In Case You Missed It... CSBS Highlights from May
May was a busy month for financial regulation, and state regulators achieved several important goals and milestones:
Elections and Appointments
- State regulators elected Mississippi Commissioner Charlotte Corley to be Chair of CSBS.
- Tennessee's Greg Gonzales and Virginia's Joe Face were appointed to the FFIEC State Liaison Committee, a voting member of the FFIEC that represents states' interests while working with the federal government.
- The Senate approved Jelena McWilliams to lead the FDIC. CSBS endorsed McWilliams earlier this year.
Legislative Progress and Achievements
- CSBS came out in strong opposition to legislation that would prevent states from supervising student loans and protecting students from financial abuse.
- CSBS applauded Congress for passing into law S. 2155, legislation that includes several provisions backed by state regulators.
- Eastern Kentucky University won the 2018 CSBS Community Bank Case Study Competition. In their submission, Eastern Kentucky students interviewed Kentucky Commissioner Charles Vice.
- CSBS announced it will provide the most sweeping cybersecurity training program in state regulators' history.
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