PH FedACTion: Financial Regulatory Updates
Daily Financial Regulation Update -- Friday, September 25, 2026
September 25, 2026
Edited by Lawrence D. Kaplan, Jason Shafer and Kris Knabe
Subscribe to PH FedACTion: Financial Regulatory Updates
Subscribe to the PHFintech: Crypto Policy Tracker
Congress
US House
Committee on Small Business
SBA to Extend Comment Period on Small Business Size Standards
September 24, 2026
The Small Business Administration (SBA) announced its plans to extend the deadline to submit comments on its proposed rule regarding small business size standards to Nov. 20.
Federal Agencies
Federal Reserve Board
Senior Credit Officer Opinion Survey on Dealer Financing Terms — September
September 24, 2026
The Federal Reserve Board released the September 2026 Senior Credit Officer Opinion Survey on Dealer Financing Terms.
Federal Reserve Bank of New York
Speech: ‘Forging A Resilient Path’
September 24, 2026
Federal Reserve Bank of New York Chief Risk Officer Michaela Nistor gave remarks titled “Forging A Resilient Path” at the Risk Live North America Conference in New York City.
Federal Reserve Bank of Boston
Brief: ‘Coming to Terms With Massachusetts’ Post-Pandemic Employment Growth’
September 24, 2026
The Federal Reserve Bank of Boston published a New England Policy Center Regional Brief titled “Coming to Terms with Massachusetts’ Post-pandemic Employment Growth.”
Office of the Comptroller of the Currency
OCC Reports Mortgage Performance for Q2
September 24, 2026
The Office of the Comptroller of the Currency reported on the performance of first-lien mortgages in the federal banking system during the second quarter.
Commodity Futures Trading Commission
CFTC Staff Releases Updates to FAQs Concerning Registrants and Registered Entity Activities Relating to Crypto Assets and Blockchain Technologies
September 24, 2026
The Commodity Futures Trading Commission's Market Participants Division, Division of Market Oversight and Division of Clearing and Risk released updates to the FAQs Concerning Registrant and Registered Entity Activities Relating to Crypto Assets and Blockchain Technologies to address investments of customer funds in tokenized forms of permitted investments and the use of blockchain technologies to satisfy a registrant’s recordkeeping requirements.
Federal Housing Finance Agency
Foreclosure Prevention, Refinance and FPM Report — Q2
September 24, 2026
The Federal Housing Finance Agency released the Foreclosure Prevention, Refinance and FPM Report for the second quarter.
International
European Banking Authority
The EBA Identifies Priorities for the Review of MiCA
September 24, 2026
The European Banking Authority (EBA) published its response to the European Commission’s targeted consultation on the review of the regulation on Markets in Crypto-Assets (MiCA).
UK Financial Conduct Authority
Speech: ‘The Outlook for Inflation’
September 24, 2026
Bank of England Deputy Gov. Clare Lombardelli gave a speech titled “The outlook for inflation” at the Sixth Biennial Conference on Macroeconomic Policy in Warsaw.
Administration Changes
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 Mark Paoletta (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 – Mark Paoletta (Acting Director effective August 1, 2026); 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
Contributors
Practice Areas
For More Information