Federal Regulatory Agencies
Here's a look at documents from federal regulatory agencies
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FDIC Publishes October Enforcement Actions
WASHINGTON, Nov. 28 -- The Federal Deposit Insurance Corporation issued the following news release:
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FDIC Publishes October Enforcement Actions
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WASHINGTON - The Federal Deposit Insurance Corporation (FDIC) today published a list of orders of administrative enforcement actions taken against banks and individuals in October 2025. There are no administrative hearings scheduled for December 2025.
The FDIC issued eight orders in October 2025. The administrative enforcement actions in those orders consisted of two orders terminating a consent orders; four orders of prohibition from further
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WASHINGTON, Nov. 28 -- The Federal Deposit Insurance Corporation issued the following news release:
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FDIC Publishes October Enforcement Actions
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WASHINGTON - The Federal Deposit Insurance Corporation (FDIC) today published a list of orders of administrative enforcement actions taken against banks and individuals in October 2025. There are no administrative hearings scheduled for December 2025.
The FDIC issued eight orders in October 2025. The administrative enforcement actions in those orders consisted of two orders terminating a consent orders; four orders of prohibition from furtherparticipation; one combined order of prohibition from further participation, order to pay, and order for restitution; and one order terminating a Section 19 order.
To view orders, adjudicated decisions and notices and the administrative hearing details online, please visit the FDIC's web page by clicking the link below.
October 2025 Enforcement Decisions and Orders
Contact(s)
MediaRequests@fdic.gov
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Original text here: https://www.fdic.gov/news/press-releases/2025/fdic-publishes-october-enforcement-actions
FCC Wireless Telecommunications Bureau Issues Public Notice: Revised Pleading Cycle Established for Applications of Space Exploration Technologies, Spectrum Business Trust 2025-1, EchoStar Corp.
WASHINGTON, Nov. 26 -- The Federal Communications Commission's Wireless Telecommunications Bureau issued the following public notice (GN Docket No. 25-302) on Nov. 25, 2025:
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By this Public Notice, the Wireless Telecommunications Bureau (WTB) and the Space Bureau (SB) (1) announce that the amendments to the spectrum and earth station license assignment applications filed by Space Exploration Technologies Corp. (SpaceX), Spectrum Business Trust 2025-1 (the Trust), and EchoStar Corporation and its wholly owned subsidiaries (EchoStar) (collectively, the Applicants) have been found acceptable
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WASHINGTON, Nov. 26 -- The Federal Communications Commission's Wireless Telecommunications Bureau issued the following public notice (GN Docket No. 25-302) on Nov. 25, 2025:
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By this Public Notice, the Wireless Telecommunications Bureau (WTB) and the Space Bureau (SB) (1) announce that the amendments to the spectrum and earth station license assignment applications filed by Space Exploration Technologies Corp. (SpaceX), Spectrum Business Trust 2025-1 (the Trust), and EchoStar Corporation and its wholly owned subsidiaries (EchoStar) (collectively, the Applicants) have been found acceptablefor filing; and (2) establish a revised pleading cycle for the applications, as amended./1
On September 18, 2025, SpaceX, the Trust, and EchoStar filed applications pursuant to section 310(d) of the Communications Act of 1934, as amended,/2 seeking the Commission's consent to a twostep assignment whereby EchoStar's AWS-4 and AWS-H Block spectrum licenses and several earth station licenses will be assigned to the Trust for the benefit of SpaceX and then, approximately two years later, to SpaceX./3 On September 30, 2025,/4 WTB and SB accepted the applications for filing and established a pleading cycle for the proposed transaction./5 On November 10, 2025, the Applicants amended their pending applications and filed paper copies of two new applications in ECFS to add EchoStar's unpaired AWS-3 licenses to the spectrum assignment applications from EchoStar ultimately to SpaceX./6 On November 17, 2025, we issued a Public Notice tolling the pleading cycle for the transaction until the amended applications were accepted for filing./7 On November 20, 2025, the Applicants further amended their pending applications and filed applications in ULS to assign the AWS-3 licenses from EchoStar to the Trust, and paper copies in ECFS to assign the AWS-3 licenses from the Trust to SpaceX./8
We now accept the amendments to the applications for filing and establish a revised pleading cycle for the proposed transaction./9 Interested parties may refer to the SpaceX-EchoStar Sept. 30 Public Notice for more details on the proposed transaction, including the Applicants' initial waiver requests./10 The Applicants' amended applications include the same waiver requests discussed in the Sept. 30 Public Notice except as follows:
* The request for waiver of the terrestrial construction requirements is expanded to include the AWS-3 licenses, and to the extent necessary, those requirements in section 27.14(s) of the Commission's rules./11
* SpaceX now seeks to retain EchoStar's previous downlink election for 2000-2020 MHz for the AWS-4 spectrum licenses, rather than reverse EchoStar's downlink election for terrestrial use of the band./12 To "reharmonize" the use of this spectrum in the United States and "to capture greater spectrum efficiencies" now that it plans to use unpaired AWS-3 spectrum for satellite uplinks, SpaceX requests that the Commission waive section 2.106 "to the extent necessary so that SpaceX may elect to use the entire 2 GHz MSS band -- including the 2000-2020 MHz portion currently allocated for [MSS] uplinks--for [MSS] downlink operations solely within the United States."/13
* The request for waiver of the 180-day consummation period now includes section 25.119(f), as well as section 1.948(d). The Applicants note that final consummation of the second step of the transaction may not occur within the 180-day period and ask for a preemptive extension of the consummation deadline through November 30, 2027./14
Comment Period and Filing Requirements. Interested parties may file pleadings on or before the dates indicated on the first page of this document. All filings may be filed using the Commission's Electronic Comment Filing System (ECFS). Filings should refer to Docket Number GN 25-302 when filing in response to this Public Notice.
* Electronic Filers: Comments may be filed electronically using the Internet by accessing ECFS: https://www.fcc.gov/ecfs/.
* Paper Filers: Parties who choose to file by paper must file an original and one copy of each filing.
- Filings can be sent by hand or messenger delivery, by commercial courier, or by the U.S. Postal Service. All filings must be addressed to the Secretary, Federal Communications Commission.
- Hand-delivered or messenger-delivered paper filings for the Commission's Secretary are accepted between 8:00 a.m. and 4:00 p.m. by the FCC's mailing contractor at 9050 Junction Drive, Annapolis Junction, MD 20701. All hand deliveries must be held together with rubber bands or fasteners. Any envelopes and boxes must be disposed of before entering the building.
- Commercial courier deliveries (any deliveries not by the U.S. Postal Service) must be sent to 9050 Junction Drive, Annapolis Junction, MD 20701.
- Filings sent by U.S. Postal Service First-Class Mail, Priority Mail, and Priority Mail Express must be sent to 45 L Street NE, Washington, DC 20554.
One copy of each pleading, ex parte submission, or other filing must be delivered electronically, by email, or if delivered as paper copy, by commercial overnight courier, or by first-class or overnight U.S. Postal Service mail (according to the procedures set forth above for paper filings), to: (1) Susannah Larson, Wireless Telecommunications Bureau, at susannah.larson@fcc.gov; (2) Aleksandr Yankelevich, Economic Analysis Division, Office of Economics and Analytics, aleks.yankelevich@fcc.gov; (3) Nadja Sodos-Wallace, Broadband Division, Wireless Telecommunications Bureau, nadja.sodoswallace@fcc.gov; (4) Stephen Duall, Space Bureau, stephen.duall@fcc.gov; and (5) Joel Rabinovitz, Office of General Counsel, at TransactionTeam@fcc.gov. Any submission emailed to these individuals should include in the subject line of the email: (1) GN Docket Number 25-302; (2) the name of the submitting party; and (3) a brief description or title identifying the type of document being submitted (e.g., GN Docket Number 25-302; Widget Corp., Notice of Ex Parte Communications).
People with Disabilities. To request materials in accessible formats for people with disabilities (braille, large print, electronic files, audio format), send an e-mail to fcc504@fcc.gov or call the Consumer & Governmental Affairs Bureau at 202-418-0530 (voice).
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Footnotes:
1/ See Amended Applications of Spectrum Business Trust 2025-1, Space Exploration Technologies Corp., and EchoStar Corporation for Consent to Assign Spectrum and Earth Station Licenses, GN Docket No. 25-302 (filed Nov. 10, 2025 (Amended Applications), ULS File Nos. 0011755472 (lead), 0011755474, 0011755481, 0011783097 (new), 0011783085 (new), and File Number 50000ALAA25 filed in ECFS (filed Nov. 20, 2025); see also ICFS File Nos. SES-ASG-20250918-00146 and SES-ASG-20250918-00147 and Submission ID 1091941380832 filed in ECFS (filed Sept. 18, 2025) (collectively, Nov. 20, 2025 Amended Applications). The Applicants first filed the spectrum and earth station license assignment applications on September 18, 2025; they subsequently amended the spectrum license applications and filed new license assignment applications for certain of EchoStar's AWS-3 licenses on November 10, 2025 and November 20, 2025. The Commission reserves the right to return any of these applications if, upon further examination, it is determined to be defective and not in conformance with the Commission's rules or policies.
2/ 47 U.S.C. Sec. 310(d).
3/ Sept. 18 Applications, Description of the Transaction, Public Interest Showing, and Related Demonstrations at 4 (filed Sept. 18, 2025) (Sept. 18 Public Interest Statement).
4/ On September 30, 2025, WTB and SB also accepted for filing three spectrum assignment applications filed by AT&T Mobility II LLC and EchoStar Corporation and established a pleading cycle for the proposed transaction. There have been no intervening amendments to these applications. Therefore, and for avoidance of doubt, the filing deadlines for the proposed AT&T-EchoStar transaction, as modified by the revisions to deadlines following resumption of normal Commission operations, remain December 3, 2025 for oppositions and December 15, 2025 for replies. See Applications of AT&T Mobility II LLC and EchoStar Corporation for Consent to Assign Licenses, GN Docket No. 25-303, Public Notice, DA 25-919 (WTB/SB Sept. 30, 2025); Revisions to Deadlines Following Resumption of Normal Operations, Public Notice, DA 25-943 (CGB/EB/MB/PSHSB/SB/WTB/WCB/OEA/OET/ OIA/OGC/OMD Nov. 17, 2025).
5/ Spectrum Business Trust 2025-1, Space Exploration Technologies Corp., and EchoStar Corporation Seek FCC Consent to the Proposed Assignment of Certain Spectrum and Earth Station Licenses Held by EchoStar to SpaceX, GN Docket No. 25-302, Public Notice, DA 25-917 (WTB/SB Sept. 30, 2025) (SpaceX-EchoStar Sept. 30 Public Notice).
6/ The Applicants filed their November 10, 2025 amended and new applications in ECFS due to the closure of the Commission's Universal Licenses System (ULS) during the lapse in appropriations. See Amended Applications of Spectrum Business Trust 2025-1, Space Exploration Technologies Corp., and EchoStar Corporation for Consent to Assign Spectrum and Earth Station Licenses, GN Docket No. 25-302 (filed Nov. 10, 2025) (Nov. 10 Amended Applications).
7/ WTB and SB Temporarily Toll the Transaction Pleading Cycle for Space Exploration Technologies Corp., Spectrum Business Trust 2025-1, and EchoStar Corporation Due to Receipt of Amended Assignment Applications, GN Docket No. 25-302, DA 25-944 (WTB/SB Nov. 17, 2025) (Pleading Cycle Tolling Public Notice).
8/ Nov. 20, 2025 Amended Applications; see also ULS File No. 0011783097, 0011783085 (new applications for assignment of AWS-3 unpaired licenses from EchoStar to the Trust).
9/ See Pleading Cycle Tolling Public Notice. By accepting these applications for filing, we also waive section 1.913(b), which requires that filings be made electronically in ULS, for the paper applications filed for step two of the transaction between the Trust and SpaceX. 47 CFR Sec. 1.913(b).
10/ SpaceX-EchoStar Sept. 30 Public Notice. In addition, the Applicants explain that SpaceX is preparing an amendment to add the unpaired AWS-3 spectrum to its separate pending application for a new non-geostationary orbit system license. See Nov. 20, 2025 Amended Applications, Amended Description of the Transaction, Public Interest Statement, and Related Demonstrations at 13 (Amended Public Interest Statement) (citing to SpaceX's application to provide MSS and Supplemental Coverage from Space (SCS) services using, among other bands, the 2 GHz MSS and AWS-H Block spectrum it proposes to acquire from EchoStar, see Application, ICFS File No. SATLOA-20250916-00282 (filed Sept. 22, 2025)). SpaceX plans to include requests for waiver necessary to include SCS using the AWS-3 unpaired spectrum. Id. at 13 n.38; see also Letter from David Goldman, Vice President of Satellite Policy, SpaceX, to Marlene H. Dortch, Secretary, FCC at 1, GN Docket No. 25-302 (Nov. 18, 2025) (SpaceX Nov. 18 Ex Parte). The Space Bureau will separately announce a pleading cycle for SpaceX's NGSO MSS application when it is accepted for filing.
11/ Nov. 20, 2025 Amended Applications, Ex. B, Waiver Requests at 2-5 (Amended Waiver Requests).
12/ Id. at 5-6.
13/ Id. at 5-6; see also SpaceX Nov. 18 Ex Parte at 1.
14/ Amended Waiver Requests at 9.
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Original text here: https://docs.fcc.gov/public/attachments/DA-25-989A1.pdf
Seward and Son to Pay $150,000 in EEOC Race and National Origin Discrimination Lawsuit
WASHINGTON, Nov. 25 -- The Equal Employment Opportunity Commission issued the following news release:
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Seward and Son to Pay $150,000 in EEOC Race and National Origin Discrimination Lawsuit
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Mississippi planting company settles federal lawsuit charging it treated non-black immigrant workers more favorably
JACKSON, Miss. - Seward and Son Planting Company, a farming operation with 22,000 acres of corn, soybeans and cotton in Louise, Mississippi, will pay $150,000 and implement policy changes via a three-year consent decree to settle a race and national origin discrimination lawsuit filed
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WASHINGTON, Nov. 25 -- The Equal Employment Opportunity Commission issued the following news release:
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Seward and Son to Pay $150,000 in EEOC Race and National Origin Discrimination Lawsuit
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Mississippi planting company settles federal lawsuit charging it treated non-black immigrant workers more favorably
JACKSON, Miss. - Seward and Son Planting Company, a farming operation with 22,000 acres of corn, soybeans and cotton in Louise, Mississippi, will pay $150,000 and implement policy changes via a three-year consent decree to settle a race and national origin discrimination lawsuit filedby the U.S. Equal Employment Opportunity Commission (EEOC), the agency announced today.
According to the EEOC's lawsuit, starting Dec. 1, 2020, Seward and Son began hiring immigrant agricultural workers from a foreign country to supplement its existing workforce, which consisted of primarily black farm workers of American national origin. The EEOC alleged that Seward and Son discriminated against its American workers by providing the foreign workers with preferential job assignments which were less strenuous, and had more work hours, higher pay, and higher bonuses.
"Federal law prohibits employers from favoring employees in compensation or preferred work assignments based on their race or national origin," said EEOC Birmingham District Director Bradley Anderson. "The EEOC is committed to ensuring employers treat their employees equally in all terms and conditions of employment."
This alleged conduct violated Title VII of the Civil Rights Act of 1964, which prohibits employers from discriminating against individuals with respect to compensation or terms or conditions of employment on the basis of race or national origin. The EEOC filed suit (EEOC v. Seward and Son, Case No. 4:25-cv-00155) in U.S. District Court for the Northern District of Mississippi after its Jackson Area Office completed an investigation and first attempted to reach a pre-litigation settlement through its voluntary conciliation process.
Marsha Rucker, regional attorney for the EEOC's Birmingham District, said, "We commend Seward and Son for its cooperation in early resolution of this lawsuit and undertaking measures to ensure that its employees are not treated differently based on their race and national origin in the future."
In addition to monetary damages for the class of black American farm laborers, the decree requires that Seward and Son review, revise as necessary, and disseminate its anti-discrimination policy instructing employees about their rights and how to report discrimination or retaliation. The decree also requires Seward and Son to annually train its managers and employees on discrimination and retaliation and provides other injunctive relief against the company to prevent such unlawful conduct in the future.
For more information on race discrimination, please visit https://www.eeoc.gov/racecolor-discrimination. For more information on national origin discrimination, please visit https://www.eeoc.gov/national-origin-discrimination.
The EEOC's Birmingham District Office has jurisdiction over Alabama, Mississippi (except 17 northern counties) and the Florida Panhandle.
The EEOC is the sole federal agency authorized to investigate and litigate against businesses and other private sector employers for violations of federal laws prohibiting employment discrimination. For public sector employers, the EEOC shares jurisdiction with the Department of Justice's Civil Rights Division; the EEOC is responsible for investigating charges against state and local government employers before referring them to DOJ for potential litigation. The EEOC also is responsible for coordinating the federal government's employment antidiscrimination effort. More information is available at www.eeoc.gov. Stay connected with the latest EEOC news by subscribing to our email updates.
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Original text here: https://www.eeoc.gov/newsroom/seward-and-son-pay-150000-eeoc-race-and-national-origin-discrimination-lawsuit
FDIC Releases Public Sections of Informational Filings for Six Large Banks
WASHINGTON, Nov. 25 -- The Federal Deposit Insurance Corporation issued the following news release:
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FDIC Releases Public Sections of Informational Filings for Six Large Banks
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WASHINGTON The Federal Deposit Insurance Corporation (FDIC) today released the public sections of informational filings for six large insured depository institutions (IDIs).
The FDIC's regulations require covered IDIs with total assets of at least $50 billion but less than $100 billion submit informational filings every three years. These filings support the FDIC's resolution readiness under the Federal Deposit
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WASHINGTON, Nov. 25 -- The Federal Deposit Insurance Corporation issued the following news release:
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FDIC Releases Public Sections of Informational Filings for Six Large Banks
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WASHINGTON The Federal Deposit Insurance Corporation (FDIC) today released the public sections of informational filings for six large insured depository institutions (IDIs).
The FDIC's regulations require covered IDIs with total assets of at least $50 billion but less than $100 billion submit informational filings every three years. These filings support the FDIC's resolution readiness under the Federal DepositInsurance Act in the event of material financial distress or failure of a covered IDI. These informational filing submissions were due by October 1, 2025.
The public sections of the informational filings are available on the FDIC's website.
Contact(s)
MediaRequests@fdic.gov
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Original text here: https://www.fdic.gov/news/press-releases/2025/fdic-releases-public-sections-informational-filings-six-large-banks
FDIC Finalizes Regulatory Threshold Updates and Indexing to Reflect Inflation
WASHINGTON, Nov. 25 -- The Federal Deposit Insurance Corporation issued the following news release:
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FDIC Finalizes Regulatory Threshold Updates and Indexing to Reflect Inflation
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WASHINGTON - The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved a final rule that updates certain regulatory thresholds to reflect historical inflation, including those under 12 CFR part 363 related to annual independent audit and reporting requirements, and provides for future adjustments to those thresholds based on inflation.
The changes set forth in the final rule provide
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WASHINGTON, Nov. 25 -- The Federal Deposit Insurance Corporation issued the following news release:
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FDIC Finalizes Regulatory Threshold Updates and Indexing to Reflect Inflation
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WASHINGTON - The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved a final rule that updates certain regulatory thresholds to reflect historical inflation, including those under 12 CFR part 363 related to annual independent audit and reporting requirements, and provides for future adjustments to those thresholds based on inflation.
The changes set forth in the final rule providea more durable framework preserving certain regulatory thresholds in real terms, thereby avoiding unintended and undesirable policy consequences. The final rule will provide meaningful burden relief for community banks, including through modifications to thresholds found in 12 CFR part 363 reporting and compliance requirements.
Additionally, the final rule provides immediate burden relief to insured depository institutions that are currently subject to part 363 requirements but will no longer be subject to such requirements under the updated thresholds in effect as of January 1, 2026.
Attachment(s)
Final Rule (PDF)
Contact(s)
MediaRequests@fdic.gov
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Original text here: https://www.fdic.gov/news/press-releases/2025/fdic-finalizes-regulatory-threshold-updates-and-indexing-reflect-inflation
Cristina Martin Firvida to Conclude Tenure as Investor Advocate
WASHINGTON, Nov. 25 -- The Securities and Exchange Commission issued the following news release:
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Cristina Martin Firvida to Conclude Tenure as Investor Advocate
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The Securities and Exchange Commission today announced that Cristina Martin Firvida, who has served as the Director of the Office of the Investor Advocate since January 2023, will conclude her tenure with the agency at the end of January 2026.
As the Investor Advocate, Ms. Martin Firvida has led an office that was established by Congress to identify, analyze, and address the concerns of investors, providing them a voice and
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WASHINGTON, Nov. 25 -- The Securities and Exchange Commission issued the following news release:
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Cristina Martin Firvida to Conclude Tenure as Investor Advocate
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The Securities and Exchange Commission today announced that Cristina Martin Firvida, who has served as the Director of the Office of the Investor Advocate since January 2023, will conclude her tenure with the agency at the end of January 2026.
As the Investor Advocate, Ms. Martin Firvida has led an office that was established by Congress to identify, analyze, and address the concerns of investors, providing them a voice andensuring their needs are reflected in decisions made at the SEC and elsewhere in the federal government and securities industry.
Under her leadership, the office conducted a significant research project to study registered index-linked annuities and investors' understanding of these complex products, and advised the Commission on opportunities to improve disclosures for retirement investors. Ms. Martin Firvida also helped lead other data collection efforts within the office that identify real-time insights on evolving retail investing behavior and inform the Commission rulemaking process with evidence obtained from surveys and tests of the impacts of potential policy changes.
"Our work at the SEC should always be rigorous and responsive to the needs and interests of investors, and Cristina and her staff have provided important policymaking support to the Commission," said SEC Chairman Paul S. Atkins. "We wish her the best in her future endeavors and thank her for the contributions she made to our agency and investors as a whole."
Ms. Martin Firvida said, "It has been a privilege to serve investors and the Commission in this role, and I thank the Chairman and the Commissioners for generously supporting and encouraging our work. I am grateful for the opportunity to spotlight investor aspirations and challenges by providing timely empirical research, expert legal analysis, and direct engagement during a period of rapid change in the capital markets. It has been an honor to work alongside the exceptional staff at the SEC, especially the dedicated experts in the Office of the Investor Advocate."
Prior to serving as the Investor Advocate, Ms. Martin Firvida worked at AARP as vice president of financial security and livable communities for government affairs. She directed federal and state advocacy on pensions, retirement savings, Social Security, financial services, and other aspects of retirement financial security. She also managed AARP's federal and state advocacy on housing, labor, telecommunications, and tax policy. Prior to joining AARP, Ms. Martin Firvida was director of government relations and senior counsel at the National Women's Law Center.
Ms. Martin Firvida earned her bachelor's degree cum laude in philosophy from Yale University and her juris doctorate cum laude from Cornell Law School. She was a women's law and public policy fellow at Georgetown University Law Center.
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Original text here: https://www.sec.gov/newsroom/press-releases/2025-136-cristina-martin-firvida-conclude-tenure-investor-advocate
Agencies Issue Final Rule to Modify Certain Regulatory Capital Standards
WASHINGTON, Nov. 25 -- The Federal Deposit Insurance Corporation issued the following news release:
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Agencies Issue Final Rule to Modify Certain Regulatory Capital Standards
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WASHINGTON - The federal bank regulatory agencies today jointly issued a final rule that modifies certain regulatory capital standards to reduce disincentives a banking organization may have to engage in lower-risk activities, such as intermediating in U.S. Treasury markets. The final rule is substantially similar to the proposal issued in June, with changes at the depository institution level.
Like the proposal,
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WASHINGTON, Nov. 25 -- The Federal Deposit Insurance Corporation issued the following news release:
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Agencies Issue Final Rule to Modify Certain Regulatory Capital Standards
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WASHINGTON - The federal bank regulatory agencies today jointly issued a final rule that modifies certain regulatory capital standards to reduce disincentives a banking organization may have to engage in lower-risk activities, such as intermediating in U.S. Treasury markets. The final rule is substantially similar to the proposal issued in June, with changes at the depository institution level.
Like the proposal,the final rule modifies certain leverage capital standards applicable to the largest and most systemically important banking organizations to serve as a backstop to risk-based capital requirements and to avoid discouraging these organizations from engaging in low-risk activities. The rule sets the standard for these bank holding companies and their depository institution subsidiaries based on each organization's overall systemic risk.
For depository institution subsidiaries, the final rule differs from the proposal by capping the enhanced supplementary leverage ratio standard at one percent, making the overall requirement for these institutions no more than four percent. This treatment is intended to reflect differences in the capital requirements and systemic risk profile of the overall organization relative to its depository institution subsidiaries. This change would also help ensure that the leverage standard operates as a backstop to risk-based capital requirements for depository institutions, particularly during times of stress.
The agencies estimate that overall levels of capital that banking organizations maintain will remain broadly unchanged as a result of this rule. In aggregate, the rule will reduce tier 1 capital requirements for affected bank holding companies by less than two percent. While depository institution subsidiaries would see greater reductions, that capital generally would not be available for distribution to external shareholders due to capital restrictions at the holding company level.
The final rule also includes conforming changes to other regulations that are tied to the leverage capital standards, such as the total loss-absorbing capacity and long-term debt requirements.
The final rule will take effect on April 1, 2026. Banking organizations may elect to adopt the modified standards beginning January 1, 2026.
Attachment(s)
Notice of Proposed Rulemaking (PDF)
Contact(s)
FDIC: Carroll Kim, (202) 898-7389
FRB: Meg Nelson, (202) 452-2955
OCC: Andrea Cox, (202) 649-6870
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Original text here: https://www.fdic.gov/news/press-releases/2025/agencies-issue-final-rule-modify-certain-regulatory-capital-standards
