May 27, 2023
Subscribe to PH FedACTion: Financial Regulatory Updates
PH Fintech Tracker on Executive Order for Digital Assets
McHenry Sends Letter to Treasury Regarding Rumored Outbound Investment Executive Order
May 26, 2023
U.S. House Financial Services Committee Chairman Patrick McHenry (NC-10) sent a letter to Secretary of the Treasury Janet Yellen regarding Treasury's rumored Executive Order on outbound investment to China.
Secretary of the Treasury Janet L. Yellen Sends Letter to Congressional Leadership on the Debt Limit
May 26, 2023
U.S. Secretary of the Treasury Janet L. Yellen sent a letter to all members of Congressional leadership regarding the debt limit.
Fed Communication, News, Twitter, and Echo Chambers
May 26, 2023
The Board of Governors of the Federal Reserve System (Federal Reserve) published a staff working paper entitled, "Fed Communication, News, Twitter, and Echo Chambers."
NCUA Board Member Rodney E. Hood's Remarks at Women in Housing and Finance Symposium in Washington, D.C.
May 26, 2023
National Credit Union Administration (NCUA) Board Member Rodney E. Hood gave remarks at the Women in Housing and Finance Symposium.
Ginnie Mae Implements Additional Reporting and Feedback System (RFS) Loan Level Data Elements |
May 26, 2023
Ginnie Mae announced the collection and incorporation of additional loan-level data elements in the Reporting and Feedback System investor reporting process in an All Participants Memorandum.
Statement of DFS Superintendent Harris Before the Standing Committee on Consumer Affairs and Protection and Standing Committee on Banks New York State Assembly
May 26, 2023
Department of Financial Services (DFS) Superintendent Adrienne A. Harris gave a statement before the New York State Assembly Standing Committee on Consumer Affairs and Protection and Standing Committee on Banks.
ESAs launch discussion on criteria for critical ICT third-party service providers and oversight fees
May 26, 2023
The European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) today published a joint Discussion Paper seeking stakeholders' input on aspects of the Digital Operational Resilience Act.
Joint statement from FCA, PRA and Bank of England on the government's proposed amendments to the CCP run-off regime
May 26, 2023
The Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Bank of England welcome HM Treasury's statement and the government's proposed amendments to the Financial Services and Markets Bill relating to the CCP run-off regime.
Paper: Revisiting the monetary transmission mechanism through an industry-level differential approach
May 26, 2023
The Bank of England published a staff working paper entitled, "Revisiting the monetary transmission mechanism through an industry-level differential approach."
Board of Governors of the Federal Reserve System
Office of the Comptroller of the Currency
Financial Crimes Enforcement Network
U.S. Department of the Treasury – Janet Yellen (effective January 26, 2021)
Federal Reserve Board – Jerome H. Powell (effective May 23, 2022)
Federal Reserve Bank of New York – John C. Williams (effective June 18, 2018)
Federal Reserve Bank of Boston – Susan M. Collins (effective July 1, 2022)
Federal Deposit Insurance Corporation – Martin Gruenberg (effective January 5, 2023)
Office of the Comptroller of the Currency – Michael Hsu (acting Comptroller, effective May 10, 2021)
Securities and Exchange Commission – Gary Gensler (effective April 17, 2021)
Commodity Futures Trading Commission – Rostin Behnam (effective December 17, 2021)
Consumer Financial Protection Bureau – Rohit Chopra (effective October 12, 2021)
National Credit Union Administration – Todd M. Harper (effective January 20, 2021)
Small Business Administration – Isabella Casillas Guzman (effective March 16, 2021)
U.S. Department of Housing and Urban Development – Marcia Fudge (effective March 10, 2021)
Federal Housing Finance Agency – Sandra L. Thompson (effective June 22, 2022)
U.S. Department of Education – Dr. Miguel Cardona (effective March 2, 2021)
Click here to read more from our Coronavirus series.
Click here to view the full text of the Coronavirus Aid, Relief and Economic Security Act (the "CARES Act"), Enacted March 27, 2020.
Click here to view the full text of the Paycheck Protection Program Increase Act of 2020, Enacted April 24, 2020.
Click here to view the full text of the Paycheck Protection Program Flexibility Act of 2020, Enacted June 5, 2020.
Click here to view the full text of the Consolidated Appropriations Act, 2021, Enacted December 27, 2020.
Click here to view the full text of the American Rescue Plan of 2021, Enacted March 11, 2021.
Click here to view the full text of the PPP Extension Act of 2021, Enacted March 30, 2021.
Click here to view a running list of proposed legislation from the Senate Committee on Banking, Housing, and Urban Affairs, Senate Committee on Small Business and Entrepreneurship, House Committee on Financial Services, and House Committee on Small Business.