Agencies Announce Second Public Outreach Meeting as Part of Their Review of Regulations
January 31, 2025
Washington, D.C. – The Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) today announced a second public outreach meeting as part of their joint review of regulations. The meeting will be held on February 28, 2025, at the Federal Reserve Bank of New York from 10:00 a.m. to 4:00 p.m..
The purpose of the meeting is to gather input from the public on the agencies’ preliminary findings and recommendations from the review. The agencies are seeking feedback on a range of topics, including:
- The effectiveness of existing regulations
- The potential for regulatory overlap or duplication
- The impact of regulations on innovation and economic growth
- The need for new or revised regulations
The agencies are particularly interested in hearing from stakeholders who have been directly affected by regulations, as well as from experts in the fields of banking, finance, and economics.
The meeting will be open to the public and will be webcast live on the Federal Reserve’s website. Members of the public are encouraged to register in advance for the meeting. Registration information and additional details about the meeting are available on the Federal Reserve’s website.
The agencies are conducting a comprehensive review of their regulations as part of their ongoing efforts to ensure that the financial system is safe and sound, while also promoting economic growth. The review is being conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Administrative Procedure Act.
The first public outreach meeting was held on November 14, 2024. The agencies received over 1,000 comments from stakeholders in response to the meeting. The agencies are currently reviewing the comments and will consider them in developing their final recommendations.
The agencies expect to complete their review and issue a final report later this year.
Contact:
Federal Reserve Media Relations (202) 452-2955
FDIC Media Relations (202) 898-6996
OCC Media Relations (202) 649-6800
Agencies announce second public outreach meeting as part of their review of regulations
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