Statement from CSBS President and CEO Brandon Milhorn: “Many of the proposals for federal regulatory consolidation being discussed in the media have been debated — and rejected — in the past. We encourage the Administration and Congress to avoid drastic restructuring of the federal banking agencies and instead focus on real and meaningful supervisory reforms that would energize our nation’s
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.- 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
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.
State regulators firmly oppose H.R. 4439, the Modernizing Credit Opportunities Act, as it would allow bad actors to exploit banks’ federal preemption to issue harmful loans to consumers in contravention of state law.
Washington, D.C. – The Conference of State Bank Supervisors (CSBS) today named three graduate students as 2023 Community Banking Research Conference Emerging Scholars. The scholars are Naz Koont from Columbia University, Giorgi Nikolaishvili from the University of Oregon, and Hristiana Vidinova from the University of Chicago. The CSBS emerging scholars program is designed to identify future community banking researchers by
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
Washington, D.C. — The Conference of State Bank Supervisors Board of Directors has announced the appointment of James M. Cooper as president and CEO. Cooper had served as acting president and CEO after the sudden death of CSBS leader John W. Ryan on May 16. Cooper’s appointment follows a nine-year tenure at CSBS, during which he directed policy and supervision
Washington, D.C. — The Conference of State Bank Supervisors released today two new tools for nonbank financial services companies to improve their cybersecurity posture. The Baseline Nonbank Cybersecurity Exam Program and the Enhanced Nonbank Cybersecurity Exam Program are tools used by state examiners nationwide to assess the cyber preparedness of nonbank entities. The release of these tools provides these institutions
