2022 10 
Troutman Sanders
MAY 16, 2022
Federal Activities: On May 12 and May 10, the House Financial Services and Senate Banking Committees, respectively, held hearings with Financial Stability Oversight Council (FSOC) Chairwoman Secretary Yellen to discuss FSOC’s annual report to Congress. State Activities. Privacy and Cybersecurity Activities. For more information, click here.
Troutman Sanders
AUGUST 14, 2023
Government Accountability Office (GAO) updated its priority open recommendations to the OCC, the Federal Deposit Insurance Corporation (FDIC), and the Federal Reserve. On August 7, Chairman of the House Financial Services Committee Patrick McHenry (NC-10) issued a statement following PayPal’s announcement of its PayPal USD stablecoin.
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Collection Industry News
JULY 6, 2021
The agenda lists the regulatory actions that the Bureau reasonably anticipates that it will consider during the period from May 1, 2021, to April 30, 2022. The Bureau expects to issue a final rule in January 2022. The next agenda will be published in Fall 2021, and the CFPB will update the Spring 2021 agenda through Fall 2022.
Price Meese
JUNE 30, 2021
Broadly speaking, those EOs authorize the continuing moratorium on foreclosures and deal with other policy areas such as healthcare facility data reporting, outdoor dining regulations. 34, the New Jersey Department of Community Affairs (NJDCA) adopted regulations governing virtual public meetings during the COVID-19 emergency.
Collection Industry News
MARCH 14, 2022
A&B ABstract : On February 24, Governor Kathy Hochul signed into law Assembly Bill 8771 (2022 N.Y. The obligation arose in response to a written or electronic request from the borrower, and required the lender (or a servicer acting on the lender’s behalf) to provide the SPOC within 10 business days of such request.
Troutman Sanders
OCTOBER 16, 2023
In April, Coinbase petitioned the Third Circuit to compel the SEC to answer its July 2022 petition, which requested for the agency to promulgate crypto-specific regulations. On October 10, D.C. For more information, click here. On October 11, B25-0449 was signed by Mayor Muriel Bowser (D). For more information, click here.
Troutman Sanders
SEPTEMBER 20, 2021
Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. On January 31, 2022, the pause on interest and payments for federally held student loans will end. For more information, click here.
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