| Date | Action | Agency | Summary |
|---|---|---|---|
| 2025-07-15 | FDIC Proposes Rule To Reduce Regulatory Oversight on Changes in Bank Branches |
FDIC
|
FDIC proposed a rule that would reduce the regulatory oversight related to changes in bank branches. Current rules require banks to file an application with the FDIC to establish new branches or move existing branches. This rule would expand the set of applications that are eligible for expedited processing and increase the speed at which applications are automatically approved.
|
| 2025-07-15 | FDIC Rescinds Proposed Rule on Industrial Loan Companies |
FDIC
|
FDIC rescinded its proposed rule that would have closed dangerous loopholes related to industrial loan companies. Industrial loan companies (banks that are owned by large corporations and do not have a holding company supervised by the Federal Reserve) foster unfair competition, threaten Main Street Americans, and endanger financial stability. The 2024 proposed rule that is being rescinded would have strengthened the regulatory oversight of these banks. |
| 2025-07-15 | FDIC, Fed, and OCC Rescind 2023 Community Reinvestment Act |
Federal Reserve
OCC
FDIC
|
FDIC, Fed, and OCC jointly issue a notice of proposed rulemaking to rescind the 2023 Community Reinvestment Act Rule. While the 2023 CRA rule wasn’t perfect, it still resulted in critical investments in many communities and provided some protection for low- and moderate-income families against discrimination by banks. |
| 2025-07-15 | FDIC proposes Rule to Index the Benchmarks for Certain Rule Applicability to Inflation |
FDIC
|
FDIC proposes a rule that would index the size thresholds that determine applicability for certain auditing and reporting requirements in 12 CFR part 363 to inflation.
The nominal levels of certain size thresholds that determine the applicability of bank supervisory rules have not changed in many years. As a result, the inflation-adjusted levels of these thresholds have declined, meaning that banks have become subject to more stringent rules simply because of inflation. This proposed rule aims to keep the inflation-adjusted levels constant over time.
|
| 2025-07-15 | Chair Atkins Fires PCAOB Chair Erica Williams |
SEC
|
The PCAOB ensures that public companies do not cook their books, and firing the chair so the SEC can appoint a chair more favorable to the accounting industry will harm investors. |
| 2025-07-14 | Federal Banking Regulators Issue Guidance on Banks Holding Crypto Assets for Customers |
Federal Reserve
OCC
FDIC
|
The Fed, OCC, and FDIC jointly announced that banks may hold crypto assets for customers. The agencies gave the green light to banks holding crypto assets for customers. This guidance does not create any new supervisory expectations, but states that banks must apply existing risk management, legal, and compliance frameworks. |
