Page 7 - Acting Comptroller News Today

December 28, 2023- The Department of the Treasury's Office of Foreign Assets Control designated one individual and three entities responsible for facilitating the flow of...

The scope of national bank preemption is currently before the U.S. Supreme Court in Cantero v. Bank of America, N.A. A New York statute requires the payment of interest on mortgage...

December 26, 2023- The Federal Deposit Insurance Corporation released the public sections of resolution plans of nine large domestic covered insured depository institutions due...

December 18, 2023- The Federal Deposit Insurance Corporation issued an advisory to reemphasize the importance of strong capital, appropriate credit loss allowance levels, and...

December 19, 2023- U.S. House Committee on Financial Services Chair Patrick McHenry (R-NC), Representative Warren Davidson (R-OH), Senator Rick Scott (R-FL), and Senator Mike...

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past...

U.S. Senate Committee on Baking, Housing, and Urban Affairs Chair Senator Sherrod Brown (D-OH), along with Senators John Kennedy (R-LA), Bob Casey…

Netflix recently released a new fictional film titled "Leave the World Behind" which dramatizes what could happen with a cyber attack against the U.S. I watched this film yesterday, since online comments about it were all over the place in trying to interpret it. I am recommending everyone to watch this film. Another corroborating source about what is about to happen, is the non-fictional work of David Webb, someone I had not heard of before this week. Webb has published a new book tha...

December 14, 2023 - FSOC Issues Annual Report- The Financial Stability Oversight Council released its 2023 annual report reviewing financial market developments, describing...

December 12, 2023- The U.S. House Committee on Financial Services Subcommittee on Capital Markets held a hearing entitled, "Examining the Agenda of Regulators, SROs, and Standar...