The proposed rule states that currently, validation notices, combined with the limited disclosure of consumers’ rights with respect to debt collection, may limit a consumer’s ability to fully exercise their dispute rights.

The proposed national rate cap methodology should not allow the largest institutions to exercise undue influence on the national rate. The local rate cap calculation and process should factor in rates offered by internet-only banks.

State bank regulators view the development of FedNow as the Federal Reserve again laying the necessary foundation to ensure that payment capabilities adapt to innovation and technological advancement.

CSBS offers comment on the FDIC's proposed rulemaking in regard to Federal Interest Rate Authority.

State regulators across the country have a wide diversity of views and supervisory responsibilities over financial institutions that may be (or may be interested in) providing services to cannabis-related legitimate businesses (CRLBs). This diversity reflects the various and evolving nature of many states’ legal regimes and their treatment of different types of cannabis products.

CSBS comments on the FDIC's proposed rulemaking in regard to permissible interest races on transferred loans.

State regulators offer legislative proposals aimed at ensuring the safety and soundness of individual state-regulated entities, the broader financial markets, and the protection of consumers and small businesses in light of the current COVID-19 pandemic.

CSBS requests the Treasury Department and Board of Governors of the Federal Reserve System establish a liquidity facility to support the mortgage servicing sector in anticipation of widespread borrower payment forbearance.

CSBS comments on the joint notice of proposed rulemaking issued by the Federal Deposit Insurance Corporation and the Office of Comptroller of the Currency titled “Community Reinvestment Act Regulations”.

The Honorable Steven Mnuchin Secretary U.S. Department of the Treasury 1500 Pennsylvania Avenue, NW Washington, DC 20220 The Honorable Jovita Carranza Administrator U.S. Small Business Administration 409 3rd Street, SW Washington, DC 20416 Dear Secretary Mnuchin and Administrator Carranza: On behalf of the Conference of State Bank Supervisors (CSBS), I write to you to provide critical feedback from state regulators