FDIC Vice Chair Thomas Hoenig proposed regulatory relief for financial holding companies that are engaged in nontraditional banking activities, so long as those activities are walled off sufficiently from the bank itself.

The White House endorsed Congressional resolutions of disapproval that would nullify two Department of Labor rules related to savings arrangements.

President Trump signed an Executive Order that directs the Office of Management and Budget Director to propose a "plan to reorganize the executive branch in order to improve the efficiency, effectiveness and accountability of agencies."

CFTC Commissioner Sharon Y. Bowen reviewed the current status of market regulation initiatives on Regulation Automated Trading, cybersecurity, governance and position limits.

The CFTC extended the comment period for a proposal to adopt capital requirements for swap dealers and major swap participants that are not subject to the capital rules of a prudential regulator.