| Date | Action | Agency | Summary |
|---|---|---|---|
| 2025-01-23 | Rescission Staff Bulletin 121 |
SEC
|
The SEC rescinded guidance requiring companies holding crypto products to reflect them as liabilities on their balance sheets. The guidance the SEC rescinded protected customers by requiring banks to have capital to protect against the risk of loss inherent in crypto assets.
‹div class=”ewa-rteLine”>/div› Read Better Markets’ response here.
|
| 2025-01-21 | FDIC Leaves NGFS |
FDIC
Other
|
FDIC leaves the Network for Greening the Financial System (NGFS) |
| 2025-01-21 | OCC Leaves NGFS |
OCC
Other
|
OCC leaves the Network for Greening the Financial System (NGFS) |
| 2025-01-20 | DEI efforts terminated at banking agencies |
Other
|
Low-income, minority, and other underserved populations have been excluded from the banking system for generations. DEI efforts at the banking agencies worked to improve that access and strengthen the economy for all Americans. Losing these offices, staff, and reports will lead to less economic growth and drive underserved populations to more costly and discriminatory financial service providers, such as check cashers and payday lenders. |
| 2025-01-20 | DEI efforts terminated at banking agencies |
Federal Reserve
|
President Trump ordered that DEI offices be closed, staff fired, and Dodd-Frank reports be removed from public websites. |
| 2025-01-17 | Fed Leaves NGFS |
Federal Reserve
Other
|
Federal Reserve leaves the Network for Greening the Financial System (NGFS) |
