Weekly Brief: BoA Sued; SCOTUS Shortlists; Fund Fights Argentina
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 23, 2024- The U.S. House Committee on Small Business announced its February hearing schedule. January 23, 2024- The Department of the Treasury's Office of Foreign Assets Control, in coordination with Australia...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
December 8, 2023- The U.S. House Committee on Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion held a hearing entitled, "Connecting Communities: Building Innovation Ecosystems Across...more
On October 30, 2023, President Biden issued a wide-ranging Executive Order designed to protect Americans from potential risks associated with artificial intelligence (AI) systems. The Executive Order on the Safe, Secure, and...more
April 7, 2023- The Federal Reserve Bank of New York published a Liberty Street Economics blog post entitled, "How Do Interest Rates (and Depositors) Impact Measures of Bank Value?"...more
September 7, 2022- The U.S. Senate Committee on Banking, Housing, and Urban Affairs, hosted a listening session with consumers from around the country....more
August 8, 2022- The U.S. Department of the Treasury's Office of Foreign Assets Control sanctioned virtual currency mixer Tornado Cash, which was used to launder more than $7 billion worth of virtual currency since its...more
What legislative activity can we expect in 2020 in the area of housing finance reform? With the Senate kicking off the New Year with an impeachment trial, it is highly unlikely Congress will make much headway on housing...more
The U.S. Department of the Treasury and the Department of Housing released the much-anticipated housing finance reform plan to reduce the government’s role in housing and end government control of both Fannie Mae and Freddie...more
The U.S. Treasury Department recently issued a report titled “A Financial System That Creates Economic Opportunities-Banks and Credit Unions.” In addition to recommended changes for the CFPB, the report devotes substantial...more