{"id":70779,"date":"2026-05-22T16:25:13","date_gmt":"2026-05-22T20:25:13","guid":{"rendered":"https:\/\/tvdelmarva.com\/wp\/federal-banking-regulators-approve-major-banks-emergency-shutdown-plans\/"},"modified":"2026-05-22T16:25:13","modified_gmt":"2026-05-22T20:25:13","slug":"federal-banking-regulators-approve-major-banks-emergency-shutdown-plans","status":"publish","type":"post","link":"https:\/\/tvdelmarva.com\/wp\/federal-banking-regulators-approve-major-banks-emergency-shutdown-plans\/","title":{"rendered":"Federal Banking Regulators Approve Major Banks’ Emergency Shutdown Plans"},"content":{"rendered":"\n
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WASHINGTON, May 22 – Two federal banking agencies have given their approval to emergency shutdown blueprints submitted by America’s biggest financial institutions, outlining procedures for safely dissolving operations during bankruptcy proceedings.<\/p>

The Federal Reserve and Federal Deposit Insurance Corporation found no deficiencies in these emergency plans, known as “living wills,” from the country’s 8 biggest banks and 56 foreign banking organizations. On Friday, the regulatory agencies also revealed that previously identified problems in submissions from Bank of America, Goldman Sachs, JPMorgan Chase and Citigroup have been properly resolved. These four institutions had received criticism from regulators in 2024 for failing to demonstrate adequate methods for safely dismantling their derivatives portfolios during potential bankruptcy scenarios.<\/p>","protected":false},"excerpt":{"rendered":"

Two federal banking agencies have approved emergency shutdown plans from the country’s eight biggest banks and 56 foreign banking organizations. The regulators also said four major banks successfully fixed problems identified in their previous plans last year.<\/p>\n","protected":false},"author":4,"featured_media":70778,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[834],"tags":[],"class_list":["post-70779","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1779481513076.jpg?fit=450%2C300&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pbtNqq-ipB","jetpack-related-posts":[{"id":36926,"url":"https:\/\/tvdelmarva.com\/wp\/treasury-department-plans-major-changes-to-bank-lending-rules\/","url_meta":{"origin":70779,"position":0},"title":"Treasury Department Plans Major Changes to Bank Lending Rules","author":"Admin","date":"March 14, 2026","format":false,"excerpt":"Federal officials are preparing a comprehensive overhaul of banking liquidity regulations, claiming current rules restrict lending too much. The review comes after the Silicon Valley Bank collapse highlighted weaknesses in how banks manage cash during financial stress.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1773484533534.jpg?fit=450%2C292&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":39363,"url":"https:\/\/tvdelmarva.com\/wp\/federal-banking-regulators-set-to-release-revised-capital-requirements-thursday\/","url_meta":{"origin":70779,"position":1},"title":"Federal Banking Regulators Set to Release Revised Capital Requirements Thursday","author":"Admin","date":"March 19, 2026","format":false,"excerpt":"Federal banking regulators will announce revised capital requirements Thursday that are expected to be less stringent than previously proposed rules. The changes could free up billions of dollars for major banks to use for lending and shareholder returns.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1773916554188.jpg?fit=450%2C304&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":72120,"url":"https:\/\/tvdelmarva.com\/wp\/banking-regulators-implement-major-changes-to-financial-institution-oversight\/","url_meta":{"origin":70779,"position":2},"title":"Banking Regulators Implement Major Changes to Financial Institution Oversight","author":"Admin","date":"May 26, 2026","format":false,"excerpt":"Federal banking agencies are implementing the most significant changes to bank supervision since the 2008 financial crisis under Republican President Trump's administration. The regulators say they want examiners to concentrate on significant financial threats rather than minor procedural matters. However, critics argue these modifications could weaken the overall financial system.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1779812577314.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":35440,"url":"https:\/\/tvdelmarva.com\/wp\/trump-administration-to-release-new-banking-rules-after-industry-pushback\/","url_meta":{"origin":70779,"position":3},"title":"Trump Administration to Release New Banking Rules After Industry Pushback","author":"Admin","date":"March 12, 2026","format":false,"excerpt":"Federal regulators under President Trump plan to unveil revised banking capital requirements this month, scaling back controversial rules first proposed in 2023. The new \"Basel Endgame\" regulations will moderately reduce capital requirements for many banks following intense Wall Street opposition.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1773345061844.jpg?fit=450%2C384&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":63180,"url":"https:\/\/tvdelmarva.com\/wp\/major-banks-make-final-attempt-to-reduce-federal-capital-requirements\/","url_meta":{"origin":70779,"position":4},"title":"Major Banks Make Final Attempt to Reduce Federal Capital Requirements","author":"Admin","date":"May 7, 2026","format":false,"excerpt":"America's largest financial institutions are making one last effort to convince federal regulators to ease banking capital rules before November's election. The banks want changes to requirements for credit card lines and other regulations they say could force them to reduce customer credit limits.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1778165601863.jpg?fit=450%2C280&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":53859,"url":"https:\/\/tvdelmarva.com\/wp\/fed-officials-warn-major-banks-against-fighting-new-capital-requirements\/","url_meta":{"origin":70779,"position":5},"title":"Fed Officials Warn Major Banks Against Fighting New Capital Requirements","author":"Admin","date":"April 17, 2026","format":false,"excerpt":"Federal Reserve supervisory officials have privately advised major banking executives to avoid mounting another fierce campaign against updated capital requirements. The new rules represent a significant compromise from the Fed's original 2023 proposal that would have dramatically increased capital mandates.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776460916236.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts\/70779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/comments?post=70779"}],"version-history":[{"count":0,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts\/70779\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/media\/70778"}],"wp:attachment":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/media?parent=70779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/categories?post=70779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/tags?post=70779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}