| Date | Action | Agency | Summary |
|---|---|---|---|
| 2025-07-01 | OCC stops efforts to find and stop discrimination in banking |
OCC
|
The OCC announced that it has stopped using disparate impact theory in fair lending examinations. It will now only recognize overt acts of discrimination by banks and ignore acts that do not have a discriminatory intent but still result in an unfair outcome.
|
| 2025-06-27 | FDIC Proposes a Rule that Would Weaken Bank Capital Requirements |
FDIC
|
The FDIC Board voted unanimously 3-0 to propose changes to the enhanced supplementary leverage ratio (eSLR) standards. The proposal, along with anticipated similar actions by the other banking agencies, would significantly weaken capital requirements for Wall Street megabanks. Lowering leverage-based capital requirements will fail to alleviate Treasury market pressures and will increase risks to financial stability. Such undercapitalization places the economy at substantially increased risk for another financial collapse. Notably, the public board meeting, originally scheduled for June 26, 2025 was cancelled and this decision was made privately by notational vote. Read Better Markets’ statement here. |
| 2025-06-27 | OCC Proposes a Rule that Would Weaken Bank Capital Requirements |
OCC
|
The OCC joined the Fed and the FDIC to propose lowering capital requirements by changes to the enhanced supplementary leverage ratio (eSLR) standards. The proposal, along with anticipated similar actions by the other banking agencies, would significantly weaken capital requirements for Wall Street megabanks. Lowering leverage-based capital requirements will fail to alleviate Treasury market pressures and will increase risks to financial stability. Such undercapitalization places the economy at substantially increased risk for another financial collapse. Acting Comptroller Rodney Hood publicly stated his support for the change on June 25, 2025. |
| 2025-06-25 | Extension of Daily Reserve Computation Requirement |
SEC
|
The SEC extended the deadline for broker-dealers to compute the amount of assets they need to hold in their reserve account daily rather than weekly. Allowing brokers to continue to calculate their reserve requirement weekly rather than daily increases the risk that if the broker fails it will have insufficient funds to repay customers. |
| 2025-06-25 | Fed Proposes a Rule that Would Weaken Bank Capital Requirements |
Federal Reserve
|
The Federal Reserve Board of Governors voted 5-2 to propose lowering capital requirements by changes to the enhanced supplementary leverage ratio (eSLR) standards. The proposal, along with anticipated similar actions by the other banking agencies, would significantly weaken capital requirements for Wall Street megabanks. Lowering leverage-based capital requirements will fail to alleviate Treasury market pressures and will increase risks to financial stability. Such undercapitalization places the economy at substantially increased risk for another financial collapse. Notably, Governor Barr and Governor Kugler objected to the proposal, recognizing its unreasonable risk. Read Better Markets’ statement here. |
| 2025-06-23 | Fed Removes Reputation Risk |
Federal Reserve
|
The Fed will no longer explicitly consider reputational risk in the supervision of banks (joining the OCC and FDIC decisions from March 20 and 24, 2025).
The American people depend on financial regulators, including the Fed, to consider and assess all possible risks that could cause a bank to fail. Today’s decision to explicitly exclude reputational risk is a clear concession to the crypto industry. It also muddies the waters and sends a confusing message to banks as well as the Fed staff, because on the one hand, the Fed says, “This change does not alter the Board’s expectation that banks maintain strong risk management to ensure safety and soundness and compliance with law and regulation nor is it intended to impact whether and how Board-supervised banks use the concept of reputational risk in their own risk management practices.” But, on the other hand, it says that reputational risk is no longer a component of examination programs or bank supervision.
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