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Bank Regulators Face Scrutiny in Kansas City
In a move that has left many in the financial industry on edge, federal bank regulators are set to hold a hybrid public outreach meeting in Kansas City, Missouri, as part of their review of regulations. The Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) requires the agencies, with input from the public, to review their regulations at least once every 10 years to identify any outdated or otherwise unnecessary regulatory requirements applicable to certain supervised institutions.
The meeting is an opportunity for interested stakeholders to present their views on the regulatory categories listed in four Federal Register notices. These categories include Applications and Reporting, Powers and Activities, International Operations, Consumer Protection, Directors, Officers and Employees, Money Laundering, Rules of Procedure, Safety and Soundness, Securities, Banking Operations, Capital, and the Community Reinvestment Act.
Individuals interested in providing oral comments, either virtually or in person, must register by October 22, 2025, and indicate the regulatory category or categories they would like to discuss. The agencies will notify those individuals selected to provide comments.
Advance registration is also required to attend this public meeting as an in-person observer. Additional details, including a link to attend the meeting virtually, will be available on the EGRPRA website under the outreach page.
The agencies will announce additional public meetings in the coming months. In a statement, the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board, and the Office of the Comptroller of the Currency (OCC) said, ‘The agencies will continue to engage with stakeholders and the public to ensure that their regulations are effective and efficient.’
For those interested in attending the meeting, registration can be completed by visiting the EGRPRA website and following the instructions provided. It’s an opportunity to have a voice in shaping the future of financial regulations.
The meeting is set to take place on October 30, 2025, in Kansas City, Missouri. The public is invited to attend and provide their input on the regulatory categories listed in the Federal Register notices.
Key Facts
- Agency: FDIC
- Category: White Collar Crime
- Source: Official Source â†â€â€ÂÂ
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