Feb 16
Feb 16 FHFA Repeals Fair Lending, Fair Housing, and Equitable Housing Finance Plans Regulations

On February 6, 2026, the Federal Housing Finance Agency (FHFA) issued a final rule to repeal the Fair Lending, Fair Housing, and Equitable Housing Finance Plans regulation (Part 1293). Part 1293 codified the FHFA’s fair housing and fair lending oversight of the regulated entities, the Enterprise Equitable Housing Finance Plan (EHFP) program, and requirements for the Enterprise to collect a borrower's language preference and housing counseling and homeownership education information.

Feb 13

Feb 13 VIDEO: SAR Filings for Potential Structuring-Related Activity

Adam Witmer

BSA

In this Compliance Clip (video), Adam reviews FinCEN’s October 2025 FAQ guidance addressing whether a SAR is required for transactions near the $10,000 CTR threshold. He explains what the guidance says, how it applies to potential structuring activity, and what financial institutions should keep in mind for compliance. A transcript of this video is now available.

Feb 12
Feb 12 NCUA Issues Proposed Rule for Permitted Payment Stablecoin Issuer Applications

Adam Witmer

Regulatory Update

On February 11, 2026, the NCUA issued a proposed rule outlining the framework for applicants seeking NCUA approval to become a permitted payment stablecoin issuer. The proposed rule marks the NCUA’s first step in implementing the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act).

Feb 11
Feb 11 Democrats Seek Court Action to Protect CFPB

Adam Witmer

Regulatory Update

On February 10, 2026, the ABA Banking Journal reported that almost 200 Democratic and independent members of Congress filed an amicus brief urging the courts to halt what they said was the Trump administration’s attempt to dismantle the CFPB. The lawmakers argue that the Trump administration’s actions are unconstitutional because only Congress has the authority to create and abolish government agencies.

Feb 9
Feb 9 FDIC Extends Comment Period on GENIUS Act Application Procedures for Payment Stablecoins

Adam Witmer

Regulatory Update

On February 6, 2026, the FDIC announced a 90-day extension to the comment period on the agency’s notice of proposed rulemaking (NPR) that would implement the application provisions under the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) for FDIC-supervised state nonmember banks and state savings associations seeking to issue payment stablecoins through a subsidiary.

Feb 9
Feb 9 OFAC Launches Voluntary Self-Disclosure Portal

Adam Witmer

BSA, Regulatory Update

On February 6, 2026, the OFAC launched its new online Voluntary Self-Disclosure Portal. The portal provides a streamlined, secure method for submitting voluntary self-disclosures of potential violations of OFAC-administered sanctions programs.

Feb 6

Feb 6 VIDEO: CFPB's Nov 2025 Proposed Changes to the 1071 Rule

Adam Witmer

Regulatory Update, Regulation B

In this Compliance Clip, Adam provides a high-level overview of the CFPB’s November 2025 proposed revisions to the Section 1071 small business data collection rule. While the proposal signals a significant shift from the March 2023 final rule, key details remain unsettled and could have meaningful implications for financial institutions. Watch the video as Adam briefly discusses what’s changing, what’s still uncertain, and why these proposed revisions deserve close attention.

Feb 4
Feb 4 Massachusetts AG Sues Bitcoin Depot For Facilitating Crypto Scams

Adam Witmer

Regulatory Update

On February 3, 2026, Massachusetts Attorney General Andrea Joy Campbell filed a lawsuit against cryptocurrency kiosk operator Bitcoin Depot Inc. and Bitcoin Depot Operating LLC for allegedly using misleading and deceptive sales tactics to overcharge consumers, knowingly facilitating crypto scams, refusing to issue refunds to scam victims, and deceiving investors about the level of scam activity on Bitcoin Depot kiosks.

Feb 2
Feb 2 President Trump Nominates Kevin Warsh as Chair of the Federal Reserve

Adam Witmer

On January 30, 2026, President Donald Trump announced his nomination of Kevin Warsh to serve as Chairman of the Board of Governors of the Federal Reserve System. Mr. Warsh previously served as a member of the Federal Reserve’s Board of Governors, becoming the youngest individual to hold the position.

Feb 2
Feb 2 Fed Issues Proposed Rule to Remove Reputation Risk From Supervision

Adam Witmer

Regulatory Update

On February 23, 2026, the Federal Reserve Board issued a proposed rule to codify the removal of reputation risk from its supervision of banks. The Board’s action follows its earlier actions regarding that removal and reiterates its policy against penalizing or prohibiting an institution from banking a customer engaged in legal activity.