The long conversation about raising the Dodd-Frank $50 billion asset threshold for enhanced prudential standards took a step forward today.  Treasury Secretary Mnuchin, responding to a question from Rep. Hensarling in a House Financial Services Committee hearing, said that the threshold should be increased “substantially,” to at least $250 billion
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The recent Treasury Report on financial regulatory reforms related to banks and credit unions devotes significant attention to issues of capital, stress testing and liquidity, which highlights the central role of these issues in the ongoing reform efforts.  The Treasury Report is, however, only a starting point; it makes recommendations
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There has been a slow start to financial regulatory reform under the Trump Administration, but the conversation is now changing in ways that are serious and thoughtful. This note highlights the key themes that we believe are important for mid-sized and regional banks in light of recent personnel announcements,
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This evening, Treasury Secretary Mnuchin published the long-awaited report on proposals to existing banking regulations (press release here), which is the first of what will be several reports, in accordance with President Trump’s February 3 Executive Order on Core Principles for Regulating the U.S. Financial System. The report
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Davis Polk and Autonomous Research discuss the OCC’s special-purpose national bank charter and its impact on growth-stage technology companies and financial incumbents. A wide range of business models and investors should understand the potential impact of the new charter. This webcast covers:

  • Pros and


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Today, the House of Representatives passed, by a 254-161 vote, the Systemic Risk Designation Improvement Act of 2016 (the “Act”), which is designed to relieve regional and specialty banking organizations from enhanced prudential standards and heightened supervision requirements under the Dodd-Frank Act. The Act would, after a one-year phase-in period,
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