On June 18, the Federal Reserve maintained the federal funds rate in the 4.25 to 4.50 percent range. The Federal Reserve’s post-meeting statement mentioned that, despite changes in net exports, economic activity is still stable....
Read MoreOn June 6, the Federal Deposit Insurance Corporation submitted a draft rule to the Office of Information and Regulatory Affairs that would re-examine the supplementary leverage ratio (SLR) for banks. This proposal follows the recent opinions expressed...
Read MoreOn May 7, the Federal Reserve held the federal funds rate in the 4.25 to 4.50 percent range. The Federal Reserve’s post meeting statement noted that economic uncertainty has increased but growth in economic activity...
Read MoreOn April 21, Paul Atkins was sworn into office as the 34th Chairman of the Securities and Exchange Commission (SEC). Chairman Atkins stated that he is eager to use his position to promote and protect the SEC’s mission...
Read MoreAccording to American Banker, Consumer Financial Protection Bureau (CFPB) Director Russel Vought directed the CFPB to review and withdraw guidance that does not conform to the new principles stated in his memo. The directive bans certain...
Read MoreOn Wednesday evening, Paul Atkins was confirmed (52-44) to lead the Securities and Exchange Commission. His term expires on June 5, 2026. SFA extends its congratulations and is eager to work with Commissioner Atkins moving forward.
Read MoreOn March 28, a U.S. judge blocked the Trump administration from dismantling the Consumer Financial Protection Bureau (CFPB), with the Trump administration appealing this decision on March 29. The judge’s order maintains the CFPB’s operations...
Read MoreOn March 19, the Federal Reserve voted to hold interest rates at the 4.25 to 4.5 percent range. In their post-meeting statement, the Federal Reserve noted that while economic uncertainty has increased, unemployment has stabilized...
Read MoreBill Pulte was confirmed by the Senate on Thursday by a vote of 56-43 to be the Director of the Federal Housing Finance Agency for a term of five years. His confirmation could come as soon...
Read MoreOn March 2, The Treasury Department announced that it will not take enforcement actions against Americans or American companies that do not provide beneficial ownership information under the Corporate Transparency Act (CTA). According to the WSJ, by...
Read MoreThe White House has nominated a number of individuals to head-up financial regulatory agencies, including the Commodities Futures Trading Commission (CFTC), the Office of the Comptroller Currency (OCC), and the CFPB. If confirmed by the Senate, Brian...
Read MoreActing Office of Management and Budget Director Russel Vought halted new funding to the agency and has shut down their headquarters. Vought stated that the CFPB has over $700 million on its balance sheet and will therefore...
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