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PH FedACTion: Financial Regulatory Updates

Daily Financial Regulation Update -- Friday, April 3, 2026

April 03, 2026

Edited by Lawrence D. Kaplan, Jason Shafer and Kris Knabe

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Federal Agencies

U.S. Department of the Treasury

Treasury to Convene Conversations With Regulators on Private Credit Markets

April 1, 2026

The Department of the Treasury announced that it will convene meetings with domestic and international insurance regulators focused on recent developments in private credit markets.

 

Federal Reserve Bank of New York

Blog: ‘Treasury Market Liquidity Since April 2025’

April 2, 2026

The Federal Reserve Bank of New York published a Liberty Street Economics blog post titled "Treasury Market Liquidity Since April 2025."

 

International

Bank of England

Changes to Publication Dates of Decision Maker Panel and Agents’ Summary of Business Conditions

April 2, 2026

The Bank of England announced a change to the publication dates of the Decision Maker Panel and agents’ summary of business conditions so that they no longer fall on the same day as the publication of the Monetary Policy Report.

 

Minutes of the CBDC Academic Advisory Group Meeting — January 2026

April 2, 2026

The Bank of England published the minutes from the January 2026 meeting of the CBDC Academic Advisory Group.

 

Minutes of the Money Market Committee Meeting — March 2026

April 2, 2026

The Bank of England published the minutes from the March 2026 Money Market Committee meeting.

 

Monthly Decision Maker Panel Data — March 2026

April 2, 2026

The Bank of England published the results of the Decision Maker Panel survey.

 

Administration Changes

Vacancies

Appointments

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

Federal Reserve Board – Jerome H. Powell (effective May 23, 2022)

  • 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 – SCOTUS hearing on purported termination to be held in January 2026)
  • Stephen Miran (sworn in September 16, 2025)

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 (Acting Chairman effective January 20, 2025, nominated to be Chair September 30, 2025 and Confirmed December 18, 2025)

  • 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 (confirmed December 18, 2025)

Consumer Financial Protection Bureau – Russel Vought (Acting Director effective February 10, 2025)

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)

 

PH Client Alerts

Click here to read more from our Coronavirus series.

 

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.

Click here to view a running list of proposed legislation from the Senate Committee on Banking, Housing and Urban Affairs, Senate Committee on Small Business and Entrepreneurship, House Committee on Financial Services and House Committee on Small Business

Practice Areas

Bank Regulatory

Financial Services


For More Information

Image: Kris Knabe
Kris Knabe

Of Counsel, Litigation Department