Representatives Robin L. Kelly (D-IL) and James A. Himes (D-CT) urged Treasury Secretary Steven T. Mnuchin to ensure that the "Treasury Department do all it can to keep our banking sector safe" from cybersecurity threats.
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At a Financial Services Committee hearing on the Consumer Financial Protection Bureau’s semi-annual report, Committee Chair Jeb Hensarling (R-TX) urged President Trump to dismiss Bureau President Richard Cordray from his position.
At a roundtable discussion, the Financial Stability Board and IOSCO examined compensation practices in the securities sector.
The FDIC, the Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System reminded banks that they must submit their Consolidated Reports of Condition and Income ("Call Reports") for the first quarter of 2017 by April 30, 2017.
Federal Reserve Board Governor Daniel K. Tarullo argued that "strong capital requirements are central to a safe and stable financial system" and cited the Volcker Rule as an area where the "case for change has become fairly strong."