CSBS supports state regulators in advancing the system of state financial supervision by ensuring safety, soundness and consumer protection; promoting economic growth; and fostering innovative, responsive supervision. The content in the Policy Section describes the positions of CSBS on legislation, regulations and guidance in advancing these objectives.
Maintaining the primary role of the state regulatory system is critical to ensuring the continued protection of consumers and maintaining the strength and competitiveness of the non-bank financial services industry.
The Federal Financial Institutions Examination Council today issued a statement of principles related to valuation discrimination and bias for member entities to consider in their consumer compliance and safety and soundness examinations. The principles aid member entities in assessing whether their supervised institutions’ compliance and risk management practices are appropriate to identify and mitigate discrimination or bias in their residential
Washington, D.C. — The Conference of State Bank Supervisors (CSBS) announced today two strategic hires and a key promotion to strengthen CSBS’s advocacy efforts and advance its accreditation and workforce development vision. Sabrina Bergen joins CSBS as Chief of Staff, Policy & Supervision, effective today. She will provide cross-functional leadership across the Policy & Supervision business unit and bring her
Washington, D.C. – In separate letters to the U.S. Treasury Department and the federal banking agencies, CSBS outlined important policy considerations to foster a national regulatory framework for stablecoins and tokenized deposits that protects consumers, promotes financial stability, and provides a level playing field for traditional financial institutions and new payment stablecoin issuers. “Stablecoin and tokenized deposit efforts should proceed
Download the Full Comment Letter [PDF] The Honorable Joseph R. Biden President The White House 1600 Pennsylvania Avenue NW Washington, DC 20510 Dear Mr. President: As you consider potential nominees for Chairperson of the Federal Deposit Insurance Corporation (FDIC), 1 we recognize the critical responsibility any new leader must shoulder to provide FDIC employees with a professional, diverse, and inclusive
Department Accreditation Setting the Standard: What is Accreditation? The CSBS Accreditation Program is a nationally recognized credential that creates a framework for consistent, high-quality financial supervision across the United States. State agencies can earn accreditation for bank, mortgage, and money services businesses supervision. State agencies earn a five-year accreditation by undergoing a self-assessment and an independent review conducted by a
Read the full letter [PDF] The Honorable James Inhofe Chairman, Committee on Armed Services United States Senate Washington, DC 20510 The Honorable Jack Reed Ranking Member, Committee on Armed Services United States Senate Washington, DC 20510 Dear Chairman Inhofe and Ranking Member Reed, On behalf of the Conference of State Bank Supervisors (CSBS) 1, I am writing to express our
Washington, D.C. – A broad coalition of state, consumer, and bank groups have joined the Conference of State Bank Supervisors (CSBS) in asking Congress to strike a provision in the recently passed stablecoin legislation that risks harming consumers, creates an unlevel playing field for certain uninsured banks, and significantly erodes state authority to supervise these institutions. Section 16(d) of the
2025 NMLS Annual Conference and Training Opening Remarks Brandon Milhorn Feb. 12, 2025 Good morning, everyone. It is great to be back at the NMLS Annual Conference — my second as President and CEO of the Conference of State Bank Supervisors. This is our largest audience ever at the conference — 842 total — with 313 from state agencies and