Federal Reserve Board Chair Jerome H. Powell described the potential for central bank digital currencies in the U.S. payment system.
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FTC Acting Chair Rebecca Kelly Slaughter urged Congress to restore the FTC's ability to obtain equitable monetary relief after a recent Supreme Court determination that the agency does not have that authority.
Legislators questioned prudential regulators on (i) diversity in banking, (ii) the regulatory response to the COVID-19 pandemic, and (iii) the changing regulatory landscape due to climate change, cybersecurity, and digitization.
OFAC amended its Terrorism List Governments Sanctions Regulations by removing references to the Government of Sudan and Sudanese nationals.
The OCC will reconsider a June 2020 final rule amending the Community Reinvestment Act.