Washington, D.C. - The Conference of State Bank Supervisors (CSBS) today announced its new Catalyst Initiative , which seeks to address state financial regulatory agencies' key supervisory challenges and reduce regulatory burden. The initiative will focus on partnering with the private sector to leverage modern technology and improve the efficiency and effectiveness of financial services supervision. “The Catalyst Initiative reflects

Washington, D.C. – The Conference of State Bank Supervisors (CSBS) today announced the election of Maryland Commissioner of Financial Regulation Tony Salazar as the new chair of the CSBS Board of Directors. CSBS elected new officers for 2025-26 during its annual meeting. Chair Salazar presented his annual committee chair appointments in the CSBS board meeting that immediately followed. Newly installed

“Coordinated Policy: A Foundation for Mortgage Market Stability” Charlie Clark, Director, Washington State Department of Financial Institutions and CSBS Board Chair Opening Remarks CSBS/AARMR 2025 Mortgage Policy Summit May 20, 2025 Thanks, Tony and Good morning, everyone! I have to start by thanking the CSBS staff— this is the second Mortgage Policy Summit we’ve hosted, and I was the one

­­Opening Remarks By CSBS Board of Directors Chair Tony Salazar State Federal Supervisory Forum Arlington, Va. May 21, 2025 Introduction Thank you, Sebastien, for that introduction, and thank you, Commissioner Face, for hosting us here in Virginia. It is an absolute pleasure to welcome everyone to the State Federal Supervisory Forum and to give my first official remarks as the

Washington, D.C. – Fifteen teams have advanced in the first round of judging of the 2025 CSBS Community Bank Case Study Competition. The teams were chosen from a pool of 35 student teams that represent 27 colleges and universities across the nation. This is the eleventh year of the competition, which is open to undergraduate students nationwide in all fields

Washington, D.C. - Statement from CSBS President and CEO Brandon Milhorn on the U.S. Senate’s confirmation of Federal Reserve Board Governor Michelle Bowman as Vice Chair for Supervision: “CSBS congratulates Governor Bowman on her confirmation as the Federal Reserve Vice Chair for Supervision. She brings an invaluable perspective to the role, having previously served as a state bank supervisor and

Washington, D.C.- CSBS President and CEO Brandon Milhorn Statement on Senate Passage of the GENIUS Act: “A national framework for stablecoins will only be successful if it protects consumers and financial stability. CSBS appreciates the efforts of the Senate to improve the GENIUS Act, moving the bill closer to these goals. In particular, Senate revisions to the bill have substantially

Washington, D.C. – Five student teams advanced to the finals this week in the 2025 CSBS Community Bank Case Study Competition, emerging from a second round of 15 teams. This is the eleventh year of the competition, which is open to undergraduate students nationwide in all fields of study as an opportunity to gain valuable first-hand knowledge of the banking

Washington, D.C. — The Conference of State Bank Supervisors today issued guidance on the treatment of virtual currency when calculating a licensee’s tangible net worth under the Money Transmission Modernization Act (MTMA). The guidance is advisory in nature and designed to encourage transparency and consistency in implementation of the MTMA. The guidance specifically clarifies the treatment of virtual currency under