Alex here.

This is the Bank Regulatory Pulse Intelligence Brief for Friday, April 10, 2026.

Today brings a major collision between the White House and the banking industry over stablecoin deposit risk — and three massive comment periods all closing in June.

The Federal Register is publishing the GENIUS Act stablecoin rules, the AML and CFT overhaul, and the OCC's reputation risk final rule.

That's the regulatory earthquake.

But first, the data fight reshaping stablecoin policy.

The White House Council of Economic Advisers just released a deposit displacement analysis putting yield-bearing stablecoins at $2.1 billion in risk.

The banking industry's counter? $6.6 trillion.

That gap is now the central number in the CLARITY Act markup.

Treasury Secretary Bessent called directly on the Senate Banking Committee to advance the bill to the President's desk.

The number that survives the markup determines whether yield-bearing stablecoins become a real deposit competitor or remain niche.

This matters for your retail deposit strategy.

Moving to today's regulatory filings.

The Federal Register publishes the FDIC's proposed rule for stablecoin issuers under the GENIUS Act framework.

Same day, FinCEN and OFAC publish their joint stablecoin AML and CFT compliance proposal.

And FinCEN publishes its comprehensive overhaul of BSA and AML program requirements — shifting from prescriptive checklists to risk-based, reasonably designed programs.

The OCC publishes its parallel AML rule today as well.

All three comment periods close around June 9.

That's roughly 60 days to weigh in on the compliance architecture that will define your program for years.

Institutions with stablecoin programs or material AML exposure should prioritize substantive engagement now.

Also publishing today: the OCC's final reputation risk rule.

This prohibits supervisory use of reputation risk as an examination finding.

Banks with active findings citing reputation risk have a 60-day window to assess whether those findings are now challengeable.

The Fed terminated enforcement actions against Goldman Sachs, Crédit Agricole, and Mega International Commercial Bank in a single release.

The Fed is clearing legacy enforcement backlog under current leadership.

One more item worth monitoring.

The Senate Banking Committee postponed a confirmation hearing for Trump's Federal Reserve nominee.

No rescheduled date has been announced.

Combined with prior White House commentary on Fed leadership, this extends the rate-path uncertainty.

Nothing to act on yet, but the thread has lengthened.

For the full analysis, check your Bank Regulatory Pulse daily briefing in your inbox, or catch the weekly digest every Sunday.

I'm Alex.

This has been the Bank Regulatory Pulse Intelligence Brief.

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