Regulation Update -- Tuesday, November 7, 2023

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November 6, 2023- The Bank of England, Prudential Regulation Authority, and UK Financial Conduct Authority published their proposed approach to innovation in payments, money and money-like instruments. The proposals are...more

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Daily Financial Regulation Update -- Wednesday, October 18, 2023

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October 17, 2023- Senior officials from the Federal Reserve Board, Bank of England, Federal Deposit Insurance Corporation, Commodity Futures Trading Commission, and Securities and Exchange Commission convened a hybrid...more

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Daily Financial Regulation Update -- Wednesday, September 20, 2023

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September 19, 2023- The U.S. House Committee on Financial Services Subcommittee on Capital Markets held a hearing entitled, "Oversight of the SEC's Division of Investment Management."...more

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Daily Financial Regulation Update -- Wednesday, September 13, 2023

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September 12, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "Oversight of the U.S. Securities and Exchange Commission."...more

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Daily Financial Regulation Update -- Tuesday, September 12, 2023

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September 11, 2023- The Federal Reserve Bank of New York's Center for Microeconomic Data released the August 2023 Survey of Consumer Expectations, which shows that inflation expectations were largely stable, rising...more

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Daily Financial Regulation Update -- Monday, July 17, 2023

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July 14, 2023- The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Chairman of the House Agriculture Committee, Glenn "GT" Thompson (PA-15), issued the following statement regarding the...more

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Daily Financial Regulation Update -- Thursday, June 29, 2023

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Federal Reserve Board- Results of 2023 bank Stress Test Released- The Board of Governors of the Federal Reserve Board (Federal Reserve) released the results of its annual stress test, documenting that the nation's...more

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Daily Financial Regulation Update -- Friday, June 23, 2023

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June 22, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "The Semiannual Monetary Policy Report to the Congress." June 22, 2023- The U.S. House Committee on Financial...more

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Daily Financial Regulation Update -- Friday, May 26, 2023

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May 25, 2023- The U.S. House Committee on Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions held a hearing entitled, "International Financial Institutions in an...more

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Daily Financial Regulation Update -- Wednesday, May 17, 2023

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May 16, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "Examining the Failures of Silicon Valley Bank and Signature Bank."...more

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Daily Financial Regulation Update -- Tuesday, May 16, 2023

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May 15, 2023- U.S. Senator Sherrod Brown (D-OH), Chairman of the Senate Banking, Housing, and Urban Affairs Committee, and Congresswoman Maxine Waters (D-CA-43), Ranking Member of the House Financial Services Committee, led...more

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Daily Financial Regulation Update -- Thursday, May 4, 2023

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May 3, 2023- The Board of Governors of the Federal Reserve System (Federal Reserve) Federal Open Market Committee issued a statement raising the target range for the Federal funds rate to 5 to 5-1/4 percent....more

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Daily Financial Regulation Update -- Thursday, April 27, 2023

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April 26, 2023- House Financial Services Committee Chairman Patrick McHenry (NC-10), Digital Assets, Financial Technology and Inclusion Subcommittee Chairman French Hill (AR-02), and Oversight and Investigations Subcommittee...more

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Daily Financial Regulation Update -- Wednesday, April 19, 2023

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April 18, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing on the nominations of- i) Dr. Jared Bernstein, of Virginia, to be Chairman of the Council of Economic Advisers, Executive...more

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Daily Financial Regulation Update -- Friday, March 31, 2023

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March 30, 2023- The Consumer Financial Protection Bureau (CFPB) has finalized a rule required by Congress to increase transparency in small business lending, promote economic development, and combat unlawful discrimination....more

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Daily Financial Regulation Update -- Tuesday, March 28, 2023

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March 27, 2023- The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement for all deposits and loans of Silicon Valley Bridge Bank, National Association, by First–Citizens Bank & Trust...more

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Daily Financial Regulation Update -- Thursday, February 16, 2023

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February 15, 2023- The Securities and Exchange Commission (SEC) today proposed rule changes to enhance protections of customer assets managed by registered investment advisers. If adopted, the changes would amend and...more

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Daily Financial Regulation Update -- Saturday, December 17, 2022

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December 16, 2022- Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, and Senator Cory Booker (D-NJ) sent a letter to the United States Government Accountability Office (GAO)...more

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