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PH FedACTion: Financial Regulatory Updates

Daily Financial Regulation Update -- Tuesday, September 15, 2026

September 15, 2026

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

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Federal Agencies

Securities and Exchange Commission

SEC Chair’s Remarks at the ‘Solana Policy Institute Summit: Washington x Wall Street’

September 14, 2026

Securities and Exchange Commission Chair Paul S. Atkins gave remarks at the “Solana Policy Institute Summit: Washington x Wall Street.”

 

National Credit Union Administration

NCUA Releases Q2 Credit Union System Performance Data

September 14, 2026

The National Credit Union Administration released its second quarter credit union system performance data for 2026.

 

International

European Banking Authority

The EBA Publishes Updated List of Validation Rules

September 14, 2026

As part of its regular quarterly review process, the European Banking Authority issued an updated list of validation rules defined in its reporting frameworks.

 

UK Financial Conduct Authority

Feedback Statement: ‘Tokenisation in Wholesale Markets’

September 14, 2026

The Financial Conduct Authority released a statement with feedback from its May call for input on the benefits of tokenization in the U.K.’s wholesale financial markets.

 

Call for Input: ‘Tokenised Gold — Opportunities and Risk for UK Wholesale Markets’

September 14, 2026

The Financial Conduct Authority released a call for input seeking views on whether tokenizing gold could improve how it is traded, transferred, pledged and held in U.K. markets. 

 

 

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