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 ...

OCC GENIUS Act Rule Leaves Room for Ambiguity on Yield On Wednesday, the OCC issued a final rule implementing the GENIUS Act, which establishes a ...

The Bank Policy Institute [1] is writing in response to the notice of proposed rulemaking issued by the U.S. Department of the Treasury regarding the implementation of Section 3 of the Guiding and ...

Washington, D.C. – BPI Senior Vice President and Head of Government Affairs Erik Rust issued the following statement today in response to the introduction of the Stop SIM Box Scams Act: “Illegal calls ...

In remarks this week, Federal Reserve Vice Chair for Supervision Michelle Bowman unveiled a restructuring of the Fed’s supervision function and previewed updates to the regulatory tailoring framework.

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 ...

The Federal Reserve on Wednesday issued final rules codifying its changes to the stress testing framework, which will bring transparency and public accountability to the process. The Fed also ...

The GENIUS Act of 2025 provides a legal framework for payment stablecoins. [1] Among its provisions, the Act requires payment stablecoins to be backed by short-term safe assets and prohibits issuers ...

Maintaining appropriate confidentiality of supervisory information is important, but the current rules are not well calibrated to that goal. Indeed, as the proposal acknowledges, there are occasions ...

This note explores developments in payment systems, and in particular efforts to use distributed ledger technology to make payments more efficient and speedy. Three strong incentives motivate firms to ...

Washington, D.C. – The Bank Policy Institute and American Bankers Association issued the following statement today in response to the Federal Reserve’s final stress testing rules: “Transparency and ...

This paper demonstrates how adoption of instant payment systems may change banks’ balance sheet composition. The analysis compares German savings banks, which adopted instant payments starting in July ...