The OCC released its bank supervision operating plan for fiscal 2022. The plan provides the foundation for policy initiatives and for supervisory strategies to guide OCC staff.
With Congress working to modify its IRS reporting proposal in response to widespread opposition, ICBA and 100 other organizations pushed back against false claims from supporters of the policy.
ICBA encouraged the FDIC to adopt a hybrid examination model that uses on-site and off-site exam activity as it explores the future of post-pandemic oversight.
The Financial Stability Board issued a progress report on its implementation of high-level recommendations on regulating “global stablecoin” arrangements.
ICBA’s campaign against the reconciliation package’s IRS reporting proposal picked up additional steam with a Wall Street Journal editorial opposing the measure.