In light of the significant implications for financial stability and the resiliency of the U.S. banking industry, state bank regulators believe it is important that agreement across all of the federal banking agencies should be reached before any proposed revisions to the eSLR are issued or adopted.
July 18, 2018 Monica Jackson, Office of the Executive Secretary onsumer Financial Protection Bureau 1700 G Street, NW Washington, DC Docket No. CFPB-2018-00014 Re: Request for Information Regarding the Bureau’s Consumer Complaint and Consumer Inquiry Handling Processes Dear Ms. Jackson, The Conference of State Bank Supervisors (“CSBS” or “state regulators”) appreciates the opportunity to comment on the Consumer Financial Protection
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.
The Honorable Jeb Hensarling Chairman House Financial Services Committee 2129 Rayburn House Office Building Washington, DC 20515 Dear Chairman Hensarling: On behalf of the Conference of State Bank Supervisors (CSBS) 1, I am writing to express state regulators’ opposition to H.R. 6743, the “Consumer Information Notification Requirement Act.” This bill would preempt state data breach notification laws and undermine state
The Honorable Jeb Hensarling Chairman House Committee on Financial Services United States House of Representatives Washington, DC 20515 Dear Chairman Hensarling: On behalf of the Conference of State Bank Supervisors (CSBS), 1 I am writing to express state regulators’ opposition to provisions in Section 7 of the “Federal Reserve Reform Act of 2018” (H.R. 6741) that would impose a tax
While we appreciate the consideration given to the need for regulatory coordination with respect to financial innovation, we believe that the Bureau should continue to make clear that it lacks the authority to waive state disclosure requirements when discussing the Policy.
The Honorable Mitch McConnell Majority Leader United States Senate Washington, DC 20510 The Honorable Charles Schumer Minority Leader United States Senate Washington, DC 20510 Dear Majority Leader McConnell and Minority Leader Schumer: On behalf of the Conference of State Bank Supervisors (CSBS), I am writing to express state bank regulators’ strong support for Michelle Bowman’s nomination to serve on the
CSBS and State bank regulators have long supported the Federal Reserve System (“FRS”) playing an operational role in providing payment and settlement services to the banking industry. Accordingly, State bank regulators would support the Federal Reserve Banks developing a service for 24x7x365 real-time interbank settlement of faster payments and functioning as a service provider in the operation of this system.