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22350 News Results

The Congressional Research Service reviewed the impact of recent legislation, which significantly reduced the maximum amount of funding the Consumer Financial Protection Bureau can request from the Federal Reserve.

In an address before the Blockchain Association, OCC Comptroller Jonathan V. Gould emphasized an urgent need to "reinvigorate" the chartering of new banks and for "entities that engage in activities involving digital assets and other novel technologies" to "have a pathway to become federally supervised banks."

In a House Committee on Financial Services Final Report, staff "identified a pattern of Biden Administration prudential regulators abusing their regulatory, supervisory, and enforcement authorities to push entities involved in the digital asset ecosystem out of the U.S. financial system."