Fed’s Bowman Takes Stock of Post-SVB Supervision In a speech on Wednesday, Federal Reserve Vice Chair for Supervision Michelle Bowman highlighted recent supervision restructuring efforts and takeaways from the independent review of Silicon Valley Bank’s failure.  Five Key Things 1. President Calls Fed’s Cook to White House Hearing President Donald Trump has summoned Federal Reserve …

Confidential supervisory information, or CSI, generally refers to nonpublic information created or obtained through the bank supervision process. It can include examination reports, supervisory correspondence, supervisory ratings such as CAMELS ratings, Matters Requiring Attention and information about enforcement activities. The federal banking agencies consider CSI to be their property and take the view that sharing …

Washington, D.C. – BPI issued the following statement regarding an OCC report that was released today on access to banking services. “The banking industry supports fair access to banking services and has been working to ensure that government regulations and policies enable banks to serve law-abiding customers. We support efforts to establish clear and consistent standards …

The Consumer Bankers Association[1] and the Bank Policy Institute[2] (together, the “Associations”) appreciate the opportunity to provide these comments to the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation (the “Agencies”) in response to the Notice of Proposed Rulemaking (the “Proposal”) to revise the Agencies’ Community Reinvestment Act regulations.[3] The …