After 11 of the 12 largest US banks saw their resolution plans rejected by the regulators in 2014, there will be intense scrutiny on a new round of submissions.

The US Office of Financial Research is calling for more detail on efforts by banks to reduce capital requirements through risk transfer trades with third parties.

Democrats and Republicans agree that community banks need regulatory relief. But this may have to wait until deals can be struck on more controversial rollbacks.

The Federal Reserve Bank of Richmond has warned that 60% of the liabilities of the US financial system are subject to either explicit or implicit protection from loss by the US government.

Post-crisis bank regulation is driving banks out of the mortgage market, sparking a boom in non-bank mortgage activity, according to recent research.

Senator Elizabeth Warren has publicly castigated the Securities and Exchange Commission chair for multiple failings, calling her leadership “extremely disappointing”.

The Financial Stability Oversight Council’s annual report has highlighted that potential credit and liquidity risks associated with central counterparties during periods of market stress are minimised.

Commodity Futures Trading Commission chairman Timothy Massad has criticised proposed legislation that would reauthorise the CFTC for five years, calling provisions unnecessary and unduly restrictive.

The Federal Reserve has proposed adding certain state and municipal bonds to the assets that banks can use to meet the liquidity coverage ratio adopted by US bank regulators last September.

Democrat Senator Elizabeth Warren has joined forces with Republican Senator David Vitter to introduce legislation to limit the Federal Reserve’s emergency lending authority.