PH FedACTion: Financial Regulatory Updates
Daily Financial Regulation Update -- Wednesday, September 30, 2026
September 30, 2026
Edited by Lawrence D. Kaplan, Jason Shafer and Kris Knabe
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Federal Agencies
Federal Reserve Board
Federal Deposit Insurance Corporation
Agencies Publish Resolution Plan Feedback Letters for 15 Banking Organizations
September 29, 2026
The Federal Deposit Insurance Corporation and the Federal Reserve Board published feedback letters for resolution plans submitted in October 2025. The agencies did not identify any shortcomings or deficiencies in these resolution plan submissions.
Federal Reserve Board
Speech: ‘Payments in the Age of AI Agents’
September 29, 2026
Federal Reserve Board Gov. Christopher J. Waller gave a speech titled “Payments in the Age of AI Agents” at Sibos 2026 in Miami.
Speech: ‘Economic Conditions and Monetary Policy’
September 29, 2026
Federal Reserve Board Gov. Michal S. Barr gave a speech titled “Economic Conditions and Monetary Policy” at the Detroit Economic Club in Detroit.
Vice Chair’s Opening Remarks at the Community Bank Cyber Workshop
September 29, 2026
Federal Reserve Vice Chair for Supervision Michelle W. Bowman gave opening remarks at the Community Bank Cyber Workshop in Denver.
Federal Reserve Bank of New York
Speech: ‘Unwavering Dedication’
September 29, 2026
Federal Reserve Bank of New York President and CEO John C. Williams gave a speech titled “Unwavering Dedication” at the University of Buffalo in Buffalo, New York.
Blog: ‘Follow the Cash! Microstructure of Repo Markets’
September 29, 2026
The Federal Reserve Bank of New York published a Liberty Street Economics blog post titled “Follow the Cash! Microstructure of Repo Markets.”
Conference of State Bank Supervisors
CSBS Launches Nonbank Industry Advisory Council
September 29, 2026
The Conference of State Bank Supervisors announced the formation of the Nonbank Industry Advisory Council, a forum designed to foster dialogue among industry experts and state supervisors.
Financial Stability Oversight Council
Financial Stability Oversight Council Meeting on Sept. 29
September 29, 2026
Secretary of the Treasury Scott Bessent convened a meeting of the Financial Stability Oversight Council in an executive session at the Department of the Treasury.
US Small Business Administration
OIG Report: ‘Fiscal Year 2025 Risk Assessment of SBA’s Charge Card Programs’
September 29, 2026
The Office of Inspector General of the Small Business Administration issued a report titled “Fiscal Year 2025 Risk Assessment of SBA’s Charge Card Programs.”
Federal Housing Finance Agency
FHFA House Price Index Up 0.3% in July and 2.6% From Last Year
September 29, 2026
U.S. house prices rose nationwide in July, up 0.3% from the previous month, according to the U.S. Federal Housing seasonally adjusted monthly House Price Index.
US Department of Education
Dept. of Education Extends Enrollment Period for Student Loan Interest Rate Reduction
September 29, 2026
The Department of Education extended the enrollment period for the 1% interest rate reduction benefit by an additional three months.
International
Bank of England
Money and Credit — August
September 29, 2026
The Bank of England released the Money and Credit statistics and effective interest rates for August.
Speech: ‘Searching for signposts’
September 29, 2026
Monetary Policy Committee Member Alan Taylor gave a speech titled “Searching for signposts” at the 2026 Dow Lecture at the National Institute of Economic and Social Research.
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
