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
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
Washington, D.C. – The Conference of State Bank Supervisors (CSBS) today announced that John “Buz” Gorman has passed away after an eight-month battle with glioblastoma. Mr. Gorman started his career at CSBS in 1996, serving as General Counsel for the last 15 years. He held pivotal roles in the enactment of important legislation and served as a mentor to CSBS
State regulators reiterate their request for the Bureau to reconsider the creation of the proposed CFPB Registry. If the Bureau chooses to proceed, state regulators ask that the CFPB exempt companies from the requirement of filing a public order if the order is already published on NMLS Consumer Access.
Washington, D.C.—Texas Banking Commissioner and Financial Stability Oversight Council (FSOC) state banking representative Charles G. Cooper statement on FSOC’s Report on Digital Asset Financial Stability Risks and Regulation. “First, I want to commend the FSOC staff and member agencies on a report that helps regulators, industry, and the public better understand the risks associated with digital assets. This report, and
On behalf of the Conference of State Bank Supervisors (CSBS), I am writing to express our members’ strong support for your legislation, H.R. 3626, the Bank Service Company Examination Coordination Act.
Washington, D.C. – The Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR) today jointly filed an amicus brief in support of the petitioners to the U.S. Supreme Court in the case of Cantero v. Bank of America. CSBS and AARMR support effective supervision and regulation of the residential mortgage industry for both state-chartered
Washington, D.C. – Conference of State Bank Supervisors (CSBS) President and CEO Brandon Milhorn Statement on House Passage of the GENIUS Act: “A national regulatory framework for stablecoins is a vital precondition for a broader, innovative digital asset ecosystem in the United States. The GENIUS Act is a historic, bipartisan effort to accomplish this goal. We appreciate congressional support for
The Model Money Transmission Modernization Act, also known as the Money Transmitter Model Law, is a single set of nationwide standards and requirements created by industry and state experts. We speak with two CSBS experts on money transmission to learn how this model law came to be, what it accomplishes and how it's being implemented nationwide. Chapters 0:46 - What
