Fed Lowers Interest Rate
On September 17, the Federal Reserve lowered the federal funds target rate target to the 4 - 4.25 percent range. In the press release, the Federal Reserve noted that economic uncertainty has risen given the...
Read MoreCategory Archives: Regulatory
SEC Spring 2025 Regulatory Agenda Released
On September 4, the SEC released its Spring 2025 Regulatory Agenda. Agenda items include Asset-Backed Securities Registration and Disclosure Enhancements in the pre-rule stage and Shelf Registration Modernization in the proposed rule stage. SEC Chairman Paul Atkins stated that this agenda will...
Read MoreSBC Democrats Pen Letter to Preserve eSLR
Senate Banking Committee (SBC) Democrats sent a letter to financial regulators asking them to conduct further cost-benefit analyses before finalizing any changes to the enhance supplementary leverage ratio (eSLR). Senate Democrats stated that eliminating the eSLR will not...
Read MoreFederal Reserve Maintains Interest Rates
On July 30, the Federal Reserve kept its target federal funds rate in the 4.25 - 4.50 percent range. The Federal Reserve, in determining its interest rate decision, cited the market’s stable economic conditions and...
Read More12 FHA Policies Rescinded by HUD
On July 1, the U.S. Department of Housing and Urban Development (HUD) announced the rescission of 12 Federal Housing Administration (FHA) policies. These recissions – spanning from appraisal protocols, flood risk management and underwriter employment, among others...
Read MoreFed Keeps Target Rate at Previous Levels
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 MoreFDIC Proposes Changes to SLR
On 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 MoreFed Maintains Target Interest Rate
On 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 MorePaul Atkins Sworn in as SEC Chairman
On 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 MoreCFPB Memo Hints to the Bureau’s New Direction
According 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 MorePaul Atkins Confirmed as SEC Commissioner
On 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 MoreU.S. DOJ Blocks Trump Administration Order to Dismantle the CFPB
On 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...
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