The Senate Banking Committee advanced nominees for Federal Reserve Board Vice Chair and FRB Members of the Board of Governors.
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The Congressional Research Service reviewed the current regulatory framework on stablecoins in anticipation of legislative debate on proposals to strengthen consumer protections.
The House Financial Services Committee considered testimony on the impact of ESG proxy proposals and recommendations to reform the shareholder proposal process.
The House Financial Services Committee considered testimony on the "growing influence” of proxy advisory firms and current efforts to reform the proxy advisory system.
CFTC rule amendments requiring derivatives clearing organizations to involve key stakeholders in their governance went into effect on July 13, 2023. The compliance deadline is July 12, 2024.