press releases · July 20, 2025

Press Release

July 21, 2025 Federal bank regulatory agencies seek further comment on interagency effort to reduce regulatory burden Federal Deposit Insurance Corporation Federal Reserve Board Office of the Comptroller of the Currency For release at 4:00 p.m. EDT Share The federal bank regulatory agencies today announced their fourth notice requesting public comment to reduce regulatory burden. The Economic Growth and Regulatory Paperwork Reduction Act requires the agencies to review their regulations at least once every 10 years to identify outdated, unnecessary, or unduly burdensome regulatory requirements for their supervised institutions. To facilitate this review, the agencies divided their regulations into 12 categories and are now soliciting comments on their regulations for the three remaining categories: Banking Operations, Capital, and the Community Reinvestment Act. The public has 90 days from publication in the Federal Register to comment on the relevant regulations. The agencies will hold outreach meetings where interested parties may comment on applicable regulatory requirements directly to the agencies. Information about the outreach meetings will be publicized as details are finalized. Federal Registe r notice: Regulatory Publication and Review Under the Economic Growth and Regulatory Paperwork Reduction Act of 1996 Comments: Submit | View Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) website Media Contacts: Related Content Board Votes
Cite this document
APA
Federal Reserve (2025, July 20). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20250721_federal_bank_regulatory_agencies_seek_further
BibTeX
@misc{wtfs_press_release_20250721_federal_bank_regulatory_agencies_seek_further,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2025},
  month = {Jul},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20250721_federal_bank_regulatory_agencies_seek_further},
  note = {Retrieved via When the Fed Speaks corpus}
}