On October 3, 2023, the Federal Deposit Insurance Corporation (FDIC) approved proposed guidelines establishing standards for corporate governance and risk management for covered institutions.
On October 19, 2023, the Consumer Financial Protection Bureau (CFPB) released its long-awaited "Required Rulemaking on Personal Financial Data Rights" (Proposed Rule) for public.
At 12:01 p.m. on January 20, 2017, federal regulatory policy dramatically shifted from the unparalleled expansion of the Obama Administration to a reform agenda under President Donald Trump. During the Obama years, the nation’s regulatory burden increased by more than $122 billion annually as a result of 284 new “major” rules (roughly defined as those costing the private sector at least $100 million per year). The Trump Administration, in its first six months, launched a multifaceted reform agenda.
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