Bank Regulatory Agency Update Under DOGE: What Every Financial Institution Needs to Know

 

Under the Trump administration, the Department of Government Efficiency (DOGE) has been making cuts across government agencies in its efforts to reduce government spending. Bank regulatory agencies—including the Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC), and Consumer Financial Protection Bureau (CFPB)—have not been immune. Recent reports state that the current administration is considering folding the FDIC into the Treasury Department or combining it with the OCC. DOGE has also called for a complete dismantling of the CFPB.

Join Amundsen Davis’s Business Litigation Service Group’s Sherry Coley, partner, and Ryan Bald, associate, for an update on DOGE’s apparent plans for agency centralization or consolidation.

 

What You Can Expect… Our speakers will cover various topics related to agency consolidation and its likely impacts, including in-depth discussions on:

• Changes to leadership and activities at bank regulatory agencies during President Trump’s second term in office;

• The current regulatory landscape, DOGE’s priorities, and key policies to be aware of;

• Implications of centralization of bank regulation for financial institutions and their clients; and

• Practical strategies for mitigating risk amid a challenging and uncertain legal landscape.

 

Who Should Attend? This webcast is essential for decision makers, business leaders, brokers and bankers, and general counsel in the banking and finance industries.

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Speakers 

Sherry Coley

Partner | Banking & Finance Service Group·Amundsen Davis, LLC

Sherry’s first exposure to laws and government came from watching her grandfather serve as a state senator in Iowa. She witnessed him work tirelessly for his constituents. Today, she strives to serve her clients with the same dedication. As a member of the firm’s Business Litigation Service Group, Sherry focuses her practice primarily on complex business litigation, with an emphasis on contract disputes, business torts, financial services litigation, real estate foreclosures and work-outs, and tax assessment appeals. Sherry also represents financial institutions in state and federal court on a variety of commercial lending disputes, including defense of counterclaims raised in response to foreclosure or deficiency actions, and disputes arising from insolvent borrowers, including proceedings in bankruptcy court. In addition, she defends manufacturers in product liability actions involving personal injury, wrongful death and property damage.

Ryan Bald

Associate | Business Litigation Service Group·Amundsen Davis, LLC

Ryan knew he wanted to pursue a legal career after taking his first business law course as a college undergraduate. He combines his passion for law with his business acumen as a member of the firm’s Business Litigation Service Group. Working across the commercial lending, banking, and financial services industries, Ryan represents clients on matters including bankruptcy, foreclosure, mortgage defaults, and business disputes. Ryan understands the value of hard work and knows that making an impact means doing more than what’s required. He goes the extra mile to build meaningful relationships with his clients, instilling in them the confidence that he will do whatever it takes to assist them.