Biden Announces Three Key Fed Nominations (1/18/2022)

President Biden nominated Sarah Bloom Raskin to serve as vice chair for supervision at the Federal Reserve Board of Governors.

Powell: Fed Will ‘Make Progress’ on Master Accounts for Nonbanks (1/12/2022)

Federal Reserve Chairman Powell told the Senate Banking Committee that there are “good arguments” for granting non-FDIC-insured special-purpose depository institutions Fed master accounts.

McWilliams to Resign from FDIC (1/3/2022)

FDIC Chairman Jelena McWilliams on Friday announced that she will resign from the agency on Feb. 4.

Regulators Planning Crypto Guidance for Banks (11/24/2021)

Banks can expect additional guidance from regulators over the next year clarifying the types of crypto-related activities they may be permitted to engage in.

OCC Interpretive Letter Addresses Crypto Activities, Chartering of Trust Banks (11/24/2021)

The OCC confirmed that national banks and federal savings associations may engage in certain cryptocurrency activities but added a note of caution.