9 big items on regulators’ to-do list (including CRA reform)
WASHINGTON — The federal bank regulators are trying to close out 2019 with a bang.
With about a month left until the new year, a proposal to reform the Community Reinvestment Act could be just one piece of a busy rulemaking agenda, according to an administration document predicting regulatory developments.
The fall 2019 unified agenda of regulatory actions, published by the Office of Management and Budget, mentions not only an upcoming proposal to reform CRA policy but also actions on a Federal Reserve capital measure, the Volcker Rule and brokered deposits as items in the docket for the remainder of this year.
Although the unified agenda is typically more reminiscent of goalposts that agencies might hope to meet, as opposed to concrete deadlines, it provides key insight into what the banking regulators are prioritizing going into 2020 and beyond.
That could include finalizing long-standing proposals left over from the Obama administration, wrapping up current rulemakings or issuing entirely new proposals.
Here’s what might be in store over the next several months.