A relatively quiet week in the financial regulatory world doesn't necessarily translate to a week lacking important developments. Case in point: this past week.
With all the attention paid to the debt ceiling, real work was still getting done in Washington, D.C. – namely, the release of the OCC's Policies and Procedures Manual on Bank Enforcement Actions and Related Matters, which is kind of the all-encompassing day-to-day guide on bank enforcement, and the FDIC's release of the Quarterly Banking Profile, which emphasized the general stability of the banking industry despite the upheavals earlier this year. And what's a week of coverage in Cabinet News and Views without at least some examination of crypto.
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Daniel Meade Partner and Editor, Cabinet News and Views