May 05, 2022
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Federal Reserve issues FOMC statement
May 4, 2022
The Federal Open Market Committee issued a statement along with a document entitled, "Plans for Reducing the Size of the Federal Reserve's Balance Sheet."
Statement Regarding Plans for Reducing SOMA Holdings of Treasury Securities, Agency Debt, and Agency Mortgage-Backed Securities
May 4, 2022
The Federal Reserve Bank of New York issued a statement in response to the FOMC Plans for Reducing the Size of the Federal Reserve's Balance Sheet.
Quarterly Refunding Statement of Deputy Assistant Secretary for Federal Finance Brian Smith
May 4, 2022
Deputy Assistant Secretary for Federal Finance Brian Smith issued Treasury's Quarterly Refunding Statement.
Report to the Secretary of the Treasury from the Treasury Borrowing Advisory Committee
May 4, 2022
The Treasury Borrowing Advisory Committee issued a report to the Secretary of the Treasury and released minutes from its meeting held on May 3, 2022.
OCC to Host Virtual Innovation Office Hours
May 4, 2022
The Office of the Comptroller of the Currency announced that it will host virtual Innovation Office Hours on June 14-15, 2022, to promote responsible innovation in the federal banking system.
Sample Letter to Companies Regarding Disclosures Pertaining to Russia's Invasion of Ukraine and Related Supply Chain Issues
May 4, 2022
The Securities and Exchange Commission issued a sample letter containing potential comments that the Division may issue to companies based on their specific facts and circumstances regarding disclosures pertaining to Russia's invasion of Ukraine and related supply chain issues.
NCUA Chair Todd M. Harper Remarks at Inclusiv's 2022 Annual Conference
May 4, 2022
National Credit Union Administration Chair Todd M. Harper gave remarks at the 2022 Inclusiv Annual Conference.
Commission approves German umbrella scheme to support companies in context of Russia's invasion of Ukraine
May 4, 2022
The European Commission has approved a German umbrella scheme with a budget of around €11 billion to support companies across sectors in the context of Russia's invasion of Ukraine.
Speech by President von der Leyen at the EP Plenary on the social and economic consequences for the EU of the Russian war in Ukraine
May 4, 2022
Commission President von der Leyen gave a speech at the EP Plenary on the social and economic consequences of the Russian war in Ukraine on the EU and reinforcing the EU's capacity to act.
EBA provides its advice to the EU Commission on non-bank lending
May 4, 2022
The European Banking Authority (EBA) published a Report on non-bank lending in response to the European Commission's February 2021 Call for Advice on this topic. The EBA's proposals aim at addressing risks arising from the provision of lending by non-bank entities in the areas of supervision, consumer protection, anti-money laundering and countering the financing of terrorism (AML/CFT), macro and microprudential risks.
Insurance Stress Test 2022 cover letter to firms
May 4, 2022
The Prudential Regulation Authority (PRA) issued a letter to the largest PRA-regulated life and general insurers launching the 2022 Insurance Stress Test exercise.
Federal Reserve Board
Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency
Commodity Futures Commission
U.S. Department of the Treasury - Janet Yellen (effective January 26, 2021)
Federal Reserve Board – Jerome H. Powell (effective February 4, 2022, named Chair Pro Tempore pending Senate confirmation)
Federal Reserve Bank of New York – John C. Williams (effective June 18, 2018)
Consumer Financial Protection Bureau - Rohit Chopra (effective October 12, 2021)
Securities and Exchange Commission - Gary Gensler (effective April 17, 2021)
Small Business Administration - Isabella Casillas Guzman (effective March 16, 2021)
Commodity Futures Trade Commission – Rostin Behnam (effective December 17, 2021)
Financial Crimes Enforcement Network
National Credit Union Administration - Todd M. Harper
U.S. Department of Housing and Urban Development - Marcia Fudge (effective March 10, 2021)
Federal Housing Finance Agency – Sandra L. Thompson
U.S. Department of Education - Dr. Miguel Cardona (effective March 2, 2021)
Click here to read more from our Coronavirus series.
Click here to view the full text of the Coronavirus Aid, Relief and Economic Security Act (the "CARES Act"), Enacted March 27, 2020.
Click here to view the full text of the Paycheck Protection Program Increase Act of 2020, Enacted April 24, 2020.
Click here to view the full text of the Paycheck Protection Program Flexibility Act of 2020, Enacted June 5, 2020.
Click here to view the full text of the Consolidated Appropriations Act, 2021, Enacted December 27, 2020.
Click here to view the full text of the American Rescue Plan of 2021, Enacted March 11, 2021.
Click here to view the full text of the PPP Extension Act of 2021, Enacted March 30, 2021.
Click here to view a running list of proposed legislation from the Senate Committee on Banking, Housing, and Urban Affairs, Senate Committee on Small Business and Entrepreneurship, House Committee on Financial Services, and House Committee on Small Business.