Daily Regulatory Briefing - May 26, 2026
Morgan here.This is Lex Reg Pulse Daily for Tuesday, May 26, 2026.The week's defining structural story is the Federal Reserve's proposed Payment Account framework.Two OFAC designations carry an effective date of May 21 — meaning the operational clock is already running.And a pair of OCC rules close their comment windows Thursday.Here's what your teams need to know.The Federal Reserve's Payment Account proposal is the most consequential item on the calendar this week.The Board is proposing a new optional account category at Reserve Banks — a streamlined path to Fed access with explicit…
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