WORD OF THE DAY® – Clean-Up Call
February 25, 2025- The Financial Deposit Insurance Corporation released the Quarterly Banking Profile for Q4 2024 with reports from 4,487 commercial banks and savings institutions insured by the FDIC which reported a...more
October 16, 2024 - New York State Department of Financial Services (DFS) issued new guidance to assist regulated entities in addressing and combating cybersecurity risks arising from artificial intelligence....more
August 1, 2024- The European Artificial Intelligence Act (AI Act), the world's first comprehensive regulation on artificial intelligence, which was designed to ensure that AI developed and used in the EU is trustworthy,...more
July 15, 2024 - The Conference of State Bank Supervisors and the National Association of State Credit Union Supervisors submitted a joint comment letter stating that the Federal Housing Finance Agency should not make any...more
December 8, 2022- U.S. Sen. Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, and U.S. Sen. Pat Toomey (R-PA), Ranking Member of the Senate Committee on Banking, Housing, and...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 3, 2022- The Financial Stability Oversight Council held a meeting on October 3, 2022 where it unanimously approved its Report on Digital Asset Financial Stability Risks and Regulation....more
September 12, 2022- The Federal Reserve Board published a paper entitled, "The impact of risk cycles on business cycles: a historical view."...more
July 5, 2022- Under Secretary for Domestic Finance Nellie Liang gave remarks at King's College London's Global Banking and Finance Conference addressing current macroprudential regulation, and looking ahead at emerging...more
Congress- U.S. House of Representatives- Committee on Small Business- Committee Announces June Hearings- May 27, 2022- The House Small Business Committee announced several committee hearings throughout June:...more