The House Financial Services Committee considered testimony from witnesses advocating against the inclusion of ESG proposals or non-material economic matters in the shareholder-proposal process.
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CFTC staff extended temporary no-action relief for bank swap dealers from certain financial reporting requirements.
The CFTC Market Participants Division granted no-action relief to a company that acquires biopharmaceutical royalty interests and enters into foreign exchange derivatives for the purpose of hedging FX risk.
In an amici curiae brief filed in the Supreme Court, 132 members of the United States Congress, including 99 Representatives and 33 Senators, urged the Justices to uphold a Fifth Circuit Court’s determination that the CFPB’s funding structure is “unconstitutional.”
In a report on the results of a "2022 Bank for International Settlements Survey on Central Bank Digital Currencies and Crypto" that covered 86 central banks, Bank for International Settlements highlighted that "93% of surveyed central banks are engaged in some form of CBDC work and more than half are running concrete experiments or working on pilots."