Fed Scrutinizes Banks' Sneaky Nonbanking Business Moves
Published Date: 7/30/2025
Notice
Summary
Some companies want to start or buy businesses that do activities related to banking but aren’t banks themselves. The Federal Reserve is letting the public check out these plans and share their thoughts by August 29, 2025. This affects banks and holding companies across the U.S. and helps keep banking activities safe and sound.
No Economic Impacts Identified for this Document
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Key Dates
Related Federal Register Documents
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The Board is inviting public comment on proposed amendments to Regulation O, which governs loans by member banks to their insiders and insiders of their affiliates. The proposed amendments would update and modernize the regulation, increase transparency by clarifying requirements and incorporating existing interpretations, and promote efficiency by reducing regulatory burden. The proposed amendments also would incorporate existing statutory requirements that are not currently reflected in the regulation. Moreover, the proposed amendments would update several outdated dollar-based thresholds in Regulation O and index these thresholds going forward. In addition, the proposed amendments would address the application of Regulation O to member banks that lend to companies that are presumed to be controlled by large asset management companies through passive investment funds. Finally, the proposed amendments would revise and reorganize the regulation to streamline the text and make it more accessible.
2026-14373, Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Some companies want to become bank holding companies or buy banks, and the Federal Reserve is checking their applications. If you have thoughts, you can send comments by August 17, 2026. This affects banks and their owners, and the process helps keep banking safe and fair.
2026-14064, Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Some companies want to become bank holding companies or buy banks, and the Federal Reserve is reviewing their applications. If you have thoughts, you can send comments by August 12, 2026. This affects banks, their owners, and the public, with no direct costs but important changes in who controls banks.
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Previous / Next Documents
Previous: 2025-14399, Agency Information Collection Activities: Proposed Collection Renewal; Comment Request
The FDIC wants to keep collecting important info from banks and the public, but they’re asking for your thoughts first! This renewal won’t cost extra money or change much, but your feedback helps keep things smooth and simple. You’ve got a chance to speak up before the deadline, so don’t miss out!
Next: 2025-14401, Agency Information Collection Proposed Extension
The Department of Energy wants to keep collecting info on natural gas imports and exports for three more years, without changing the form. This helps them track U.S. natural gas trade and make smart energy decisions. If you’re involved in natural gas trade, this affects you, but there’s no new cost or extra paperwork—just a heads-up to keep sharing the same info.