Acting comptroller of the currency Rodney Hood defended federal preemption regulations employed by the Office of the Comptroller of the Currency in a letter to the Conference of State Bank Supervisors, saying the regulations are consistent with Dodd-Frank.

The Independent Community Bankers of America has expressed conditional support for several of Nacha’s proposed amendments to the Automated Clearing House operating rules, emphasizing the need for balanced implementation while considering operational risks and fraud prevention.

The Senate voted to confirm Michelle “Miki” Bowman to serve at the Federal Reserve’s vice chair for supervision. The financial services industry, which has expressed strong support for Bowman since her nomination in March, reacted favorably to her confirmation.

The Federal Deposit Insurance Corp. released the results of its quarterly banking profile, summarizing financial data collected from 4,462 insured commercial banks and savings institutions for the first quarter.

A clean energy trade organization has filed a legal complaint in federal court targeting Consumer Financial Protection Bureau leadership and the agency’s Property Assessed Clean Energy final rule, claiming it will harm its members.

October Research Chief Knowledge Officer and Keys to Real Estate podcast host Mary Schuster discussed why engagement between industry professionals and their regulators is so important while speaking with a pair of incredibly personable leaders of the National Association of Insurance Commissioners, which regulates the title insurance industry.

The U.S. Treasury Department issued a request for information connected to Executive Order 14247, titled “Modernizing Payments To and From America’s Bank Account.”

The volume of guidance withdrawn by the Consumer Financial Protection Bureau’s in May has raised many eyebrows among regulators, attorneys and financial professionals. One of the most notable examples is an interpretive rule concerning states’ ability to enforce federal consumer protection laws against national banks and federal savings associations.

The Consumer Financial Protection Bureau and the Department of Justice filed a motion in U.S. District Court to terminate a 2021 consent order with a Jacksonville, Miss., lender which was accused of redlining. The order was scheduled to expire in October 2026.