The American Banker featured an op-ed authored by CSBS President and CEO Brandon Milhorn, who disputed claims by former Comptrollers of the Currency Eugene Ludwig and John Dugan that the national bank charter is under assault.

CSBS recommended additional measures that the federal banking agencies should take to provide community banks with a simplified regulatory capital framework as they revise the risk-based capital rules. 

CSBS appreciates the recognition of the important state role in chartering and supervising payment stablecoin issuers reflected in a bipartisan letter sent today by several U.S. Senators to U.S. Treasury Secretary Scott Bessent.

CSBS announced Erin Van Engelen, Consumer Finance Bureau Chief for the Idaho Department of Finance, will serve as the Nationwide Multistate Licensing System & Registry® (NMLS) Ombudsman, starting July 1.