Bank Regulatory Agency Update Under DOGE: What Every Financial Institution Needs to Know

Description

Bank Regulatory Agency Update Under DOGE: What Every Financial Institution Needs to Know

Under the Trump administration, the Department of Government Efficiency (DOGE) has been making cuts across government agencies in its efforts to reduce government spending.

Bank regulatory agencies—including the Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC), and Consumer Financial Protection Bureau (CFPB)—have not been immune. Recent reports state that the current administration is considering folding the FDIC into the Treasury Department or combining it with the OCC. DOGE has also called for a complete dismantling of the CFPB.

Join Amundsen Davis’s Business Litigation Service Group’s Sherry Coley, partner, and Ryan Bald, associate, for an update on DOGE’s apparent plans for agency centralization or consolidation.

What You Can Expect…

Our speakers will cover various topics related to agency consolidation and its likely impacts, including in-depth discussions on:

• Changes to leadership and activities at bank regulatory agencies during President Trump’s second term in office;
• The current regulatory landscape, DOGE’s priorities, and key policies to be aware of;
• Implications of centralization of bank regulation for financial institutions and their clients; and
• Practical strategies for mitigating risk amid a challenging and uncertain legal landscape.

Who Should Attend?

This webcast is essential for decision makers, business leaders, brokers and bankers, and general counsel in the banking and finance industries.