CONTACT: Laura Peavey
(202) 457-8770
lpeavey@fsforum.com
Forum Welcomes Proposals to Focus Bank Supervision
“Another positive step.”
Washington, D.C. – Financial Services Forum President and CEO Amanda Eversole issued the following statement in response to proposals by the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency to prohibit the use of reputation risk in supervision and clarify what constitutes unsafe or unsound banking practices:
“Today’s action advances financial system safety and fair treatment of consumers and businesses, goals shared by banks and bank supervisors. This is another positive step toward focusing bank oversight on real financial risks. We look forward to reviewing the proposals and engaging with the agencies to ensure the largest U.S. banks are positioned to support consumers and businesses across the country.”
To learn more about the need to modernize bank supervision, see our fact sheet. You can also find our latest statements on bank supervision below:
- Banks Respond to Executive Order to Promote Financial Services Access – 8/7/25
- Forum Statement on Federal Reserve’s Removal of Reputation Risk – 6/23/25
- Forum Applauds House Committee Passage of Measures to Improve Bank Supervision – 5/21/25
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The Financial Services Forum is an economic policy and advocacy organization whose members are the eight largest and most diversified financial institutions headquartered in the United States. Forum member institutions are a leading source of lending and investment in the United States and serve millions of consumers, businesses, investors, and communities throughout the country. The Forum promotes policies that support savings and investment, financial inclusion, deep and liquid capital markets, a competitive global marketplace, and a sound financial system.
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