The Consumer Financial Protection Bureau issued an interpretive rule reaffirming that the Fair Credit Reporting Act broadly preempts state laws governing credit reporting.
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Federal Reserve Vice Chair for Supervision Michelle W. Bowman urged a pragmatic approach to updating the bank regulatory framework to lessen complexity and burden.
A broad set of financial, business, and crypto trade associations urged members of the U.S. House of Representatives to support the Financial Stability Oversight Council Improvement Act of 2025.
In a Targeted Examination Letter, FINRA asked member firms that have been involved in multiple small-cap offerings to respond to a series of questions about their activities with exchange-listed issuers that have business operations in foreign jurisdictions. FINRA singled out China as a jurisdiction of interest.
FINRA President and CEO Robert Cook reported that the organization is expanding its use of generative artificial intelligence to enhance regulatory effectiveness and efficiency.