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Comptroller Issues Statement Explaining Abstention from FDIC Vote on Resolution Plan Feedback
May 25, 2026 / Source: OCC
News Release 2026-41|May 22, 2026 WASHINGTON—Comptroller of the Currency Jonathan V. Gould issued the following statement today on his abstention from the Federal Deposit Insurance Corporation (FDIC) vote on feedback concerning the July 2025 Dodd-Frank Act Section 165(d) resolution plans: I am abstaining from voting on the FDIC staff’s proposal regarding the resolution plans of the…
Agencies Publish Resolution Plan Feedback Letters for Certain Domestic and Foreign Banking Organizations
May 25, 2026 / Source: FDIC
Joint Release Federal Deposit Insurance Corporation Federal Reserve Board May 22, 2026 WASHINGTON – The Federal Deposit Insurance Corporation and the Federal Reserve Board today published feedback letters for several resolution plans submitted in July 2025. Resolution plans, also known as living wills, must describe a banking organization’s strategy for orderly resolution in the event…
Mortgage Rates Average 6.51%
May 21, 2026 / Source: Freddie Mac
MCLEAN, Va., May 21, 2026 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.51%. “The 30-year fixed-rate mortgage averaged 6.51% this week,” said Sam Khater, Freddie Mac’s Chief Economist. “As rates fluctuate, aspiring buyers should remember that by shopping around for the…
SEC and NFA Announce Memorandum of Understanding to Further Harmonize Regulatory Coordination
May 21, 2026 / Source: SEC
For Immediate Release 2026-47 Washington D.C., May 21, 2026 — The Securities and Exchange Commission (SEC) and National Futures Association (NFA) today announced that they have entered into a Memorandum of Understanding (MOU) to enhance their cooperation, coordination, and information sharing in areas of common regulatory interest. The MOU will enhance SEC and NFA staff’s…
Fact Sheet: President Donald J. Trump Integrates Financial Technology Innovation into Regulatory Frameworks
May 20, 2026 / Source: The White House
The White House May 19, 2026 BREAKING BARRIERS FOR FINANCIAL TECHNOLOGY INNOVATION AND COMPETITION: Today, President Donald J. Trump signed an Executive Order to streamline regulations and promote financial innovation and collaboration between financial technology (fintech) firms, federally regulated financial institutions, and Federal financial regulators. PROMOTING FINANCIAL INNOVATION AND CUTTING OUT REGULATORY PROTECTIONS FOR INCUMBENTS: President Trump…
Executive Order: Integrating Financial Technology Innovation Into Regulatory Frameworks
May 20, 2026 / Source: The White House
Executive Orders May 19, 2026 By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1. Policy. The United States is a global leader in financial innovation, driven in part by the rapid growth of financial technology (fintech) firms. These firms…
Fact Sheet: President Donald J. Trump Restores Integrity to America’s Financial System
May 20, 2026 / Source: The White House
The White House May 19, 2026 SECURING AMERICA’S FINANCIAL SYSTEM: Today, President Donald J. Trump signed an Executive Order to protect America’s financial system from illicit activity, strengthen customer identification requirements for financial institutions, and address the credit risks posed by extending financial services to non-work authorized illegal aliens. RESTORING BANKING INTEGRITY: President Trump is taking action…
Executive Order: Restoring Integrity to America’s Financial System
May 20, 2026 / Source: The White House
Executive Orders May 19, 2026 By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1. Purpose. America’s financial institutions serve a critical role in safeguarding the American people against financial fraud and abuse. My Administration has taken significant steps to…
Federal Reserve Board requests public comment on a proposal to establish a “payment account,” which legally eligible financial institutions could use for the specific purpose of clearing and settling their payments
May 20, 2026 / Source: Federal Reserve
May 20, 2026 Following earlier public input, the Federal Reserve Board on Wednesday requested public comment on a proposal to establish a “payment account,” which legally eligible financial institutions could use for the specific purpose of clearing and settling their payments. As the payments landscape rapidly evolves, financial institutions with an increasingly wide range of…
Comptroller Statement on Proposed Revisions to the Uniform Financial Institutions Ratings System
May 19, 2026 / Source: OCC
News Release 2026-39|May 19, 2026 WASHINGTON—Comptroller of the Currency Jonathan V. Gould issued the following statement today about the Federal Financial Institutions Examination Council’s (FFIEC) proposed revisions to the Uniform Financial Institutions Rating System, commonly known as the CAMELS rating system. I appreciate the collaborative efforts of the FFIEC and its member agencies in developing the…
Supervisory Ratings: Proposed Revisions to the Uniform Financial Institutions Rating System
May 19, 2026 / Source: OCC
OCC Bulletin 2026-22|May 19, 2026 The Federal Financial Institutions Examination Council today invited public comment on proposed revisions to the Uniform Financial Institutions Rating System, commonly known as the CAMELS rating system, to focus ratings on material financial risk and improve the transparency of ratings. Comments on all aspects of the proposed revisions are due 90…
Preemption Determination: State Interest-on-Escrow Laws
May 19, 2026 / Source: Office of the Comptroller of the Currency (OCC), Treasury.
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury. ACTION: Final rule. SUMMARY: The OCC is issuing a preemption determination concluding that Federal law preempts State laws that restrict OCC-regulated banks’ flexibility to decide whether and to what extent to pay interest or other compensation on funds placed in real estate escrow accounts; or…
OCC Advances Priority of Reducing Regulatory Burden for Community Banks
May 18, 2026 / Source: OCC
News Release 2026-38|May 18, 2026 WASHINGTON—The Office of the Comptroller of the Currency (OCC) continues to prioritize supervisory and regulatory reforms to reduce burden for community banks and support their role as drivers of economic growth. Most community banks are well capitalized and well managed, conduct business in a safe and sound manner, and engage in…
National Rates and Rate Caps – May 2026
May 18, 2026 / Source: FDIC
Monthly Update On December 15, 2020, the FDIC Board of Directors approved a Final Rule (PDF) making certain revisions to the interest rate restrictions applicable to less than well capitalized institutions (as defined in Section 38 of the Federal Deposit Insurance Act), which are effective on April 1, 2021. The interest rate restrictions generally limit a less…
SEC Rescinds Policy Regarding Denials of Settlements in Enforcement Actions
May 18, 2026 / Source: SEC
This policy change will allow the Commission to settle enforcement actions without requiring defendants to agree not to publicly deny the agency’s allegations For Immediate Release 2026-45 Washington D.C., May 18, 2026 — The Securities and Exchange Commission today rescinded a policy, codified in Rule 202.5(e) of its informal rules of procedures, stating that when…
OCC’s Final Rules Preempting State Interest on Escrow Laws Are Unlawful
May 18, 2026 / Source: CSBS
May 15, 2026 | Download PDF Washington, D.C. – The Conference of State Bank Supervisors (CSBS) opposes the Office of the Comptroller of the Currency’s (OCC) decision today to broadly preempt state laws requiring payment of a modest amount of interest on homeowner funds held in mortgage escrow accounts. Statement by CSBS President and CEO Brandon Milhorn: “These…
Nacha Seeks Comments on Nacha Rules Proposals
May 17, 2026 / Source: Nacha
Nacha is always looking to enhance the ACH Network, which is why we’re asking for input on some new Nacha Operating Rules proposals. First is a Request for Comment (RFC) on a Rules change that would let the U.S. Treasury’s Bureau of the Fiscal Service (BFS) participate in the ACH Contact Registry. The Registry has existed…
Updated Questions and Answers Regarding FDIC Official Signs and Advertising Requirements
May 17, 2026 / Source: FDIC
Supervisory Guidance May 15, 2026 Summary: The Federal Deposit Insurance Corporation (FDIC) is updating its Questions and Answers (Q&As) related to the FDIC’s regulation governing FDIC Official Signs, Advertisement of Membership, False Advertising, Misrepresentation of Insured Status, and Misuse of the FDIC Name or Logo, to reflect the FDIC’s 2026 amendments to the rule (part…
OCC Issues Two Final Rules on Preemption of State Interest-on-Escrow Laws
May 17, 2026 / Source: OCC
News Release 2026-37|May 15, 2026 WASHINGTON—The Office of the Comptroller of the Currency (OCC) today issued two final rules on national banks’ and federal savings associations’ real estate lending powers related to the payment of interest on funds held in escrow accounts. The OCC’s actions emphasize federal preemption as a critical tool for reducing unnecessary burden,…
FDIC Releases Staff Study of Deposit Flows at Three Failed Banks in Spring 2023
May 14, 2026 / Source: FDIC
Study focuses on depositor flight at Silicon Valley Bank, Signature Bank, and First Republic Bank May 14, 2026 WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today released “Dissecting Depositor Flight: An Analysis of the Spring 2023 Bank Failures,” a detailed staff study of deposit flows at three banks that failed in the spring of…
CISA Software Bill of Materials for AI – Minimum Elements
May 14, 2026 / Source: CISA
May 12, 2026 CISA and the Group of Seven (G7) international partners—Germany, Canada, France, Italy, Japan, the United Kingdom, and the European Union—have released joint guidance, Software Bill of Materials for AI – Minimum Elements, to help public and private sector stakeholders improve transparency in their artificial intelligence (AI) systems and supply chains. A software bill of…
Agency Information Collection Activities: Information Collection Renewal; Comment Request; Securities Offering Disclosure Rules
May 14, 2026 / Source: Office of the Comptroller of the Currency (OCC)
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury. ACTION: Notice and request for comment. SUMMARY: The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the…
Federal Reserve Board issues Economic Well-Being of U.S. Households in 2025 report
May 13, 2026 / Source: Federal Reserve
The Federal Reserve Board on Wednesday issued its Economic Well-Being of U.S. Households in 2025 report, which examines the financial circumstances of U.S. adults and their families. Overall, the report shows that financial well-being was consistent with recent years. Survey results indicate that the labor market remained solid, despite some softening since the previous year’s survey. Price…
Business Email Compromise Attempts Rose Sharply in 2025, Report Finds
May 13, 2026 / Source: Nacha
Business email compromise attempts soared last year, with nearly three-quarters of organizations reporting incidents, a new survey found. According to the Association for Financial Professionals (AFP) 2026 Payments Fraud and Control Survey Report, 74% of organizations experienced BEC last year, up from 63% in 2024. And it said there’s a simple reason why. “Fraud via…
FinCEN Issues Notice on the Threat of Human Trafficking During the 2026 FIFA World Cup
May 11, 2026 / Source: FinCEN
Immediate Release May 11, 2026 WASHINGTON—Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a Notice urging increased vigilance by financial institutions located in and around cities hosting the 2026 Fédération Internationale de Football Association (FIFA) World Cup. While human trafficking is an ever-present threat in the United States, major events can create…