3064-AF92 202310 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 3064 Federal Deposit Insurance Corporation FDIC Proposed Amendments to the FDIC's Section 19 Regulations

Section 19 of the FDI Act (12 U.S.C. 1829), among other provisions, requires persons with certain covered criminal offenses on their records to obtain prior written consent from the FDIC before participating in the conduct of the affairs of any insured depository institution. On December 23, 2022, the President signed into law the Fair Hiring in Banking Act (Act), which was a part of the James M. Inhofe National Defense Authorization Act for Fiscal Year 2023. The Act significantly revised section 19 and was effective immediately. Accordingly, the FDIC is requesting comments on proposed amendments to its section 19 regulations under 12 CFR part 303, subpart L, due to the Act, particularly regarding areas in which the FDIC is interpreting the text of the Act.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Proposed Rule Stage Undetermined No 12 CFR 303 12 CFR 308 12 U.S.C. 1829, as amended by Pub. L. 117–263, sec. 5705 (2022) No NPRM 11/00/2023 Email: comments@fdic.gov. Please include RIN 3064-AF92 in the subject line of communications. The Act requires the FDIC, "In carrying out [the revisions to Section 19, to] consult and coordinate with the National Credit Union Administration as needed to promote consistent implementation where appropriate." Accordingly, the FDIC will consult and coordinate with NCUA staff--as well as staff from the FRB and OCC--regarding the implementation of the Act, including through rulemaking(s). Undetermined None No No https://www.fdic.gov/resources/regulations/federal-register-publications/ https://www.fdic.gov/resources/regulations/federal-register-publications/ No No 3064-AF19 Related to Graham Rehrig N. Counsel 3064 Federal Deposit Insurance Corporation FDIC 202 898-3829 grehrig@fdic.gov 550 17th Street NW, Washington DC 20429 Kristine Schmidt Counsel 3064 Federal Deposit Insurance Corporation FDIC 202 898-6686 krschmidt@fdic.gov 550 17th Street NW, Washington DC 20429 Tim Schuett Review Examiner 3064 Federal Deposit Insurance Corporation FDIC 763 614-9473 tschuett@fdic.gov 550 17th Street NW, Washington DC 20429 Brian Zeller Review Examiner 3064 Federal Deposit Insurance Corporation FDIC 571 345-8170 bzeller@fdic.gov 550 17th Street NW, Washington DC 20429