September 29, 2022

Paul Hastings LLP

House Committee on Financial Services September Schedule Announced
August 31, 2022
The U.S. House Committee on Financial Services announced the following schedule for the month of September:
Preliminary Annual Report on U.S. Holdings of Foreign Securities at Year-End 2021
August 31, 2022
The U.S. Department of the Treasury released the preliminary data on U.S. portfolio holdings of foreign securities at year-end 2021. The final survey report, which will include additional detail as well as possible revisions to the data, will be released on October 31, 2022.
Paper: The Financial Stability Implications of Digital Assets
August 31, 2022
The Federal Reserve Board published a paper entitled, "The Financial Stability Implications of Digital Assets."
Small Business Credit Survey: Small businesses face lingering pandemic impacts with fewer workers, bigger hiring troubles
August 31, 2022
The Federal Reserve Bank of Boston published an article discussing the results of the Small Business Credit Survey taken from September to November 2021.
SBA Advocacy Releases 2022 Small Business Profiles for The States, Territories, and Nation
August 31, 2022
The U.S. Small Business Administration’s Office of Advocacy released the 2022 Small Business Profiles for the States, Territories and Nation.
FHFA Announces Comprehensive Review of the Federal Home Loan Bank System
August 31, 2022
The Federal Housing Finance Agency announced it will conduct a comprehensive review of the Federal Home Loan Bank System beginning in the fall of 2022.
Credit union quarterly statistics – 2022 Q1
August 31, 2022
The Bank of England released the Q1 2022 credit union quarterly statistics.
Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency
U.S. Department of the Treasury – Janet Yellen (effective January 26, 2021)
Federal Reserve Board – Jerome H. Powell (effective May 23, 2022)
Federal Reserve Bank of New York – John C. Williams (effective June 18, 2018)
Federal Deposit Insurance Corporation – Martin Gruenberg (Acting Chair, appointed February 5, 2022)
Consumer Financial Protection Bureau – Rohit Chopra (effective October 12, 2021)
Securities and Exchange Commission – Gary Gensler (effective April 17, 2021)
Small Business Administration – Isabella Casillas Guzman (effective March 16, 2021)
Commodity Futures Trade Commission – Rostin Behnam (effective December 17, 2021)
Financial Crimes Enforcement Network
National Credit Union Administration – Todd M. Harper
U.S. Department of Housing and Urban Development – Marcia Fudge (effective March 10, 2021)
Federal Housing Finance Agency – Sandra L. Thompson, (confirmed May 25, 2022)
U.S. Department of Education – Dr. Miguel Cardona (effective March 2, 2021)
Click here to read more from our Coronavirus series.
Click here to view the full text of the Coronavirus Aid, Relief and Economic Security Act (the "CARES Act"), Enacted March 27, 2020.
Click here to view the full text of the Paycheck Protection Program Increase Act of 2020, Enacted April 24, 2020.
Click here to view the full text of the Paycheck Protection Program Flexibility Act of 2020, Enacted June 5, 2020.
Click here to view the full text of the Consolidated Appropriations Act, 2021, Enacted December 27, 2020.
Click here to view the full text of the American Rescue Plan of 2021, Enacted March 11, 2021.
Click here to view the full text of the PPP Extension Act of 2021, Enacted March 30, 2021.
Click here to view a running list of proposed legislation from the Senate Committee on Banking, Housing, and Urban Affairs, Senate Committee on Small Business and Entrepreneurship, House Committee on Financial Services, and House Committee on Small Business.
See more

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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