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Thought Leadership

Daily Financial Regulation Update - Wednesday, October 28, 2026

Read Time: 4 min

Editors

Lawrence D. Kaplan

Of Counsel, Fintech & Payments Group

Jason Shafer

Of Counsel, Fintech & Payments Group

Kris Knabe

Of Counsel, Investigations & White Collar Defense

CONTACTS

Lawrence D. Kaplan

Of Counsel, Fintech & Payments Group

Jason Shafer

Of Counsel, Fintech & Payments Group

Kris Knabe

Of Counsel, Investigations & White Collar Defense

Brad Bondi

Partner, Investigations & White Collar Defense

Kenneth P. Herzinger

Partner, Investigations & White Collar Defense

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Federal Agencies

Federal Reserve Bank of Boston

Blog: ‘Reshaping How We Pay’

October 27, 2026

The Federal Reserve Bank of Boston spoke with Steven Holzer, senior vice president and head of strategy and transformation at WEX, about how AI, automation and technology shifts are redefining payments and what they mean for businesses.

Office of the Comptroller of the Currency

Comptroller Gould Discusses Efforts to Support Community Banks

October 27, 2026

Comptroller of the Currency Jonathan V. Gould discussed the Office of the Comptroller of the Currency’s (OCC) work to help community banks thrive and remain dynamic as the financial industry evolves in remarks before the Ohio Bankers League.

Securities and Exchange Commission

Statement: ‘Remarks at the Small Business Capital Formation Advisory Committee Meeting’

October 27, 2026

Chairman Paul S. Atkins spoke before the Small Business Capital Formation Advisory Committee Meeting.

Federal Housing Finance Agency

FHFA Releases House Price Index

October 27, 2026

U.S. house prices rose nationwide in August, up 0.3% from the previous month, according to the U.S. Federal Housing (FHFA) seasonally adjusted monthly House Price Index (FHFA HPI).

International

European Commission

Speech by Commissioner Dombrovskis at the Annual Conference of the Regulatory Scrutiny Board

October 26, 2026

Commissioner Valdis Dombrovskis gave a speech at the annual conference of the European Commission’s Regulatory Scrutiny Board.

Administration Changes

Vacancies

Appointments/Confirmation Hearings

U.S. Department of the Treasury – Scott Bessent (effective January 27, 2025)

Federal Reserve Board – Kevin Warsh (effective May 22, 2026)

  • Vice Chair Phillip N. Jefferson (sworn in September 13, 2023)
  • Vice Chair for Supervision Michelle W. Bowman (sworn in June 9, 2025)
  • Governor Michael Barr (sworn in July 19, 2022)
  • Governor Christopher J. Waller (sworn in December 18, 2020)
  • Governor Lisa D. Cook (sworn in September 13, 2022)
  • Governor Jerome H. Powell (sworn in June 16, 2014)

Federal Reserve Bank of New York – John C. Williams (effective June 18, 2018)

Federal Reserve Bank of Boston – Susan M. Collins (effective July 1, 2022)

Federal Deposit Insurance Corporation – Travis Hill (effective January 13, 2026)

  • Vice Chairman Vacant
  • Director Vacant
  • Director Jonathan Gould (Comptroller of the Currency)
  • Director Russel Vought (Director of Consumer Financial Protection Bureau)

Office of the Comptroller of the Currency – Jonathan Gould (effective July 15, 2025)

Securities and Exchange Commission – Paul Atkins (effective April 9, 2025)

Commodity Futures Trading Commission – Michael Selig (effective December 22, 2025)

Consumer Financial Protection Bureau – Russel Vought (Acting Director effective February 10, 2025); Nominee Brian Johnson (nominated June 10, 2026)

National Credit Union Administration – Kyle Hauptman (Chairman effective January 20, 2025)

Small Business Administration – Kelly Loeffler (effective February 19, 2025)

U.S. Department of Housing and Urban Development – Scott Turner (effective February 5, 2025)

Federal Housing Finance Agency – William Pulte (effective March 13, 2025)

U.S. Department of Education – Linda McMahon (effective March 3, 2025)

Financial Crimes Enforcement Network – Andrea Gacki (effective July 13, 2023) 

Legislation/Legislative Updates

Click here to view the full text of the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”), enacted March 27, 2020.

Click here to view the full text of the Paycheck Protection Program Increase Act of 2020, enacted April 24, 2020.

Click here to view the full text of the Paycheck Protection Program Flexibility Act of 2020, enacted June 5, 2020.

Click here to view the full text of theConsolidated Appropriations Act, 2021, enacted December 27, 2020.

Click here to view the full text of the American Rescue Plan of 2021, enacted March 11, 2021.

Click here to view the full text of the PPP Extension Act of 2021, enacted March 30, 2021.