Acting Comptroller of the Currency Michael J. Hsu evaluated the potential impact of open banking on the financial industry and consumers.
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The North American Securities Administrators Association identified the most common threats to retail investors. Among them, NASAA highlighted (i) financial scams tied to emerging technologies and (ii) marketing tactics aimed at appealing to investor emotions.
The Congressional Research Service highlighted policy issues raised by central bank digital currencies.
FTC Chair Lina Khan requested a budget for fiscal year 2024 of $590 million and funding for 1,690 full time equivalent staff.
Senate Banking, Housing, and Urban Affairs Committee Ranking Member Tim Scott (R-SC) and House Financial Services Subcommittee on Oversight and Investigations Chair Bill Huizenga (R-MI) requested that CFPB Director Rohit Chopra provide details on the "major data breach" that occurred at the agency.