Washington, D.C. – Bank Policy Institute Senior Fellow Jeremy Newell will testify today before the U.S. House Oversight & Accountability Committee’s Subcommittee on Health Care and Financial Services at a hearing entitled “A Failure of Supervision: Bank Failures and the San Francisco Federal Reserve.” Newell’s testimony offers key takeaways on the Federal Reserve’s supervision of …

Washington, D.C. — The Bank Policy Institute reiterated comments late yesterday to the SEC concerning its efforts to give investors more transparency into a company’s cybersecurity risk and incident response practices. The SEC has proposed five separate rules since 2022 that would require companies to inform investors of their cybersecurity risk management practices and enhance consumer …

The Fundamental Review of the Trading Book (FRTB) will be the new market risk capital standard for banks. It is slated for implementation in the E.U. and U.K. by Jan. 1, 2025 and expected to be applied in the United States by that same date. Having taken years for the Basel Committee to develop, the …

Regional Banks Power Small Businesses, Economic Growth Regional banks serve as a vital engine of economic growth, accounting for nearly one-third of small business bank lending. Small businesses themselves play a pivotal role in the U.S. economy by generating two out of every three new jobs in the country. Their inherent nimbleness enables them to innovate and …