Daily Financial Regulation Update -- Friday, July 31, 2026

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Federal Agencies

Federal Reserve Board
Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency

Community Bank Leverage Ratio Framework — Community Bank Compliance Guide Update

July 30, 2026

The Office of the Comptroller of the Currency, the Federal Reserve Board and Federal Deposit Insurance Corporation issued an updated community bank leverage ratio (CBLR) framework compliance guide, consistent with the changes made to the framework in the CBLR final rule published in April 2026.

• CBLR Framework Community Bank Compliance Guide
• FDIC Financial Institution Letter
• OCC Press Release
• OCC Bulletin

 

Commodity Futures Trading Commission

CFTC Seeks Public Comment on Notice of Proposed Rulemaking Concerning Affiliations Among Certain CFTC-Regulated Entities

July 30, 2026

The Commodity Futures Trading Commission published a notice of proposed rulemaking seeking public comment on amendments to Part 37, Part 38 and Part 39 of the CFTC’s regulations, as well as commission regulations 1.52 and 1.55. 

• Request for Comment
• Press Release

 

Federal Housing Finance Agency

Foreclosure Prevention, Refinance and Federal Property Manager’s Report — April

July 30, 2026

The Federal Housing Finance Agency released the Foreclosure Prevention, Refinance and Federal Property Manager’s Report for April 2026.

• Report
• Summary

 

Freddie Mac

Freddie Mac Announces Q2 Financial Results

July 30, 2026

Freddie Mac reported its second quarter 2026 financial results and filed its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission.

• Press Release
• Earnings Release

 

Bank Policy Institute

Blog: ‘Are Central Bank Financial Stability Reports Useful? An AI-Based Analysis’

July 30, 2026

The Bank Policy Institute published a blog post titled “Are Central Bank Financial Stability Reports Useful? An AI-Based Analysis.”

• Blog

 

International

Bank of England

Monetary Policy Report — July

July 30, 2026

The Bank of England released the Monetary Policy Report for July 2026 following a meeting of the Monetary Policy Committee held July 29 where the committee voted by a majority of 6-3 to maintain Bank Rate at 3.75%. 

• Report
• Summary and Minutes

 

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)
• Acting Director Russel Vought (Acting 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 – nomination hearing July 24, 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)

 

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