The Federal Reserve and FDIC took actions last week designed to facilitate crypto-related activities. The Federal Reserve rescinded its anti-crypto 2023 policy statement and replaced it w...
The FDIC and OCC propose to codify safety and soundness and reputational risk. This update contains our key takeaways, views on immediate steps banks should consider and a summary of the ...
The President has signed the bipartisan GENIUS Act – a landmark stablecoin bill – into law. Our client update breaks down the key provisions of the GENIUS Act and includes charts summ...
The Senate just passed the bipartisan GENIUS Act, a landmark stablecoin bill, by a 68-30 vote. Attention now turns to whether and how the House of Representatives will advance its version...
The OCC has reversed recent changes to its bank merger policies through an interim final rule. Our client update is a refresher on the new state of play for Bank Merger Act applications t...
House Republicans have set forth their agenda for the financial regulators. Our deck organizes, by agency, the full list of asks in ten recent letters signed by House Republicans. We ha...
Senator Hagerty’s new stablecoin bill – with bipartisan support – builds on several prior bills. The bill offers a compromise to a stumbling block in the last Congress: how to alloc...
A federal payments charter has been on the policy agenda since the first Trump administration and has garnered support from policymakers on both sides of the aisle. New technologies that ...
The FDIC proposal is the latest measure by the federal banking agencies to address perceived risks arising from bank-fintech arrangements – in this case, those involving “custodial ac...
