On March 26, 2024, the federal and state agencies, CFPB, released agency-specific action statements on tech capacity. According to the CFPB press release, these statements reflect concrete actions to increase tech capacity to help enforce the laws on the book and design remedies that work for consumers, workers, small businesses, and others in the digital era.

On March 25, 2024, the HUD announced that the it has charged the Grapevine Housing Authority (GHA), Jane Everett (Executive Director of GHA), and Bonnie McHugh (Vice-Chair of the GHA Housing Commission), with discriminating against, and failure to provide a reasonable accommodation for a tenant with a disability. Principal Assistant Deputy Secretary Demetria L. McCain said in a statement that the HUD’s action demonstrates the agency’s steadfast commitment to take appropriate action when housing providers fail to comply with the Fair Housing Act.

On March 25, 2024, Acting Comptroller of the Currency Michael J. Hsu talked about fairness and effective compliance risk management in his remarks at the Consumer Bankers Association (CBA) LIVE event. The event was held in Washington D.C. with the theme “For the People”.

On March 19, 2024, the FDIC issued letters demanding three companies and certain associated parties to cease and desist from making false and misleading statements about FDIC deposit insurance. PrizePool, Inc., AmeriStar, LLC, and HighLine Gold, LLC were asked to take immediate corrective action to address the said false or misleading statements. 

On March 8, 2024, the CFPB published an article regarding the Appraisal Subcomittee’s’ (ASC) recent hearing on appraisal bias where the committee examined how state and federal regulators can address appraisal bias and increase diversity in the profession. The ASC of the provides federal oversight of state appraisal regulatory programs, and is chaired by CFPB Deputy Director Zixta Martinez.

On March 14, 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced a settlement with EFG International AG to settle its potential civil liability for apparent violations of multiple sanctions programs administered by OFAC. EFG International AG is a Switzerland-based global private banking group with approximately 40 global subsidiaries, providing a range of financial services, including banking, investment, asset management, and securities brokering, to institutional customers and individuals worldwide.

On March 7, 2024, the U.S. Chamber of Commerce filed a lawsuit in the Northern District of Texas seeking a preliminary injunction to stop the CFPB from implementing a rule that, according to the agency, “ punishes responsible credit card users who pay their bills on time”. On March 5, the CFPB issued a final rule that caps credit card late fees to $8 for large banks.