Congress

U.S. Home of Representatives

Committee on Monetary Providers

Home Committee on Monetary Providers September Schedule Introduced

August 31, 2022

The U.S. Home Committee on Monetary Providers introduced the next schedule for the month of September:

• Thursday, September eight at 12 p.m. ET: The Subcommittee on Investor Safety, Entrepreneurship, and Capital Markets will convene for a digital listening to entitled, “Accounting and Auditing Requirements within the 21st Century.”
• Wednesday, September 14 at 10 a.m. ET: The total Committee will convene for a hybrid listening to entitled, “When Banks Depart: The Impacts of De-Risking on the Caribbean and Methods for Guaranteeing Monetary Entry.”
• Tuesday, September 20 at 10 a.m. ET: The Subcommittee on Nationwide Safety, Worldwide Improvement, and Financial Coverage will convene for a hybrid listening to entitled, “Underneath the Radar: Various Cost Programs and the Nationwide Safety Impacts of Their Development.”
• Tuesday, September 20 at 2 p.m. ET: The Subcommittee on Variety and Inclusion will convene for a hybrid listening to entitled, “A Assessment of Variety and Inclusion at America’s Largest Insurance coverage Corporations.”
• Wednesday, September 21 at 10 a.m. ET: The total Committee will convene for a hybrid listening to entitled, “Holding Megabanks Accountable: Oversight of America’s Largest Client Going through Banks.”
• Thursday, September 22 at 9 a.m. ET: The Subcommittee on Housing, Neighborhood Improvement, and Insurance coverage will convene for a hybrid listening to entitled, “State of Emergency: Analyzing the Influence of Rising Wildfire Danger on the Insurance coverage Market.”
• Press Launch

Federal Businesses

U.S. Division of the Treasury

Preliminary Annual Report on U.S. Holdings of Overseas Securities at 12 months-Finish 2021

August 31, 2022

The U.S. Division of the Treasury launched the preliminary information on U.S. portfolio holdings of overseas securities at year-end 2021. The ultimate survey report, which can embrace further element in addition to potential revisions to the information, will likely be launched on October 31, 2022.

Federal Reserve Board

Paper: The Monetary Stability Implications of Digital Belongings

August 31, 2022

The Federal Reserve Board revealed a paper entitled, “The Monetary Stability Implications of Digital Belongings.”

Federal Reserve Financial institution of Boston

Small Enterprise Credit score Survey: Small companies face lingering pandemic impacts with fewer employees, greater hiring troubles

August 31, 2022

The Federal Reserve Financial institution of Boston revealed an article discussing the outcomes of the Small Enterprise Credit score Survey taken from September to November 2021.

U.S. Small Enterprise Administration

SBA Advocacy Releases 2022 Small Enterprise Profiles for The States, Territories, and Nation

August 31, 2022

The U.S. Small Enterprise Administration’s Workplace of Advocacy launched the 2022 Small Enterprise Profiles for the States, Territories and Nation.

Federal Housing Finance Company

FHFA Proclaims Complete Assessment of the Federal Residence Mortgage Financial institution System

August 31, 2022

The Federal Housing Finance Company introduced it can conduct a complete overview of the Federal Residence Mortgage Financial institution System starting within the fall of 2022.

Worldwide

Financial institution of England

Credit score union quarterly statistics – 2022 Q1

August 31, 2022

The Financial institution of England launched the Q1 2022 credit score union quarterly statistics.

Administration Adjustments

Vacancies

Federal Deposit Insurance coverage Company

• Chair – Vacant (Martin Gruenberg serves as Appearing Chair)
• Vice Chairman – Vacant

Workplace of the Comptroller of the Forex

• Comptroller – Vacant (Michael Hsu serves as Appearing Comptroller)

Appointments/Affirmation Hearings

U.S. Division of the Treasury – Janet Yellen (efficient January 26, 2021)

Federal Reserve Board – Jerome H. Powell (efficient Might 23, 2022)

• Vice Chair Lael Brainard (sworn in Might 23, 2022)
• Vice Chair for Supervision Michael Barr (sworn in July 19, 2022)
• Governor Phillip N Jefferson (sworn in Might 23, 2022)
• Governor Lisa D. Prepare dinner (sworn in Might 23, 2022)
• Assertion by Federal Reserve Board Chair Jerome H. Powell on his nomination by President Biden (November 22, 2021)
• Assertion by Governor Lael Brainard on her nomination by President Biden (November 22, 2021) (sworn in Might 23, 2022)
• Secretary of the Treasury Janet L. Yellen Assertion on Federal Reserve Nominations (November 22, 2021)
• Assertion by Secretary Walsh on Federal Reserve Nominations (November 22, 2021)
• Brown Assertion on the Renomination of Jerome Powell for Fed Chair (November 22, 2021)
• Toomey Assertion on Renomination of Jerome Powell for Fed Chair (November 22, 2021)
• Brown Applauds Biden’s Nomination of Governor Lael Brainard for Vice Chair (November 22, 2021)
• Brown Applauds Biden’s Nominees for Fed Board (January 14, 2022)
• Toomey Assertion on President Biden’s Fed Nominees (January 14, 2022)
• Waters Applauds Nominations of Sarah Bloom Raskin, Lisa Prepare dinner, and Philip Jefferson to Management Roles within the Federal Reserve (January 14, 2022)
• Assertion by Secretary of the Treasury Janet L. Yellen on Federal Reserve Nominations (January 14, 2022)
• Senate Banking Committee Chair Brown Assertion on Nomination of Dr. Lisa Prepare dinner (March 29, 2022)
• Senate Banking Committee Rating Member Toomey Assertion on Nomination of Dr. Lisa Prepare dinner (March 29, 2022)
• Senate Banking Committee Chair Brown Assertion on Nomination of Michael Barr for Federal Reserve Vice Chair for Supervision (April 15, 2022)
• Senate Banking Committee Rating Member Toomey Assertion on Nomination of Michael Barr for Federal Reserve Vice Chair for Supervision (April 15, 2022)
• Senate Banking Committee Chair Assertion on Senate Affirmation of Dr. Lisa Prepare dinner (Might 10, 2022)
• Senate Banking Committee Rating Member Assertion on Senate Affirmation of Dr. Lisa Prepare dinner (Might 10, 2022)
• Jerome H. Powell sworn in for second time period as Chair of the Board of Governors of the Federal Reserve System (Might 23, 2022)
• Lael Brainard sworn in as Vice Chair of the Board of Governors of the Federal Reserve System (Might 23, 2022)
• Lisa D. Prepare dinner sworn in as a member of the Board of Governors of the Federal Reserve System (Might 23, 2022)
• Philip N. Jefferson sworn in as a member of the Board of Governors of the Federal Reserve System (Might 23, 2022)
• Senate Banking Committee Chair Assertion Forward of Affirmation Vote for Michael Barr (July 13, 2022)
• President Biden Assertion on Affirmation of Michael Barr as Fed Vice Chair (July 13, 2022)
• CSBS President and CEO Assertion on Affirmation of Michael Barr as Vice Chair (July 14, 2022)
• Michael S. Barr sworn in as Vice Chair for Supervision of the Board of Governors of the Federal Reserve System (July 19, 2022)

Federal Reserve Financial institution of New York – John C. Williams (efficient June 18, 2018)

Federal Deposit Insurance coverage Company – Martin Gruenberg (Appearing Chair, appointed February 5, 2022)

Client Monetary Safety Bureau – Rohit Chopra (efficient October 12, 2021)

Securities and Alternate Fee – Gary Gensler (efficient April 17, 2021)

• LizAnn Eisen Joins Division of Company Finance as Deputy Director, Disclosure Program (January 27, 2022)
• Lori H. Worth Named Appearing Director of the Workplace of Credit score Scores; Ahmed Abonamah to Depart SEC (February 1, 2022)
• Kelly L. Gibson, Director of the Philadelphia Regional Workplace, to Depart the SEC; Scott Thompson and Pleasure Thompson named Workplace Appearing Co-Heads (February 11, 2022)
• SEC Chair and Commissioners Joint Assertion on Senate Affirmation of Jaime Lizárraga and Mark Uyeda (June 17, 2022)
• CFTC Commissioner Assertion on Senate Confirmations of mark Uyeda and Jaime Lizarraga (June 17, 2022)
• Jaime Lizárraga Sworn In as SEC Commissioner (July 18, 2022)
• Lori H. Worth Named Director of Workplace of Credit score Scores (August 12, 2022)

Small Enterprise Administration – Isabella Casillas Guzman (efficient March 16, 2021)

Commodity Futures Commerce Fee – Rostin Behnam (efficient December 17, 2021)

• Kristin Johnson, Nominee for Commissioner of the Commodity Futures Buying and selling Fee (September 13, 2021)
• Christy Goldsmith Romero, Nominee for Commissioner of the Commodity Futures Buying and selling Fee (September 13, 2021)
• U.S. Senate Unanimously Confirms Behnam as Chairman (December 17, 2021)
• CFTC Chairman Rostin Behnam Proclaims Government Employees Appointments (January 20, 2022)
• CFTC Chairman Rostin Behnam Appoints Preliminary CFTC Management (January 25, 2022)
• Assertion of CFTC Chairman Rostin Behnam on the U.S. Senate Confirmations of Christy Goldsmith Romero, Kristin N. Johnson, Summer season Kristine Mersinger, and Caroline D. Pham (March 29, 2022)
• CFTC Commissioner Pham Proclaims Preliminary Employees Appointments (April 22, 2022)
• CFTC Commissioner Goldsmith Romero Proclaims Employees Appointments (April 27, 2022)
• CFTC Commissioner Pham Proclaims Further Employees Appointments (Might 13, 2022)
• CFTC Commissioner Mersinger Proclaims Employees Appointments (Might 16, 2022)

Monetary Crimes Enforcement Community

Nationwide Credit score Union Administration – Todd M. Harper

U.S. Division of Housing and City Improvement – Marcia Fudge (efficient March 10, 2021)

Federal Housing Finance Company – Sandra L. Thompson, (confirmed Might 25, 2022)

U.S. Division of Training – Dr. Miguel Cardona (efficient March 2, 2021)

PH Shopper Alerts

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Laws/Legislative Updates

Click on right here to view the total textual content of the Coronavirus Help, Reduction and Financial Safety Act (the “CARES Act”), Enacted March 27, 2020.

Click on right here to view the total textual content of the Paycheck Safety Program Improve Act of 2020, Enacted April 24, 2020.

Click on right here to view the total textual content of the Paycheck Safety Program Flexibility Act of 2020, Enacted June 5, 2020.

Click on right here to view the total textual content of the Consolidated Appropriations Act, 2021, Enacted December 27, 2020.

Click on right here to view the total textual content of the American Rescue Plan of 2021, Enacted March 11, 2021.

Click on right here to view the total textual content of the PPP Extension Act of 2021, Enacted March 30, 2021.

Click on right here to view a working checklist of proposed laws from the Senate Committee on Banking, Housing, and City Affairs, Senate Committee on Small Enterprise and Entrepreneurship, Home Committee on Monetary Providers, and Home Committee on Small Enterprise.