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The Biden OCC nominee faced questions from the banking committee on Thursday
Annual report reveals regulations aimed at digital currencies and securing digital economies
Bank capital ratios remained well in excess of regulatory requirements finds Federal Reserve financial stability report
New framework, along with five “range of practices” questions will be released by the end of 2021
Lack of supervision could pose medium to long term risk to consumers, businesses, and financial stability
Report calls for “consistent and comprehensive regulatory framework”
No new exposures to the legacy lending reference rate will be permitted after December 31
Chair outlines various risks and opportunities for stable coins and other digital assets
The bank violated the Fair Housing Act during the period 2014 to 2016
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